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When word reached Senegal of the COVID-19 pandemic spreading across the globe, health practitioners in the country immediately thought back to what happened during the Ebola crisis of 2014.”There While COVID-19 certainly sped up the process for Senegal integrating its approach to health-system data, the idea was already in the works.
We realized that there were so many inefficiencies, and that the logistics sector in Senegal was so fragmented, but we felt that technology could help. In its next phase of growth, it is opening up its platform to more clients, as it had limited access to 10 companies. The funding also includes $750,000 it announced last year.
Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries.
PAPS , a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics services. Participating investors include existing funds Uma Ventures and Saviu Ventures and new investors Yamaha Motor, LoftyInc Capital, Proparco, Google Ventures, To.org, Kepple Ventures and Enza Capital.
When word reached Senegal of the COVID-19 pandemic spreading across the globe, health practitioners in the country immediately thought back to what happened during the Ebola crisis of 2014.”There While COVID-19 certainly sped up the process for Senegal integrating its approach to health-system data, the idea was already in the works.
It has been a hot sector for investors, and today’s news shows they aren’t slowing down in backing these startups just yet as Sokowatch , one of the major players in the space, announced that it has raised $125 million in Series B funding. However, the recent entry into Ivory Coast and Senegal somewhat forced its hand.
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.
million in seed funding. Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it signifies two particular markers for the pair. CinetPay , a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4
Fifteen accelerators from key tech hubs, including Uganda, Egypt, Ghana, South Africa, Senegal, Nigeria, Ivory Coast, Kenya, Rwanda, and Tanzania will participate in the program. Accelerators provide all-round support to early-stage startups, including helping them find product-market fit, funding and access to investors.
Adanian Labs targets idea-phase tech startups, offering them all-round support including capital, advisory and operational backing; building them from the ground up. The venture studio is planning on building a fund that will target startups in the growth stage. “We It makes equity investment of up to $120,000 in these startups.
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