This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Bookshare International Library We’re always thinking about new ways in which Benetech could go deeper and help many more people. We’re making securing new funding for Bookshare’s international expansion a top priority! We have built Bookshare International upon three principles. My next two blog posts will be on this topic.
The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. Rounding up the top five was Ghana with $111 million, displacing Rwanda which was fifth in Partech’s 2019 list. million; Nigeria followed with $150.4
Why it matters: These departures have raised questions about Honor’s stability and decision-making capabilities, suggesting potential challenges or strategic shifts that could disrupt operations and hint at deeper internal issues. Li Jian joined Huawei in 2001 and became a member of the board of supervisors in 2017.
In 2020, Yusuf toyed with the idea of building a physical campus where he and his team would train software engineers to get international opportunities. It’s a one-year program where students take classes for nine months (three semesters) followed by a three-month internship at local tech companies to gain experience.
But two months into 2020, the pandemic did an excellent job of lowering expectations as investment activities from local and international investors slowed down. International investors participated from pre-seed to Series E stages. A handful of local acquisitions and a monumental exit. It wasn’t a bad year, though.
The fintech’s new growth strategy follows its plan to power its embedded finance offering beyond its current markets, including Uganda and Ghana, to bridge the financing gap affecting millions of micro, small medium-sized enterprises (MSMEs) across these markets. Image Credits: Pezesha.
NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. But in 2020, NALA started testing international money transfers after some users expressed interest in moving money from the U.K. and the E.U.,
African merchants encounter many challenges when it comes to international shipping ranging from logistics and customs to hidden and excessive charges. “The world was shutting down, but there was this high demand for stuff and demand for international shipping was going up simultaneously.
Within this timeline, he interned at several companies in Palo Alto, California. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. Yahya Bouhlel started coding in his early teens. Most of his work revolved around building apps and iPhone games.
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.
Analysts say the value of e-commerce in Africa is expected to reach $29 billion next year, yet Africans still find it difficult to make international payments for products online. Klasha Checkout, which works a lot like Checkout , allows international merchants to collect payments from Africa in local currencies.
PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. He also sits on the board of 88mph. African startups join global funding boom as fintech shines. Typically , they would be required to use a bank account or card. .” ” Image Credits: PawaPay.
Ecosystems outside the top four include countries like Ghana, Uganda, Tanzania, Morocco and Tunisia. Outside the top four countries, startups from Ghana, Algeria, Tunisia and Senegal raised the most equity funding. Though at the same time, it can open up opportunities for local funds to earn ground and enter better deals,” he added.
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. 500 Global’s take on the rising competition among startup accelerators.
The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. Lagos and San Francisco-based Klasha has received an additional $2.1 million seed round.
org is an international movement of people working to end the age of fossil fuels and build a world of community-led renewable energy for all. org’s Climate Justice Action map , which connects people with local groups and other activists. org’s Climate Justice Action map , which connects people with local groups and other activists.
It is the startup’s first institutional investment following seven internal angel rounds from the same set of equity–and debt investors (it raised $40 million in debt last year). This funding will allow the Kenyan-based company to expand its business into Rwanda, DRC and Tanzania. Joseph Rehmann founded Victory Farms in 2015.
When Andela launched in 2014, it built hubs in Nigeria, Kenya, Rwanda and Uganda to source, vet and train engineers to be part of remote teams for international companies. It also tested satellite models in Egypt and Ghana as substitutes to physical hubs. We did that and it’s been an amazing experiment,” Johnson added.
Kuda claims to have up to 5 million users, more than thrice the number it had last August during its $55 million Series B round , money it raised to enter into other African countries like Ghana and Uganda this year. In addition to remittance, Kuda intends to provide direct debits and local transfers to Nigerians in the U.K.
These startups, mainly from Ghana, Kenya, Nigeria and South Africa, have collectively raised more than $7 million during and after the program. But though fintech has caught on well with both local and international investors, the same cannot be said for health tech and agritech. billion raised by African startups. .”
Freedom Fone in Tanzania and Ghana. Freedom Fone was introduced at two radio stations: Radio Maria in Dar es Salaam, Tanzania, and Volta Star radio in the Volta region of Ghana. Making radio more accessible in Ghana. In Tanzania, Sullivan bought a second-hand computer locally to host the Freedom Fone software.
In addition to trading on the platform, these customers used FTX to convert their local currencies to dollars and gain yield on savings. However, following the events of the past two weeks that brought about FTX’s tumble, many of them, including local celebrities signed as brand ambassadors, have been left bemoaning their decision.
Promises include : beU delivery says it offers a “great selection of local restaurants and door-to-door food delivery” that allows customers to have their favorite food from the “comfort of their homes or offices.” Team size : 300. Location : Addis Ababa, Ethiopia. Bloom’s offering allows Sudanese to save in U.S.
In case you missed it, last week was the second annual International Grantmaking Symposium (IGS) , presented by CAF America in partnership with UNDP. CAF America launched the IGS last year around the shared belief that international philanthropy can, and should be, a powerful force in our effort to address the world’s most pressing issues.
When I sat down to talk with the co-Directors, Melinda Kramer and Amira Diamond, in early March, they had literally just returned from the West African Woman and Water Training in Ghana. You both just came back from the 2010 West African Women and Water Training in Ghana. What was that? What were some of the highlights?
I've now documented women's lives in 40 countries, over the past 10 or 12 years, and everywhere I went, I found women who were helping each other, local women. They are doing something that I like very much, which is to start seeding local and regional funds so that grassroots women can help each other locally.
and Nigeria-based company, which has built a distributed remote team across Nigeria, Ghana and Kenya, says it’s working to democratize Africa’s highly fragmented payment system by leveraging blockchain-based solutions. Chief executive officer Ruth Iselema founded the Africa-focused blockchain payments startup in 2019. CEO Ruth Iselema.
Klasha is a technology company that allows international merchants such as H&M or Zara to receive payments online in local African currencies and money methods. We all know that the startup world, locally and globally, is a male-dominated one and when it comes to raising money, there tends to be some bias.
Using the switchs internal crystal oscillator, Cisco engineers retooled the device so it could maintain accurate time synchronization even in the absence of GPS signals. Beyond SAF, Delta and Airbus are exploring hydrogen-powered aviation, including feasibility studies at Hartsfield-Jackson Atlanta International Airport. The answer?
based company to stop processing locals’ data. The local radio, TV and internet awareness campaign has a slightly more generous timeline of May 15 to be actioned.) The DPA has given OpenAI a deadline — of April 30 — to get the regulator’s compliance demands done. How does ChatGPT handle data privacy?
I think what makes us unique is that we are really investing in women's leadership and women's creativity in developing local solutions to some of the world's most challenging problems. My favorite scene from the movie is these women, all ages, all sizes, going to surround the peace talks in Ghana, which were essentially going nowhere.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content