TechCrunch

JULY 25, 2022

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. We align ourselves with a lot of the ESGs.”.

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TechCrunch

FEBRUARY 13, 2023

The Off-Grid Energy Access Fund (FEI-OGEF), Cordaid, and Qotto’s existing investors also participated in the round. Cleantech Qotto embarks on growth plan backed by $8M funding by Annie Njanja originally published on TechCrunch

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TechCrunch

APRIL 20, 2023

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 million seed round led by Logos Ventures. This year we are opening up the platform to more shippers in Senegal.

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Amy Sample Ward

NOVEMBER 3, 2009

Avi is just back from Tanzania where he and other Epic Change team members were working with the students in the classroom built with last year’s TweetsGiving proceeds. Where do the funds go? We just spent three weeks at Shepherd’s Junior near Arusha, Tanzania setting up a technology lab and wireless internet at the school.

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Amy Sample Ward

NOVEMBER 3, 2009

Avi is just back from Tanzania where he and other Epic Change team members were working with the students in the classroom built with last year’s TweetsGiving proceeds. Where do the funds go? We just spent three weeks at Shepherd’s Junior near Arusha, Tanzania setting up a technology lab and wireless internet at the school.

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The Next Web

OCTOBER 15, 2012

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. Paul Bragiel, founder of I/O Ventures launched the Savannah Fund to invest in East african startups. Startups are aiming for a global, not local market.

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TechCrunch

FEBRUARY 14, 2023

In the latest development, Curacel , a Nigeria-based platform that aims to drive insurance penetration in emerging markets via APIs enabling insurers to connect with digital distribution channels and administer their claims, has raised $3 million in seed funding. The distribution business is essentially its embedded insurance product Grow.

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TechCrunch

SEPTEMBER 23, 2021

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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TechCrunch

MARCH 1, 2022

Previous backers such as the CDC Group and LGT Lightrock took part in this round alongside LocalGlobe’s Latitude Fund and HEPCO Capital Management. M-KOPA started with solar-power home systems targeted at lower-income and rural customers without electricity in Kenya, Tanzania and Uganda.

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Amy Sample Ward

MAY 3, 2011

This year, TMWL is raising funds that will support the work of 4 passionate women who truly believe that everyone has something to give: “ Mama Lucy &# Kamptoni sold chickens in her Tanzanian village & turned her income into a primary school that now serves over 400 children.

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TechCrunch

NOVEMBER 1, 2021

This funding comes after the company’s $30 million Series B round — $23.75 The funding will be used to test the concept out. Twiga also plans to use part of the funding to roll out low-cost manufactured food and non-food products under its brand before the end of the year. million equity and $6.25

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TechCrunch

MAY 19, 2022

Victory Farms , an aquaculture startup and farm for tilapia fish comprising hatcheries, nursery ponds and deep-water cages, has raised $5 million in new funding. This funding will allow the Kenyan-based company to expand its business into Rwanda, DRC and Tanzania. Joseph Rehmann founded Victory Farms in 2015.

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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

JANUARY 27, 2022

to East African countries (Kenya, Uganda and Tanzania), thus ushering the Tanzanian fintech into the remittance business. to Tanzania, Kenya, Uganda, Rwanda and Ghana. We’re scaling that up, not just being in Tanzania and Kenya and Uganda as a consumer-facing product. Whether that’ll happen remains to be seen. and the E.U.,

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TechCrunch

MARCH 20, 2023

Last May, Credable launched officially with two products: a 30-day term loan product in partnership with Vodacom M-Pesa in Tanzania and a short-term lending product for Diamond Trust Bank in Kenya. So far, over 1.2

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TechCrunch

MAY 4, 2022

Trade has the least startup activity in a market that received $5 billion in VC funding last year. “Providing a framework where people can operate and scale their solutions to several markets at once is incredibly important,” said Onayemi, who also co-founded Future Africa, an Africa-focused VC fund.

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TechCrunch

JANUARY 24, 2021

This new Series A round was led by Silicon Valley VC Xplorer Capital, as well as German growth fund Futury Regio Growth. with plans for an American facility, both for flight testing to satisfy FAA requirements for operational certification, as well as eventually for U.S.

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TechCrunch

MARCH 7, 2022

The round, which comes after a $500,000 pre-seed, continues a list of fintech deals amid a wave of innovation rippling through the sector, which accounted for up to 60% of Africa’s total VC funding last year. African tech took center stage in 2021.

