Tech Soup

JUNE 4, 2013

As collection and processing of e-waste and discarded electronics in Africa reaches worrisome proportions, industry leaders and policymakers from all over the world are meeting in Cape Town, South Africa on June 7, 2013.

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TechCrunch

FEBRUARY 23, 2021

“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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TechCrunch

JUNE 7, 2021

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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TechCrunch

JANUARY 28, 2021

Catalyst Fund , a global accelerator managed by BFA Global , announced the 8th cohort for its Inclusive Fintech Program today. With a focus on Kenya, Nigeria, South Africa, Mexico and India, selected startups receive £80,000 (~$100,000) in grant capital, six months of support and connections with follow-on investors.

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TechCrunch

MAY 5, 2022

” We’ve also seen this play out with angel investors who have become prominent solo venture capitalists like Olumide Soyombo of Voltron Capital — and globally, Elad Gil and Lachy Groom. Last year, rali_cap raised $2 million, money it has since deployed. “But we’re always open for exceptions,” said Simmons.

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TechCrunch

JANUARY 18, 2022

The digital banking space in Africa is taking shape as neobanks on the continent grow in numbers like their global counterparts. Venture capital bet from institutional investors in this class of fintechs is massive and in the latest development from Africa, it seems individual investors appetite is increasing likewise.

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TechCrunch

NOVEMBER 1, 2021

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.,

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TechCrunch

NOVEMBER 3, 2022

Silicon-Valley based VC firm 500 Global and German’s economic development agency Gesellschaft fu?r r Internationale Zusammenarbeit (GIZ) will train managers of leading accelerators in Africa over the next two years, to help them establish sustainable business models that commandeer greater influence in their ecosystems.

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Beneblog: Technology Meets Society

JUNE 23, 2010

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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TechCrunch

MAY 25, 2022

Now, the last-mile distribution e-commerce company has received more investment: a $15 million Series A led by Tiger Global. The round, which closed sometime in March, is Tiger Global’s second investment in the B2B e-commerce space after backing Wasoko in its mega Series B round. million seed round we covered.

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TechCrunch

MARCH 16, 2022

TradeDepot , on the other hand, operates an asset-heavy model across Nigeria, Ghana and South Africa. What they have in common is a presence in Nigeria, arguably the largest market for informal retail in Africa. For Tiger Global, this is the 10th deal and first outside fintech since re-entering Africa’s tech market in 2021.

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TechCrunch

FEBRUARY 11, 2021

Also, it defines African startups “as companies with their primary market, in terms of operations or revenues, in Africa not based on HQ or incorporation,” he said. “When these companies evolve to go global, we still count them as African companies.” million; South Africa, third at $142.5

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TechCrunch

JANUARY 17, 2023

The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. South African startup Flow wants to change how real estate agencies, developers and agents interact with their end customers. Does everyone want to be a landlord, or what?

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Beneblog: Technology Meets Society

JANUARY 30, 2010

In the morning, I attended a session put on by the Young Global Leaders with six interesting proposals. I next attended a session on global biodiversity, and ended up talking to two of the three speakers afterwards about our Miradi project and about the software idea from my friends at Waste Concern. Today was an example of this.

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TechCrunch

APRIL 7, 2022

The startup’s B2B wholesale platform launching (in beta) today will sell products of up to 30 fashion brands including Rich Mnisi and Suki Suki Naturals, both from South Africa and Orange Culture from Nigeria to 15 retailers in the US. We are looking at it from a global perspective.

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TechCrunch

FEBRUARY 24, 2021

Founded by Kiaan Pillay , Natalie Cuthbert , and Priyen Pillay , Stitch wants to provide full API access to financial accounts across Africa starting from its first market, South Africa. With wide and deep investor backing, Stitch will use the funding to consolidate growth in South Africa. ” .

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TechCrunch

NOVEMBER 11, 2021

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.

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TechCrunch

MARCH 7, 2022

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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TechCrunch

JUNE 10, 2021

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. ” Sub-Saharan Africa has a healthcare market of about $90 billion.

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TechCrunch

NOVEMBER 17, 2021

According to a 2019 report by Deloitte , about 80% of South Africans have a bank account but only 24% of them make more than three transactions monthly. Unlike other African countries, South Africa also has a functioning credit system with the prevalent use of credit cards. Since the company’s Series A raise of $2.5

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Recode by Vox

MARCH 8, 2025

An asteroid 12 to 16 miles wide hit the planet more than 2 billion years ago, in what is now Vredefort, South Africa, while another 6 to 10 miles wide hit what is now Sudbury, Ontario 1.85 billion years ago. Very bad stuff. But were not helpless anymore.

