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industry in Tanzania. Riding the wave of global awareness for the need to stay competitive, Tanzania has taken some positive steps forwards, including government investments in a fibreoptic backbone as well as strategic initiatives around promoting start-ups.
Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline. The funding also includes $750,000 it announced last year. seed funding by Annie Njanja originally published on TechCrunch Its exploration of new growth avenues is backed by a $2.5
to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. and the E.U., and the U.K.
Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. When Zola Electric was launched in 2011 by Erica Mackey, Xavier Helgesen and Joshua Pierce, the company provided solar home solutions to off-grid rural communities in Tanzania.
This year they hope to spread gratitude further and raise enough to help build an additional classroom, orphanage/boarding facility, cafeteria and library at Epic Change’s partner school in Tanzania, and to finding and funding future Epic Fellows like the school’s founder, Mama Lucy. Be sure to check out the Twitterkids.
There are many who approach the online landscape with very different views than their offline business decisions. I can’t speak for others working in the “innovation sector,&# but at NetSquared we can’t emphasize enough that our Community is what drives us – whether’s it’s online or offline.
Stax , a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised a $2.2 And so what we’re doing is building for them, because despite having a smartphone, they want to be offline. million seed extension round. Enter Stax. Nigeria and Kenya.
Helping the women receiving the funds. Instead of saying in the middle of the campaign “we need $X”, they share an interview with one of the beneficiaries, or invite people to connect directly via twitter with children in Tanzania who attend the school funded through the campaign. What is it about? And that’s hard to ignore.
What I didn't realize about Dining for Women, is that they research and choose the organization that will be receiving the funds from that month's gatherings so that all of the Dining for Women groups meeting across the country are donating to the same thing. This month's organization was the Village Enterprise Fund.
The service has 17 million users and is transforming the way wealth is distributed in poor countries, which now include Tanzania, India, and Afghanistan as well as Kenya. ” Also have a look at our webinar recording and other resources: The Wisdom of the Crowd(funding). Find the Teespring discount offer on TechSoup.org.
million in seed funding. Since the start of this year, Jambo has already signed up over 12,000 students across 15 countries (Morocco, Nigeria, Ethiopia, Equatorial Guinea, Uganda, Kenya, Congo, Uganda, Rwanda, DR Congo, Tanzania, Zambia, Namibia, Madagascar and South Africa) to take a curated web3 curriculum, both online and offline.
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