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Beth's Blog: How Nonprofits Can Use Social Media

AUGUST 4, 2014

Perhaps that explains the appeal of community Giving Days or participating in global giving days like GivingTuesday. We are starting to see a rise of crowd funding projects done by and for kids, perhaps as part of the trend of “ PhilanthroTeens ” or “PhilanthroKids.” Raising Money To Fight Food Insecurity.

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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.

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TechCrunch

JANUARY 26, 2022

The startup, currently with operations in Nigeria, Tanzania and India (Uttar Pradesh and Bihar), has set an ambitious goal of installing at least 5,000 mini-grids by 2030 and in the process make 1 million connections – half of which will be micro, small and medium-sized enterprises.

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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. The company was founded by Ahmed Ismail , Youcef Oudjidane , Khalid Keenan and Abdigani Diriye in late 2021.

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TechCrunch

APRIL 16, 2021

In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. . In March of 2021, the company had $120,000 in MRR.

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TechCrunch

NOVEMBER 22, 2022

In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems.

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Beth's Blog: How Nonprofits Can Use Social Media

NOVEMBER 24, 2009

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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TechCrunch

AUGUST 11, 2022

In an email sent from Marketforce CEO Tesh Mbaabu and obtained by TechCrunch, the layoffs were a part of a reorganization strategy in Kenya, one of its five markets which include Nigeria, Rwanda, Uganda and Tanzania. . Mbaabu confirmed the news on a call with TechCrunch, adding that the company let go of 54 people.

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TechCrunch

JANUARY 18, 2022

Finclusion’s debt financing, which makes up the larger share of the overall round, was provided by local currency funds in Eswatini and South Africa. The fintech intends to grow existing operations in South Africa, Eswatini, Kenya, Namibia and Tanzania and expand into Mozambique and Uganda.

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TechCrunch

NOVEMBER 22, 2021

funded Financial Sector Deepening (FSD) Africa. The organization is working with eight insurance regulators including those of Ghana, Malawi, Nigeria, Rwanda and Tanzania to build an environment that bolsters insurtech innovation across the continent. “It

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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

DECEMBER 5, 2021

The startup has today announced entry of RejaReja, the B2B retail marketplace, into Ethiopia, Ghana, Tanzania, Rwanda and Uganda, after successful pilot programs, coming about two months after it grew beyond Kenya by launching in Nigeria. MarketForce recently raised $2 million in seed funding.

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TechCrunch

MAY 14, 2023

million seed funding it has raised in a round led by Atlantica Ventures, with participation from Vested World, Jaza Rift and Katapult. million equity funding, and $275K grants from various entities such as the Google Black Founders Fund, Africa Business Heroes by Jack Ma Foundation, FbStart, and Lafiya Innovators by Impact Hub.

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TechCrunch

MAY 18, 2021

Thunes’ last funding announcement was in September 2020 a $60 million Series B led by Helios Investment Partners. For example, Helios focuses on African companies and Thunes used part of its funding from the firm to build teams in Kenya, Tanzania, Zimbabwe and Ethiopia. Other investors include GGV Capital and Checkout.com.

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TechCrunch

MAY 4, 2022

million in pre-seed funding. ” Before starting Pngme, an open finance startup that has raised over $18 million in VC funding, Playford actively worked in the blockchain and crypto space for almost a decade. ” What’s next for Masa is to raise a seed round, it said in a statement.

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TechCrunch

DECEMBER 8, 2021

In its next phase of expansion, Bento is eyeing Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia by the end of next year. Workpay, a Y Combinator startup, is among the 50 enterprises in Africa that received equity-free funding and support from Google.

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TechCrunch

NOVEMBER 1, 2021

The company’s total Series C stands at $250 million but its total funding to date is over $305 million. Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. shows the growth opportunity for Chipper Cash and the funding from FTX only makes it more glaring. .

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TechCrunch

AUGUST 29, 2022

In the latest development, Grey , a fintech in this category that provides virtual international bank accounts to African freelancers and remote workers, is announcing that it has raised $2 million in seed funding. Startups offering similar services include the likes of Techstars-backed PayDay.

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TechCrunch

JUNE 7, 2022

KlashaCheckout allows merchants outside Africa to collect payments from six countries on the continent — Nigeria, Zambia, Tanzania, Uganda, South Africa and Kenya — and get paid in G20 currencies like dollars, pounds or euros. Klasha has a suite of business- and consumer-facing products connected via one API.

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