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Tiger Global leads $3M round in Zambia’s Union54 for its card-issuing API

TechCrunch

Union54 , the first Zambian startup backed by Y Combinator, has gotten another major venture capital firm on its term sheet: Tiger Global. Tiger Global declined to comment on the investment. Tiger Global had invested in Nigerian startups Jobberman, Cheki and Wakanow, and South African e-commerce company Takealot this past decade.

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Sun King raises $260M to widen clean energy access in Africa, Asia

TechCrunch

One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents. This investment in Sun King marks an incredible inflection point for the global off-grid solar industry,” said Walsh.

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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

That might be a thing of the past for some businesses as African payments company Flutterwave today is announcing a collaboration with PayPal to allow PayPal customers globally to pay African merchants through its ‘Pay with PayPal’ feature. African payments company Flutterwave raises $170M, now valued at over $1B.

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mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

The startup has now set out to activate more mutti pharmacies to widen its reach and to build out its tech-infrastructure as it readies itself for the next phase of growth after raising $35 million in Series D round. Other investors include Northstar, Social Capital, Novastar and TO Ventures.

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8 startups that leveraged products for social good, and where they’re headed in 2014

The Next Web

Started by a nightclub promoter tired of an unfulfilling job, charity:water doesn’t even have a marketing team but raises millions annually to give 800 million people the resource they are so lacking: access to clean drinking water. Charity:water’s latest campaign for 2014 is focused around donating to the people of Malawi, Africa.

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Clean energy firm Husk signs UN energy compact as it begins solar mini-grid expansion in Nigeria, rest of Africa

TechCrunch

The commitment is contained under the 24/7 Carbon-free Energy Compact , by leading energy buyers, suppliers, equipment manufacturers and governments, representing a global effort to accelerate the uptake of carbon-free electricity as a way of averting the perilous effects of climate change.

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mPharma, a telehealth pioneer out of Ghana, gets physical with 100 virtual centers across Africa

TechCrunch

Founded in 2013 by Rockson , Daniel Shoukimas and James Finucane , mPharma is one of the well-funded startups across Africa raising over $50 million since inception, this includes a Series C round of $17 million, led by UK’s development arm CDC Group, it received last year. We currently have five centers open.

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