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For tech to develop in emerging economies, the first obstacle is trust

The Next Web

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.

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Senegal’s logistics tech startup Chargel raises $2.5M seed funding

TechCrunch

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

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professionals

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

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.

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Zola Electric closes $90M funding round to scale technology and enter new markets

TechCrunch

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.

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Happy Tweetsgiving!

Beth's Blog: How Nonprofits Can Use Social Media

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.

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Guest Post on Tactical Philanthropy: Causes, MySpace and ideablob

Amy Sample Ward

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.

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Stax gets $2.2M for its app that lets Africans make transactions via automated USSD codes

TechCrunch

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.

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