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Bookshare without Borders: #1/3

Beneblog: Technology Meets Society

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.

Literacy 225
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How African startups raised investments in 2020

TechCrunch

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

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Honor faces major leadership reshuffle with three execs resigning in four days

TechNode

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.

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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

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.

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African tech took center stage in 2021

TechCrunch

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.

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

TechCrunch

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.

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Tanzanian fintech NALA raises $10M seed to build Revolut for Africa

TechCrunch

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.,

Africa 98