TechCrunch

APRIL 27, 2022

One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents. Part of the funding will be used to expand the business’ presence. Sun King has previously raised $170 million in equity and debt funding.

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TechCrunch

MARCH 8, 2022

As managing partner at Class 5 Global, a San-Fransisco venture fund that has backed startups like Careem and Meliuz, Oudjidane was central to the VC’s efforts in assessing investment opportunities across emerging markets. Further market research highlighted that East Africa was the perfect place for the team to start.

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TechCrunch

AUGUST 26, 2021

Today, the company is announcing that it has closed $9 million in seed funding to scale its operational presence, recruit talent and expand into new markets. based fund 88mph co-led the round with China-based MSA Capital, with participation from Zagadat Capital, Kepple Ventures and Vunani Capital.

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TechCrunch

JANUARY 25, 2021

Social enterprises like One Acre Fund, startups like Apollo Agriculture, and agribusiness giants like Flour Mills and Export Trading Group are also among Pula’s clients. “With our latest funding, now is the time to break into new ground. Co-CEOs with agricultural backgrounds. million farmers.

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TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. So far, JUMO has served loans worth over $3.5

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TechCrunch

JANUARY 6, 2022

They can also make advertising and marketing campaigns at shops, perform product giveaways and tap into merchandising revenue. Merchandising and targeted marketing and advertising also bring in bucks for the company. JABU operated in stealth mode for much of last year. David Akinin (Co-founder and CEO, JABU).

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TechCrunch

DECEMBER 8, 2021

Blantern said the Impact Rooms is also using data to help investors make decisions on which countries, industries or startups to invest in – giving an equal opportunity to startups across all markets in Africa. “We This in addition to helping 1,000 startups raise funds.

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TechCrunch

JUNE 7, 2022

Founded three years ago and launched in 2021, Klasha is tapping into Africa’s cross-border space in a vast e-commerce market worth over $25 billion. Last year, Klasha’s consumer product allowed users in Nigeria, Ghana and Kenya to create virtual cards, fund with their respective currencies and send and receive money.

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TechCrunch

JUNE 8, 2022

Other investors in the round include Slack Fund and Cleveland Avenue , with Mike Gamson , Sterling Road , and Concrete Rose Capital as repeat investors. With the new funding, Five to Nine plans to expand its engineering teams, create new products, and increase hiring. “What we’re doing is super needed in the market.”

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TechCrunch

JUNE 8, 2022

Other investors in the round include Slack Fund and Cleveland Avenue , with Mike Gamson , Sterling Road and Concrete Rose Capital as repeat investors. With the new funding, Five to Nine plans to expand its engineering teams, create new products and increase hiring. “What we’re doing is super needed in the market.”

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TechCrunch

NOVEMBER 10, 2021

Private equity fund AfricInvest FIVE co-led the Series C round with existing investors Goodwell Investments and LUN Partners Group. New investors CommerzVentures, Allan Gray Ventures, Endeavor Catalyst and Endeavor Harvest also joined the round , while ShoreCap III returned as an existing investor with other funds.

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TechCrunch

OCTOBER 11, 2021

One company that is planning to drive the wave of telemedicine across the continent, as the Covid-19 pandemic rages on, is mPharma , a Ghanaian health tech start-up that is set to open 100 virtual centers across seven markets in Africa over the next six months. It is raising more funding to further grow its business across the continent. “We

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TechCrunch

DECEMBER 14, 2021

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration.

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TechCrunch

NOVEMBER 22, 2022

Leta , a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations in its existing five markets. Our product has stabilized and we have a very good understanding of our sales process and our go-to-market strategy.

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TechCrunch

OCTOBER 26, 2021

mPharma, a Ghanaian health startup, has taken a controlling stake in Uganda’s Vine Pharmacy for an undisclosed amount, marking the firm’s entry into its latest market in Africa. It currently runs retail pharmacy operations and provides market intelligence to hospitals, pharmacies and patients. The firm also partnered with Mt.

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TechCrunch

MARCH 2, 2022

It is this missing connection that Emtech , a central bank digital infrastructure provider, is looking to fill through its digital regulatory platform, which aims to fast-track the reach of fintech products to market. This next stage of growth comes against the backdrop of a recent $4 million seed funding from several investors. “We

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TechCrunch

DECEMBER 4, 2020

The company also just closed on $14 million in funding to expand its business across Africa. One is access to markets , which alone is a huge source of food waste, and the other is food security because of a lack of stable growing conditions exacerbated by climate change. We’re growing to be the largest solar company for Africa.”

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TechCrunch

JULY 19, 2022

One, aligning with Visa as a partner gives you a bunch of benefits, launching products faster, marketing support and product support; and two, in addition to the investment, Visa Fintech Fast Track enables you to access these incentives in a streamlined way,” CEO Ahmed Ismail told TechCrunch in an interview. Our product is live in Sudan.

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TechCrunch

MAY 25, 2022

In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia. The Series A round will see JABU deepen its presence in Southern Africa and expand to new markets like Botswana and Eswatini later this year. Many businesses like ours are taking money out of the market.

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TechCrunch

APRIL 18, 2022

public markets this May , and has promised to not list anywhere else in the interim. Finally, it seems that some private-market investors are not stoked about poison pills, a defensive setup by public companies to prevent a hostile takeover. We are sitting on the precipice of a very busy few weeks, so let’s get right to work!

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Connection Cafe

SEPTEMBER 15, 2016

The field is evolving at a rapid pace, creating a lot of opportunity for creativity in structuring the market. Our friend at Hewlett Foundation ( @Hewlett_Found ), Margot Fahnestock, pointed out the cultural difficulties with setting up an effective women’s reproductive health system in Zambia.

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Bloomerang

NOVEMBER 5, 2021

So that leaves about 20% of the funding pool to organizations like you. Where they’re like, “No, I want my funds designated for this very specific thing, and you have to do it?” Steven: Donor is saying I don’t really care where the funds go, you know, you pick. Plus, it’s super competitive.

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TechCrunch

AUGUST 31, 2021

“This is the largest batch we have ever funded and it’s about 50% international. Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. Union54 (Zambia). Amenli (Egypt). Africa has the lowest insurance penetrations globally.

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TechCrunch

JUNE 29, 2022

By the end of the one-year venture building program, the startups should have launched a product, onboarded, and had repeat customers, have a defined revenue model, and have raised or are in the process of closing seed funding. “We This means we are focusing on innovations that are applicable across all markets. Africa-wide Growth.

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TechCrunch

FEBRUARY 21, 2022

million in seed funding. Experts say Africa is poised to be disrupted by web3 in a similar fashion that has seen Southeast Asia become one of the best markets for web3. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets. Nigeria-based Nestcoin , for instance, raised $6.4

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