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Sudanese fintech Bloom nabs $6.5M, backed by Y Combinator, GFC and Visa

TechCrunch

based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. The investment from Visa came as one of the incentives for Bloom’s participation in the global card scheme’s Fintech Fast Track Program. This investment is coming after the startup’s undisclosed pre-seed round last year.

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Have autonomous robots started killing in war? The reality is messier than it appears

The Verge

It’ll take your mind off the global pandemic at least. Autonomous drone attacked soldiers in Libya all on its own,” read one headline. Let’s be clear: by itself, the UN does not say for certain whether drones autonomously attacked humans in Libya last year, though it certainly suggests this could have happened.

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

Productfy could add a node in countries such as Uganda and Libya and create the “first true distributed financial infrastructure” that would allow for near-instant funds transfers, for example, “easily, securely and at less than a penny globally.”. Vo’s goal is that if this can be nailed down in the U.S.,

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BEYOND EXPO 2024 | Unlocking opportunities and embracing the unknown in the Middle East

TechNode

However, with Chinas rise and the success of its infrastructure development strategies like the Belt and Road Initiative, Chinese entrepreneurs have found new confidence in doing business globally. However, he cautioned other entrepreneurs to be alert to global changes and avoid harboring outdated mindsets.

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Some Reflections About Civil Society 2.0 and Why I’m Not On A Plane To Tunisia Right Now

Beth's Blog: How Nonprofits Can Use Social Media

Youtube blocked access to the offensive video in two of the countries in turmoil, Egypt and Libya , but did not remove the video from its Web site. Co-create narratives with global partners that are based in local voice and respect for local communities, and invest in building networks that aim at community vitality.

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Data Digest: Open Data for Africa Platform, Silent Data Revolution in MENA and Data Strategies

Tech Soup

Data Digest is a weekly round-up of the latest news on data-related projects in the nonprofit sector, compiled and authored by Keisha Taylor of GuideStar International and TechSoup Global. Libya, Djibouti and Jordan have also granted restricted access to micro data to selected individuals and organizations.

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MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

. “For us, our strategy is to build a global team that can think local and execute properly. ” While the acquisition signals MaxAB’s move into Morocco, it also shows the company’s entry into the Maghreb markets — Algeria, Libya, Mauritania, Morocco and Tunisia, where there’s little or no contest.

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