TechCrunch

JANUARY 25, 2021

Microtraction , an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio. In a review of the year published last week, the firm noted that 21 companies in its portfolio have raised more than $33 million in funding. But it’s completely different in Africa.

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Beth's Blog: How Nonprofits Can Use Social Media

JULY 9, 2009

ChildFund International just rebranded from the Christian Children’s Fund last week as an effort to demonstrate a singular commitment to children’s welfare today and tomorrow (image: Faith Smiling by ChildFund, NZ ). These efforts will directly benefit children in Gambia, Zambia, Kenya and Ethiopia. A goat for a family farm in Zambia.

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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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Beneblog: Technology Meets Society

DECEMBER 16, 2014

We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. The Challenge ran for six weeks through December 5th. We did very well, and with the Skoll Foundation’s matching support, each gift to our campaign more than doubled its impact.

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TechCrunch

JUNE 8, 2022

Other investors in the round include Slack Fund and Cleveland Avenue , with Mike Gamson , Sterling Road , and Concrete Rose Capital as repeat investors. With the new funding, Five to Nine plans to expand its engineering teams, create new products, and increase hiring. “What we’re doing is super needed in the market.”

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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

JUNE 8, 2022

Other investors in the round include Slack Fund and Cleveland Avenue , with Mike Gamson , Sterling Road and Concrete Rose Capital as repeat investors. With the new funding, Five to Nine plans to expand its engineering teams, create new products and increase hiring. “What we’re doing is super needed in the market.”

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TechCrunch

JANUARY 6, 2022

Akinin launched a startup to offer digital mortgages but pivoted to a construction company with a presence in Namibia, Zambia and Cameroon. He would later make a series of visits to top African cities like Johannesburg, Lagos and Addis Ababa, but it was in Windhoek that he found the spark to try something new.

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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 8, 2021

The Impact Rooms team is currently spread across the world with some of its experts in Kenya , Zambia, Ghana, South Africa, Puerto Rico, Australia, US, UK and Switzerland. The startup is planning to establish Smart Fund, an investor-matching program that uses algorithms to pick the best opportunities for funders.

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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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TechCrunch

NOVEMBER 8, 2021

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. So far, JUMO has served loans worth over $3.5

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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.

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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.

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TechCrunch

NOVEMBER 10, 2021

Private equity fund AfricInvest FIVE co-led the Series C round with existing investors Goodwell Investments and LUN Partners Group. New investors CommerzVentures, Allan Gray Ventures, Endeavor Catalyst and Endeavor Harvest also joined the round , while ShoreCap III returned as an existing investor with other funds.

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TechCrunch

OCTOBER 11, 2021

Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.

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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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TechCrunch

OCTOBER 26, 2021

mPharma disclosed to TechCrunch that it has acquired a 55 percent stake previously held by the Abraaj Group, a private equity firm that collapsed after investors, including the Bill and Melinda Gates Foundation, sounded an alarm over the administration of its $1 billion healthcare fund. s development finance institution, last year.

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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.

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TechCrunch

MARCH 2, 2022

This next stage of growth comes against the backdrop of a recent $4 million seed funding from several investors. “We Already, CBDCs are taking off in Africa, with Zambia and Kenya being the latest countries to test their viability. Emtech has now moved into production following the successful pilot in Ghana last year.

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TechCrunch

JULY 19, 2022

As highlighted this March and reiterated in the interview, Bloom’s founders say this seed round will help the Sudanese- and Dubai-based startup execute its expansion plan across the Anglo-East African region such as Ethiopia, Kenya, Rwanda, Tanzania and Zambia. A few competitors in the region include YC-backed Fingo, Koa and Finclusion.

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TechCrunch

DECEMBER 14, 2021

Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration.

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TechCrunch

MAY 25, 2022

In January, the company had over 6,000 merchants using its platform across Namibia, South Africa and Zambia. With JABU, merchants can order, stock and pay for their products via Jwallet and expect same-day delivery, the YC-backed company said. CEO David Akinin said that number has increased by 50%.

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TechCrunch

JUNE 22, 2022

The financing was led by the Steele Foundation for Hope , a nonprofit organization that says it’s focused on finding and funding lasting solutions for some of “humanity’s hardest challenges.”. They receive financial help and support from external partners and organizations like the Global Fund, USAID and Gavi, the Vaccine Alliance.

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Saleforce Nonprofit

DECEMBER 1, 2022

Governments were slowly waking up to the emergency, creating organizations like the Global Fund, one of the largest global health partnerships on the planet, but companies were still fast asleep. In 2006, (RED) was launched by Bono and Bobby Shriver to drive private sector funding to the AIDS fight and generate much-needed awareness.

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TechCrunch

APRIL 18, 2022

Which makes me laugh, as dual-class shares that many VCs either back, or at least help fund amongst hot startups, are similar in that they are also designed to prevent changes of control. Finally, it seems that some private-market investors are not stoked about poison pills, a defensive setup by public companies to prevent a hostile takeover.

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Connection Cafe

SEPTEMBER 15, 2016

Our friend at Hewlett Foundation ( @Hewlett_Found ), Margot Fahnestock, pointed out the cultural difficulties with setting up an effective women’s reproductive health system in Zambia. How can the sector find out about projects in need of funding? Cultural traditions are preventing them from using the same methods in nearby countries.

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Have Fun - Do Good

JUNE 19, 2009

He ended up running for about 1,500 miles all the way to Zambia, arriving with nothing but the clothes on his back, about 90 pounds, and showing up at a refugee camp where he knew nobody. He showed so much leadership and promise that we ended up sponsoring him to a university through our FORGE education fund. He ran into Congo.

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Bloomerang

NOVEMBER 5, 2021

So that leaves about 20% of the funding pool to organizations like you. Where they’re like, “No, I want my funds designated for this very specific thing, and you have to do it?” Steven: Donor is saying I don’t really care where the funds go, you know, you pick. Plus, it’s super competitive.

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TechCrunch

AUGUST 31, 2021

“This is the largest batch we have ever funded and it’s about 50% international. Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. Union54 (Zambia). Amenli (Egypt). Africa has the lowest insurance penetrations globally.

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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

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Tableau

JUNE 13, 2021

Prior to the pandemic, PATH had received funding from the Bill and Melinda Gates Foundation to increase the strength and data capacity of Emergency Operations Centers —facilities that are activated in times of crisis to coordinate a response across a range of stakeholders.

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TechCrunch

FEBRUARY 21, 2022

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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Tableau

JUNE 13, 2021

Prior to the pandemic, PATH had received funding from the Bill and Melinda Gates Foundation to increase the strength and data capacity of Emergency Operations Centers —facilities that are activated in times of crisis to coordinate a response across a range of stakeholders.

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