TechCrunch

MARCH 16, 2022

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.

Global 94

Global Senegal Nigeria Rwanda 94

TechCrunch

FEBRUARY 8, 2022

Then, the disparities between venture funding studies were stunningly clear. . Partech Africa covers equity deals in tech and digital spaces and funding rounds higher than $200,000. billion in total estimated funding — $4.65 It’s more than a 250% increase from last year’s total funding of $1.3 billion to $1.5

South Africa 98

South Africa Africa Egypt Nigeria 98

TechCrunch

APRIL 28, 2023

While traditionally busy markets like North America and Europe benefited from the explosion in capital, other regions with more nascent startup scenes also saw big gains in their ability to attract funding. Chargel, based in Senegal, recently raised $2.5 Southeast Asia is a frequently noted example of the phenomenon.

Results 96

Results Global Africa Senegal 96

TechCrunch

FEBRUARY 11, 2021

To understand how much growth has occurred, African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019, according to Africa-focused fund Partech Africa. Investments did pick up, and from July, VC funding on the continent had a bullish run until December. billion and $1.8

South Africa 129

South Africa Raise Africa Ghana 129

TechCrunch

SEPTEMBER 12, 2022

It immediate plan involves attaining a dominant position in East Africa, and in Nigeria and Senegal, as it works towards being a powerful pan-African player. HotelPlus has built an impressive commercial organization, with skilled sales people, a high-performance reseller network covering more than a dozen countries across the continent.

Software 99

Software Companies Kenya Nigeria 99

TechCrunch

SEPTEMBER 21, 2022

It’s why Julaya launched its services in the west African country and has since expanded into Senegal, where mobile market penetration is around 80% as well as other countries in the UEMOA (West African Economic and Monetary Union) region, which also have prevalent mobile money usage. . Byld Ventures, a $15M fund, backs fintechs in Africa. “I

Africa 81

Africa Burkina Faso Business Senegal 81

TechCrunch

APRIL 26, 2023

The four-year-old digital verification upstart has received less than $500,000 in venture capital funding since its inception as well as $450,000 in grant money from DFS Lab through the Bill & Melinda Gates Foundation , Google’s launchpad studio accelerator , and others.) We have product depth in Nigeria already.

Service 145

Service Africa Nigeria South Africa 145

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.

Africa 144

Africa Raise Rwanda Nigeria 144

TechCrunch

MARCH 15, 2021

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Next , they request the funds via bank transfer, leading to more incurred costs or use other cross-border money platforms like WorldRemit.

Paypal 132

Paypal Collaboration Africa Nigeria 132

TechCrunch

DECEMBER 8, 2021

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

Burkina Faso 100

Burkina Faso Africa Togo Benin 100

TechCrunch

JUNE 9, 2022

AfricInvest, through its Cathay AfricInvest Innovation Fund (CAIF) and French-based development finance institution Proparco, co-led the early-growth round. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. This brings GOMYCODE’s total financing to $8.85

Africa 98

Africa Tunisia Saudi Arabia South Africa 98

TechCrunch

MARCH 2, 2022

And in a bid to continue providing affordable and accessible healthcare for its customers in Ivory Coast, Senegal and Cameroon, the Ivorian startup is being backed with $1 million in pre-seed funding. Susu intends to grow its team and introduce new features with its recent funding.

Africa 95

Africa Product Benin Cameroon 95

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. He also sits on the board of 88mph.

Africa 129

Africa Mobile Money Ghana 129

TechCrunch

JANUARY 21, 2022

Chapter54 will be funded to a tune of $5.7 and Senegal-based mobile money service provider, Tugende; a Ugandan mobility-tech company; and Trade Depot, a Nigeria and U.S.-based The accelerator will take in 10 technology scaleups annually over the next four years for the Chapter54 program, which will last up to eight months.

Africa 87

Africa Help Senegal Europe 87

TechCrunch

DECEMBER 4, 2020

The company also just closed on $14 million in funding to expand its business across Africa. It was at a time when a lot of development financiers were funding the nexus between agriculture and energy,” said Ibrahim. That timing is part of what has enabled SunCulture to succeed where other companies have stumbled.

Africa 89

Africa Kenya Time Senegal 89

TechCrunch

DECEMBER 20, 2021

In one development of that theme, today, Taptap Send — one of the startups building tools to manage these money transfers — is announcing $65 million in growth funding as it continues its mission to enable remittances specifically to the most overlooked countries.

Sri Lanka 94

Sri Lanka Marketing Cameroon Zambia 94

TechCrunch

OCTOBER 6, 2021

“The more we grow, the more we have funding. What lies ahead for Chari following this seed round is moving into Francophone Africa; Cameroon, Ivory Coast, Mauritania and Senegal top that list. We hope that this seed round will be one the first of a long series of noticeable seed funding in Moroccan startups.”

Morocco 100

Morocco Digital Tunisia Raise 100

TechCrunch

JANUARY 27, 2023

But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa.

Raise 99

Raise South Africa Africa Kenya 99

TechCrunch

NOVEMBER 3, 2022

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.

Africa 84

Africa Global Model Business 84

TechCrunch

APRIL 20, 2023

Startups and VC Three former managing directors at Amex Ventures went out on their own to start Vesey Ventures, and now they have closed on their debut fund with $78 million in capital commitments to back early-stage fintech startups. million in seed funding , Annie writes. Mary Ann has more on their journey. Catherine has more.

