TechCrunch

DECEMBER 5, 2021

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja — its retailer ‘super app’ that makes it possible for informal merchants to order and pay for inventory digitally, accept payments for utility bills, and access financing for their businesses.

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TechCrunch

MARCH 28, 2023

Fez Delivery , a Lagos-based last-mile logistics startup with hubs across Nigeria, has raised $1 million led by pan-African investor Ventures Platform with participation from Voltron Capital, Acasia Ventures and other angel investors. On the other hand, the startup offers APIs and dashboards to its business clients.

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TechCrunch

JANUARY 10, 2023

The market for cross-border logistics services is said to hit revenues of $32 billion by 2025, with several companies vying for market share in the ever-growing competitive industry. The round is coming about 18 months after the Tema-based cross-border logistics platform announced a $3 million seed round (including $1 million in debt).

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TechCrunch

DECEMBER 19, 2021

MAX ) is planning to enter more markets across Africa as it races towards formalizing the continent’s transportation sector after securing $31 million in Series B funding. The latest funding round that was led by global private equity platform, Lightrock, which is making its first investment in the African mobility space.

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TechCrunch

NOVEMBER 15, 2021

Africa Health Holdings , a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria. Valiant Capital, Kepple Ventures and SUNU Capital. Valiant Capital, Kepple Ventures and SUNU Capital.

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TechCrunch

MAY 4, 2022

And in trying to sweet-talk investors, what’s not taken into context or often disregarded is that Africa is a fragmented $3 trillion market. Trade has the least startup activity in a market that received $5 billion in VC funding last year. The continent is also home to more than 1.2 “From telling us to set up takes days.

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TechCrunch

MARCH 23, 2021

During his time at Accra in 2016, he met Quao, a trained pharmacist in Ghana at a hackathon whereupon talking found out that their interests in medical testing overlapped. Beattie says to TechCrunch that while he saw many exciting new tests in development in the US, he didn’t see the same in Ghana.

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TechCrunch

JANUARY 25, 2022

“And putting those two things together, we’ve been able to create a platform tailored to the realities of today. But also really pushing towards what’s possible for business owners in Ghana and Nigeria, who has a smartphone in their pocket.”. OZÉ boasts of a client base of more than 125,000 business owners in Ghana and Nigeria.

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TechCrunch

JUNE 22, 2022

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. One way Adeseun reckons that might happen is if B2B e-commerce platforms in retail take an interest in pharmaceutical and health-based products.

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TechCrunch

FEBRUARY 10, 2023

Fashion items are among the most — if not the most — sought after on many e-commerce platforms. The luxury goods market in Africa and the Middle East was worth over $35 billion in 2019, with designer apparel and footwear generating more than $7 billion in retail alone. to shop for and ship luxury items to them.

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TechCrunch

MAY 19, 2022

After completing his MBA program, he got to work on a three-month aquacultural project in Ghana, which ultimately led to a three-year role where he became CFO of an Accra-based farm. “I They raised an angel round to start Victory Farms before launching in mid-2016 to serve a market with about a $1.5 billion fish deficit.

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TechCrunch

FEBRUARY 1, 2022

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Africa’s cryptocurrency market grew by 1,200% to $105.6 With Bundle incubated within the ecosystem of the largest crypto exchange platform, Bademosi had lofty ambitions for the company.

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TechCrunch

SEPTEMBER 26, 2022

The YC-backed food procurement platform has doubled down on the pivot — instrumental to the company’s $3.2 Its platform, described as a series of stacks, is designed to mitigate losses and help food businesses thrive. Since businesses don’t have access to accurate data, they usually buy what they don’t need.

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TechCrunch

NOVEMBER 1, 2021

Chipper Cash , an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried’s cryptocurrency exchange platform FTX. Its services are used across seven African countries — Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya. In May, it expanded to the U.K.,

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TechCrunch

APRIL 13, 2022

As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. We’ve covered a host of these platforms in the past. million to date.

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TechCrunch

AUGUST 31, 2021

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. Amenli, founded by Shady El Tohfa and Adham Nauman in 2020, is addressing an untapped $2 billion market, being the first licensed online insurance broker in the country. Amenli (Egypt).

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TechCrunch

OCTOBER 11, 2021

market to theirs — thrives on the notion that access to a financial ecosystem via open APIs will improve access to financial information and lower entry costs for the underbanked. . Mono has delivered on only Ghana, for now, piloting with a few banks and fintechs such as Oze and Tranzo. company if it decides to expand.

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TechCrunch

AUGUST 5, 2021

Its business model revolved around providing a support vessel booking platform that matched vessel chartering requests made by operators with available Offshore Support Vessels (OSVs). . What followed was the launch of MVXtransit, a digital freight booking platform, helping cargo owners find deals on moving containers across Nigeria.

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TechCrunch

NOVEMBER 25, 2021

Nigeria’s Rensource raises $20M to power African markets by solar. Sabi is an attempt at platforming the informal sector and African trade via various online and offline channels. But it provides visibility into these assets across the entire value chain from the demand and supply side and controls on a single platform.

