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The Davos Blur

Beneblog: Technology Meets Society

In the morning, I attended a session put on by the Young Global Leaders with six interesting proposals. James Moody of Australia’s national research organization was talking about an idea of a humanitarian license for patents that has been floated by the YGL community.

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South African digital bank TymeBank lands $109M from UK and Philippines investors

TechCrunch

“The establishments of digital banks in South Africa is in its infancy. With already existing shareholders like African Rainbow Capital (founded by South African billionaire Patrice Motsepe), TymeBank says these new investors will grow the company into a top-tier retail bank in South Africa.

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My remarks just made at WIPO today

Beneblog: Technology Meets Society

We now have global permissions for around 8,000 copyrighted books out of our 70,000. • Most publishers don’t say yes or no.

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Naspers co-leads $14.5M extension round in mobility startup WhereIsMyTransport

TechCrunch

South African-founded startup WhereIsMyTransport is one such company filling that gap for now. million Series A extension to continue its expansion across emerging markets; the company already has a presence in South Africa and Mexico. Today, i t is announcing a $14.5 According to Naspers, the size of its check was $3 million.

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New South African partnership gets $3M, launches telehealth product

TechCrunch

The pandemic has seen such platforms scale globally, and Africa is not exempt. A new platform (without a name yet) is launching out of South Africa and it wants to provide accessible quality care for Africans with its telehealth service. will generate revenue off license fees earned.”

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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

TechCrunch

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. Africa has it different. Other investors in the round include Global Founders Capital and 4DX Ventures. It’s not a predominantly card continent. African tech took center stage in 2021.

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South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

TechCrunch

With the global insurtech market worth over $5 trillion, there are different opportunities to be tapped despite the presence of large incumbents. In Africa, one startup is carving a niche for itself. In Africa, one startup is carving a niche for itself.