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The threat of COVID-19 has prompted many countries to draft new and emerging technologies to fight the pandemic, with the latest example taking flight in Ghana. Since then, the company has expanded its operations to Ghana in 2019 and the US in 2020, delivering medical supplies and PPE in North Carolina last May. Image: Zipline.
FSD Africa is set to launch insurtech accelerator programs in Ghana and Nigeria next year to promote innovations that will drive the uptake of insurance in the two markets and beyond. We are planning to launch the BimaLab Insurtech Accelerator Program in Ghana and Nigeria.” funded Financial Sector Deepening (FSD) Africa.
There a handful of nonprofit service providers in there too. International in Ghana was the 50,000th! I start each morning browsing those that followed @ NonprofitOrgs the day and night before, and follow those that are nonprofits and nonprofit staff in return. The next benchmark is when I hit 500,000 followers.
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.
Bento , Nigeria’s digital payroll and human resource management platform is expanding to Ghana, Kenya and Rwanda with plans to set up operations in six other markets in Africa over the next one year. In its next phase of expansion, Bento is eyeing Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia by the end of next year.
An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash. Instead, its wallet allows users to access a plethora of services they can’t find on their traditional provider.
As it rolls out these centers, mPharma said its end goal is to deliver quality primary care in communities they serve by providing medical examinations, a service, the startup co-founder and CEO Gregory Rockson, said lacks in most telemedicine structures. “We It is raising more funding to further grow its business across the continent.
The service solves a universal problem for companies but it happens that it was built in Ghana, where the internet penetration rate is just 40 percent. Less than two years later, it became the first startup from Africa to receive funding from 500 Startups. As of 2013, Dropifi had over 6,000 paying customers in 30 countries worldwide.
Stabus, on the other hand , commenced operations in Ghana a month after Plentywaka’s launch. Then in April this year, Kpotufe, intrigued by the pace at which Plentywaka was scaling, asked Akumah if his company had plans to scale to Ghana. “Isidore is someone I’ve known for going to two years now.
Also, a long-overdue pan-African expansion to Ghana and Kenya is top priority. But the wait seems to be over as the company said it’d be going live in Ghana next month with a handful of existing customers from Nigeria and new ones in Ghana. ” How African startups raised investments in 2020.
The company, which enables underbanked customers in select African markets to access a broad range of products and services without collateral or a guarantor, announced today that it has raised $75 million. For Ghana, its newest market, they say it “has grown two times as fast as any of its previous markets.”.
While solar grids and panels are another viable option and have compelling use cases for end consumers, there’s still an opportunity to launch products targeted at power distribution companies, and that’s where Beacon Power Services (BPS) plays. Persistent Energy raises $10M to grow its clean-tech venture building business in Africa.
Gozem , a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. The startup kicked off operations in Togo in 2018 as a motorcycle ride-hailing service.
Because many of them, particularly in the two-wheeler space, lack access to some financial services, being contractors is disadvantageous. Some gig platforms have tried to embed financial services into their systems, but they are limited. We researched the gig economy and found that they were neglected by some financial services.
Zipline made a name for itself first in Rwanda and then in Ghana, where it delivered blood, vaccines, life-saving medications and other essential supplies using autonomous electric drones. This latest round has vaulted the company’s valuation to $2.75
The first is developing strong local partners , such as disability NGOs, libraries or educational institutions that help us customize our services to the specific needs of their communities. Of course, we have many more exciting ideas for transforming the lives of millions of people who could benefit from our services.
Loyalty, deals and rewards services are a rarity in most African markets. The company plans to use the investment to expand within its home market Nigeria — where it operates in Lagos, Port Harcourt and Abuja — and outside to Ghana and Kenya. It also wants to improve its product offerings and add more staff.
Kuda is currently making some strategic changes to serve its customers better and continue to make financial services more accessible, affordable and rewarding to every African,” said the four-year-old company, citing reasons for the layoffs.
-based company that connects consumer goods brands to thousands of retailers and help out with distribution, has raised $110 million in new equity and debt funding round as it looks to bring in more retail stores and expand its buy now, pay later service across the continent. A TradeDepot warehouse. We think they go together.
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.
I've just ended an exciting three week long Africa trip to Kenya, Tanzania and Ghana. Huduma makes it easy for people to complain about social services delivery (like, I went to the clinic but they don't have the drug I need). There are so many exciting people and organizations to talk about!