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TechCrunch

OCTOBER 26, 2021

The deal closed almost a year after Autochek bought Cheki Ghana and Cheki Nigeria to start its business. . The expansion takes the number of African markets in which Autochek is present to five. The expansion takes the number of African markets in which Autochek is present to five. for car sales and service platform.

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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. The company is led by CEO Nikolai Barnwell , betPawa’s former head of New Markets, Africa. This huge market is why mobile money is prevalent across the continent.

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TechCrunch

MARCH 2, 2022

It is this missing connection that Emtech , a central bank digital infrastructure provider, is looking to fill through its digital regulatory platform, which aims to fast-track the reach of fintech products to market. Emtech has now moved into production following the successful pilot in Ghana last year.

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TechCrunch

NOVEMBER 1, 2021

The continent’s retail markets are highly fragmented and mostly made up of small and informal retailers and intermediaries, which is why a ton of tomatoes that costs around $100 in the U.S., After that, Twiga will look at other markets — Cote d’Ivoire, DRC Congo, Ghana and Nigeria.

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TechCrunch

FEBRUARY 3, 2022

Further checks in Crunchbase and Tracxn--platforms that track funding rounds in startups and private companies globally–reveal that the company closed the round in August 2021. It provides merchants via its PalmPartner app with online payment and offline POS acquiring services and plans to introduce digital marketing services soon.

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TechCrunch

FEBRUARY 11, 2021

Over the past three years, some platforms have looked to solve this problem. One such platform is Pngme. based unified financial data platform announced its seed round of $3 million. It further reflects the continued customer growth from banks, fintechs, credit bureaus and microfinance banks in Ghana, Kenya and Nigeria.

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TechCrunch

SEPTEMBER 27, 2022

The funding comes at a time when Farmerline, which has operations across Ghana, is setting up shop in Ivory Coast as it continues its expansion across West Africa. The logistics network also supports farmers to quickly access markets for better incomes and to reduce post-harvest losses and waste. million , including $6.4 debt funding.

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TechCrunch

AUGUST 5, 2022

Its AI-enabled grid management platform, Adora, solves one of two fundamental problems power distribution companies face in Africa. The other problem is data-focused, tackled by the company’s proprietary platform called Customer and Asset Information Management system (CAIMs). Bim Adisa (CEO).

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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. billion to more than 18 million customers across these markets, granting up to 120 million individual loans.

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TechCrunch

JUNE 9, 2021

Since leaving the university in 2014, he has co-founded several tech startups but made his mark globally with OMG Digital, a startup with offices in Ghana and Nigeria that wanted to become the “ BuzzFeed of Africa.” You can think of Float as a really well-built cash management platform. Ghansah is a serial entrepreneur.

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TechCrunch

JANUARY 28, 2021

Lami is an insurance platform and API that enables more individuals and businesses to access insurance coverage. Jetstream allows businesses to export goods across borders and access trade financing in Nigeria and Ghana. Here are the startups in the 8th cohort. For example, founders in our previous cohort were all male.

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TechCrunch

JANUARY 5, 2022

mPharma plans to grow its community ( Mutti ) pharmacies across eight markets in Africa to be the first point of care for patients. It is also rolling out an e-commerce platform for pharmaceuticals. “We We are hiring over 100 engineers to build all our technology in-house and this includes a massive data infrastructure we are creating.

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TechCrunch

FEBRUARY 1, 2022

But since the unicorn changed its business model to a pure marketplace focusing on senior developers, other platforms such as AltSchool Africa are trying to fill one of the gaps it left: training people to become junior to mid-level engineers. Andela has been pivotal to placing the continent’s tech talent globally.

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TechCrunch

FEBRUARY 17, 2022

Participating investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade. Earnipay founder and CEO Nonso Onwuzulike tried this while running Reaval, a Ghana-based recycling business he started on the side in 2019.

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TechNode

JANUARY 21, 2025

Details: Honor CEO Zhao Ming recently announced his departure from the Huawei spin-off on Chinese social platform Weibo as the company prepares for its upcoming IPO, having served for a decade. Context: In 2024, Honor ranked fifth in smartphone shipments in mainland China, with a 15% market share and 42.2

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TechCrunch

NOVEMBER 22, 2022

Leta , a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations in its existing five markets. Our product has stabilized and we have a very good understanding of our sales process and our go-to-market strategy.

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TechCrunch

OCTOBER 12, 2022

Pillow aspires to be an all-in-one platform that helps even newbie users save, spend and invest in crypto currency. Founded in 2021 by Arindam Roy, Rajath KM and Kartik Mishra, Pillow is focused on emerging markets like Africa and Southeast Asia. It also recently expanded into Nigeria, Ghana and Vietnam, among other markets.

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TechCrunch

JANUARY 28, 2022

Bolt , the Estonian mobility tech company that recently closed a huge round , is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent. Image Credits: Bolt.

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