TechCrunch

JULY 27, 2021

They are the backbone of most economies: Globally, SMEs represent about 90% of existing businesses and create more than 50% of employment. In South Africa, these businesses contribute around one-third of the country’s GDP. South Africa’s Yoco raises $16 million to boost digital services to small businesses.

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TechCrunch

JANUARY 21, 2021

As the global agricultural industry stretches to meet expected population growth and food demand, and food security becomes more of a pressing issue with global warming, a startup out of South Africa is using artificial intelligence to help farmers manage their farms, trees and fruits. It has offices in the U.S.,

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Nonprofit Tech for Good

MAY 22, 2018

We are grateful to the 3,573 people who have taken the 2018 Global Trends In Giving Survey thus far. This year we are getting more participants from outside of the United States, but we definitely need more diversity in our survey respondents for the data to truly reflect the global donor community. South Africa 3%.

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TechCrunch

OCTOBER 27, 2021

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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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. However, it’s only just picking up speed in Africa.

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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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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 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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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

DECEMBER 1, 2021

South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 million) in Series A funding from South African investment company Base Capital. and Germany, which are prominent hubs for global talent.

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TechCrunch

JANUARY 31, 2022

There are many Robinhood-esque platforms globally because of a growing need to invest in U.S. based Greycroft and Tiger Global co-led the Series A round (it’s the second Tiger Global-led investment announced this month after Ghanaian fintech Float). stocks in different parts of the world. stocks in real-time.

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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. With Iftekhar’s help, I was able to quickly get three pages of notes about the opportunity, the needs, the existing tech landscape, potential partners and funders. Each hour there’s something memorable. Today was an example of this.

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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. CEO David Akinin said that number has increased by 50%.

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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

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. Healthforce can leverage its current position to take core tech from Doktor.se

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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

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. African tech took center stage in 2021. It’s not a predominantly card continent.

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TechCrunch

DECEMBER 16, 2021

Internet giant Google announced today that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda. He made this known at the Google for Africa event in October. Fintech startups and those from Nigeria, Kenya, Egypt and South Africa get looked at the most by venture capitalists.

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TechCrunch

MAY 4, 2022

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. It’s one of the few companies offering such services, including Firstbase.

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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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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. Partech: The venture capital outfit pegged funding for African tech at $6.5

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TechCrunch

AUGUST 9, 2021

South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace. The company’s expansion to three cities in under 12 months demonstrates the huge demand for vehicle financing in Africa, where just 5% of new cars are purchased with financing, compared to 92% in Europe.”. backers in this round.

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TechCrunch

FEBRUARY 23, 2023

Hybrid solution The startup has a suite of products that it plans to scale beyond South Africa, including the Radify AI platform, which they claim ensures speedy, accurate, quality and affordable medical imaging diagnosis, factors that are critical in early diagnosis and treatment of disease.

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Fast Company Tech

MARCH 18, 2025

The tech from one startup, Electreon , is embedded in the nations first EV charging road. More importantly, the campaign is creating a blueprint of how to build up a high-tech industry while shrinking, rather than expanding, issues of inequity. Ford Motor Co.

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TechCrunch

JUNE 8, 2022

A new report from Endeavor Nigeria reveals that Africa’s digital economy and tech ecosystem is set to experience exponential growth periods. The report is dubbed “The Inflection Point: Africa’s Digital Economy is Poised to Take Off.”. For instance, 33% of individuals use the internet compared to a global average of 63%.

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TechCrunch

JUNE 29, 2022

New report examines Africa’s growth in the digital economy and VC investment landscape. The idea to build Adanian Labs, was conceived in 2018, when Kamara was living and working in Cape Town, South Africa, where he witnessed the fast growth of the startup ecosystem, and how, in most countries, accelerators were the default launch pads.

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TechCrunch

DECEMBER 8, 2021

For slightly over three years his company, Riverhouse Technology, helped the emerging tech firms in talent sourcing and acquisition. 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.

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The Next Web

OCTOBER 15, 2012

The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press. The main observation of differences between Silicon Valley and emerging tech hubs in the rest of the world is access to early stage seed funding and international press.

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TechCrunch

JANUARY 28, 2022

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.

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TechCrunch

OCTOBER 24, 2022

Although investment is booming on the continent, funds are often disproportionately targeted at a few well-networked entrepreneurs and skewed towards the more prominent tech hubs… Madica is sector-agnostic and intends to double down on providing hands-on support, extensive resources, access to networks and more.

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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%. African tech took center stage in 2021.

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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

NOVEMBER 8, 2021

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. South African fintech startup Jumo raises second $50M+ VC round.

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TechCrunch

FEBRUARY 15, 2022

But not all developers have these tech giants’ resources. Appboxo, whose clients include GCash, Paytm and VodaPay, announced today that it has raised $7 million in Series A funding led by RTP Global. Predicting the next wave of Southeast Asia tech giants. They became popularized by “super apps” like WeChat, Alibaba and Grab.

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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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Tech Soup

SEPTEMBER 25, 2012

Here's a glimpse of what's happening internationally around TechSoup Global: Connecting Up Australia. NGO Pulse (South Africa). Learn how a nonprofit in South Africa, the Papillon Foundation , helps unemployed people learn new skills and find jobs. GuideStar International.

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TechCrunch

JUNE 30, 2022

Although Africa’s venture capital totals remained afloat in the first quarter, some investors and tech stakeholders think there’s still a good chance the continent will join the rest of the world in a slowdown. Large firms like Tiger Global and SoftBank have already taken a beating in developed markets.

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