While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved in some countries. Telemedicine, the standout offering, witnessed massive adoption during the pandemic, and in the last five years, no other service has been launched more by healthtech startups.
First, some job loss attributed to automation, as Aaron Benanav so elegantly demonstrates , is the result of deindustrialization and a shift to a much less employment-stable service sector, with underemployment and underreported unemployment becoming significantly more commonplace.
The startup told TechCrunch that it will use the funding to enter Ghana and Egypt by the end of the first quarter of 2022, and other additional markets in Francophone, East and Southern Africa by the close of the same year. Nigerian mobility tech startup Metro Africa Xpress Inc. (
According to the company, commuters pay 80% less when using its service instead of other ride-hailing services “without surges and peak-period pricing.”. The Techstars-backed company is actively fueling its expansion across Nigeria and Ghana having raised more than $1.5
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.
PalmPay offers different financial services to individual consumers and merchants. It provides merchants via its PalmPartner app with online payment and offline POS acquiring services and plans to introduce digital marketing services soon. That’s why it made the push into Ghana.
operated as a child, and seeing kind of the tech stack or the service stack that SMEs have over there, I had a good understanding of the solution set,” said McCormick on a call with TechCrunch. But also really pushing towards what’s possible for business owners in Ghana and Nigeria, who has a smartphone in their pocket.”.
Startup pitches with promises to provide various services to Africans — across different sectors — are commonplace now. These countries include Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso. The continent is also home to more than 1.2
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. Founded by Kiiru Muhoya Gitari Tirima James da Costa and Ian Njuguna in 2020, the digital bank claims to offer fees 90% cheaper than traditional banks in Kenya, among other services.
Ghanaian health tech startup mPharma is building a network of community pharmacies across Africa as it plans to be the go-to primary healthcare service provider for millions of people residing in the region. mPharma plans to grow its community ( Mutti ) pharmacies across eight markets in Africa to be the first point of care for patients.
Many of the publishers do provide us with permissions do not have global rights, and limit the availability of these books to certain jurisdictions • We first launched international Bookshare in India and have more than 1000 members there, as well as permissions agreements with more than ten publishers in India • We have recently concluded agreements (..)
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. We are thrilled to support Farmerline Group and smallholder communities across Ghana and Ivory Coast.”. The new funding brings the total amount raised in the round to $14.4
The startup has expanded beyond Nigeria and claims that merchants from the West African country, as well as Kenya, South Africa, Ghana and Rwanda, can use its platform to move freight in and out of their countries. MVX charges a commission for the services provided, including trucking, warehousing, shipping, and cargo stuffing.
Serunjogi founded Chipper Cash with Maijid Moujaled in 2018 to offer a no-fee peer-to-peer cross-border payment service in Africa via its app. 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.,
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.
It is one of the few companies that builds proprietary solutions for these financial institutions and their banking and payments services. It commenced as a services firm to provide commercial banks with custom software development services. Third, the first multi-bank direct debit service based on single global mandates.
Long payment cycles, which can take 30-90 days after services or products have been rendered, and little or no capital, of which research says 85% of African small and medium businesses are subject to, are the main culprits of cash flow issues. The big challenge is that credit needs of businesses are very different.
Desiree Adaway, Global Service and Leadership: How I Have Fun, Do Good How do I have fun and do “good”? I have danced with an entire village in Ghana. Service for me is HOLY. Dancing in Ghana Just writing this post has broken my heart open and I feel the familiar ache. Egypt I volunteer! Community is powerful.
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
In addition to spending more than a decade at Goldman Sachs, he ran various consulting and tech jobs for firms in financial services and capital markets. That was the year MTN Ghana, a local telecom operator, went public in the West African country after raising about $237 million. “I
Emtech targets emerging markets where payments infrastructure need aligning with digital innovations — to improve efficiency, introduce new products and services that are likely to promote financial inclusion, and in ensuring the secure movement of money.
Power allows gig and salaried workers access to earned wages and other financial services, and contribute to savings via partner banks. . Jetstream allows businesses to export goods across borders and access trade financing in Nigeria and Ghana.
In December 2021, Uganda’s multi-service and digital payment technology platform SafeBoda became the first startup in the continent to receive investment from the Google fund. The fintech plans to enter Ghana later this year. The Gojek (GoTo ) -backed super app, also available in Nigeria, has its eyes on other markets too.
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