Management 98

Management Mobile Senegal Problem 98

TechCrunch

FEBRUARY 28, 2022

According to the accelerator, six new countries home to these companies are making their appearance for the first time : Algeria, Tunisia, Senegal, Chile, Brazil and Singapore. YC says 16% of the companies in its current list (44 out of 267) are based outside the U.S., compared to its first list, which included just seven non-U.S.

Companies 83

Companies India Algeria Africa 83

TechCrunch

SEPTEMBER 30, 2022

Let’s dig into some of the moonshots of the batch and end with some notes from Clayton Bryan , partner and head of 500 Global’s Accelerator Fund. Founded in 2020, the Nigeria-based startup claims to have distributed over 140,000 goods to retail customers in Nigeria, Ivory Coast and Senegal and fielded over 20,000 orders.

Nigeria 88

Nigeria Global Senegal Advice 88

TechCrunch

NOVEMBER 10, 2021

With a presence in six African countries — Nigeria, Ghana, Senegal, Liberia, Kenya and Uganda — Helium Health has signed more than 500 healthcare facilities. million in VC funding, has facilitated over 200,000 doctor appointments while enabling healthcare providers to generate approximately $130 million in billings.

Africa 99

Africa Qatar UAE Nigeria 99

TechCrunch

SEPTEMBER 7, 2022

Swizerland, India, Nigeria, Senegal and other geographies. There’s Anchor, a remote banking-as-a-service platform that has already raised over $1 million for its platform, Bridgecard , a card issuer for Nigeria, and erad , a non-dilutive funding platform for Middle East startups. just to name a few examples from the latest batch.

Place 92

Place Nigeria India United States 92

TechCrunch

NOVEMBER 21, 2022

Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. But because some people look a certain way or tick a certain box, they get all the funding, no governance, no reporting, and no accounting department.

Africa 95

Africa Process Nigeria Files 95

Candid

NOVEMBER 5, 2021

Launched in partnership with the Ford Foundation , which has committed $3 million in matching funds as part of its America's Cultural Treasures initiative , Southern Cultural Treasures is aimed at fostering lasting stability and resiliency among arts communities across the South.

Senegal 52

Senegal Classroom Ghana Uganda 52

Have Fun - Do Good

NOVEMBER 14, 2008

Today, the Los Angeles nanny funds a school in her native Malawi -- where half a million children have been orphaned by the disease." Viola Vaughn "A group of failing schoolchildren in Kaolack, Senegal, once asked Viola Vaughn to help them pass their classes. Maria Da Silva "Has lost 14 family members to AIDS.

El Paso 40

El Paso Ethiopia People Impact 40

Tableau

JUNE 13, 2021

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.

Senegal 102

Senegal Data Zambia Congo 102

TechCrunch

JULY 6, 2022

Already, Autochek has rolled out its operations in Ivory Coast and Senegal following the acquisition, with more markets set to be activated, including Benin and Togo, as the auto marketplace expands. Autochek expands to North Africa after acquiring Morocco’s Kifal Auto. The company, which in October last year raised $13.1

Africa 86

Africa Morocco Benin Togo 86

Tableau

JUNE 13, 2021

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.

Senegal 52

Senegal Data Zambia Congo 52

TechCrunch

OCTOBER 7, 2021

They are joined by Mercy Corps Ventures, Lateral Capital, LoftyInc Capital and NetX Fund. Two angel investors — Pascal Gauthier of Ledger and Jason Yanowitz of Blockworks — and a syndicate social fund also participated. CoinShares Ventures and Anthemis Group led the round.

Africa 145

Africa Cameroon Burkina Faso Service 145

TechCrunch

JANUARY 14, 2022

FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund ( EEGF ), which invests in early and growth-stage energy startups in sub-Saharan Africa. Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region. million mezzanine investment from the fund.

Africa 82

Africa Accessibility Fund Canada 82

TechCrunch

MAY 30, 2022

These challenges befall millions of micro-retailers across the continent, and Betastore , a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. million in pre-series A funding from 500 Global, VestedWorld, and Loyal VC. Betastore has to date raised $3 million in funding.

Africa 89

Africa Senegal Nigeria Challenge 89

TechCrunch

APRIL 12, 2021

Other countries with a presence include the Democratic Republic of Congo, Ghana, Gambia, Guinea, Tanzania and Senegal. But overall , the company says it has raised $15 million in equity funding. Appzone’s funding continues the fast-paced investment activities witnessed by Africa’s fintech space after a slow January.

Technology 145

Technology Nigeria Raise Africa 145

TechCrunch

DECEMBER 1, 2021

Costamagna, in a statement, said the funding will help Gozem increase the figure to over 200,000 before 2025. The company will use the Series A financing to expand into more Francophone African countries, including the Democratic Republic of the Congo, Senegal and Ivory Coast. Image Credits: Gozem.

Togo 99

Togo South Africa Service Africa 99

TechCrunch

AUGUST 18, 2022

million in seed funding. Nigeria-based growth equity fund Aruwa Capital Management led the round with participation from Acumen, Blue Earth Capital, All On, GSMA and other investors. Companies such as Koolboks are providing an alternative by creating a solution that can generate refrigeration without power. Koolboks has raised $3.5

Africa 97

Africa Burkina Faso Sierra Leone Nigeria 97

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 The venture studio is planning on building a fund that will target startups in the growth stage. “We

Africa 97

Africa South Africa Nigeria Kenya 97