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TechCrunch

MARCH 16, 2022

You can count on one hand the number of funds bigger than Tiger Global. From that fund, Tiger Global made more private investments than any other firm last year — about 340 as of late December — roughly one investment per day, according to CB Insights. However, Tiger Global limited its activity in Africa from 2009 to 2014.

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Beneblog: Technology Meets Society

APRIL 4, 2010

Next year it will be in South Africa. We're excited to playing host to the growing global social enterprise movement, and I'm glad that Kylie will be blogging up a storm from down under even Down Under! This Summit will be my swan song in a leadership role at the Alliance.

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TechCrunch

JANUARY 17, 2022

While Cauris provided debt financing, Tiger Global and JAM Fund, the investment firm of Tinder co-founder Justin Mateen co-led the equity bit. Float, present in Ghana and Nigeria, intends to use this new capital to set up entities in Kenya and South Africa by Q2 as soon as it gets licenses to operate, Ghansah said on the call.

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TechCrunch

NOVEMBER 15, 2021

One, most of them are excluded from various payment ecosystems globally due to their size, and two, getting hardware from providers can be expensive. . Kassim said the company is conducting tests with merchants in Nigeria and South Africa and expects to launch both markets in the near future. . Australia and Asia.

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TechCrunch

DECEMBER 16, 2021

Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists. Last year, fintech startups accounted for 25% of the VC funding which flowed into Africa, while startups from the Big Four received more than half of the continent’s total funding.

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TechCrunch

MARCH 15, 2021

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. Going by this partnership, we can expect the majority of them to be global plays.

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TechCrunch

FEBRUARY 2, 2022

The general perception of insurance on the continent has been bland for years, and its penetration rate, except South Africa, is subpar. Per a McKinsey study in 2018, Africa’s insurance market stood at a 3% penetration rate; with South Africa excluded, it was 1.12%. The local investors involved are all founders.

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TechCrunch

JUNE 8, 2022

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. New York-based Endeavor is a global community of “high-impact” founders across almost 40 underserved markets in Africa, Asia, Europe, Latin America and the Middle East. Image Credits: Crunchbase/Endeavor.

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TechCrunch

OCTOBER 24, 2022

Madica said it is also keen on reaching underserved markets in the continent, outside the well-established hubs of Egypt, Kenya, Nigeria, and South Africa. Venture studio Adanian Labs fuels startup growth in Africa. Seedstars Africa Ventures appoints new partner to back more founders in the continent.

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TechCrunch

JANUARY 27, 2023

For one thing, by the first half of 2022, A frica seemed to defy the global venture funding decline after its startups raised $3 billion, double the amount secured over a similar period the previous year; therefore, a twofold increase by December seemed plausible. There was reason to believe so. Kenya is a close second with $1.1

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TechCrunch

FEBRUARY 13, 2022

In April 2021, Stitch launched its payments product in South Africa and noticed a 50% month-on-month growth in payments volume the following six months. We will look at adding data and identity this year, as well as deepening the payments set similarly to how we have it in South Africa.”. Image Credits: Stitch.

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TechCrunch

JANUARY 28, 2022

Paddy Partridge, Africa regional director, Bolt Ride Hailing. Partridge said that Bolt already has vehicle-financing partnerships with banks in markets like Kenya, Nigeria and South Africa, and its planning to form additional collaborations, and explore the expansion of the current ones to reach more markets and drivers.

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TechCrunch

DECEMBER 8, 2021

“We want to encourage a high percentage of capital into regions outside the four main markets (South Africa, Kenya, Egypt and Nigeria) as much as we can. Impact Rooms is backed by US-based investment group Global Blockchain Ventures (GBV). Our job is to support startups and help them all the way to maturity.

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TechCrunch

JANUARY 19, 2022

The South Africa-based company, which currently has a team of 37 people across 18 countries, wants to use this additional capital to scale interactive content across Africa. The company’s online marketplace is noticing even faster growth, said Robbin-Coker, especially among users in South Africa and Nigeria.

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TechCrunch

AUGUST 17, 2021

Pngme’s platform caters to fintechs and other financial institutions across sub-Saharan Africa. When the founders, Brendan Playford and Cate Rung, last spoke with TechCrunch, Pngme was heading out of stealth mode in Nigeria, Kenya and South Africa. African startups join global funding boom as fintech shines.

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TechCrunch

APRIL 26, 2023

Within the last 18 months, the four-year-old startup worked on analyzing fraud data from global money networks, verification of mobile money financial statements and blocklist data from various banks and fintechs within the last 18 months. We want to add that depth in more markets, and Appruve gives some of that.”

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