This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
According to the International Center for Not-for-Profit Law , there are 6,500+ NGOs registered with the NGOs Coordination Board in Kenya. Traditionally, NGOs in Kenya have depended on outside support from grant makers and wealthy individuals. Finally, M-Changa seeks to build trust from both local and international donors.
SOS Children’s Villages International :: @ SOS_Children. Girls Education International :: @ GirlsED. Girls Education International strives to expand and support educational opportunities for women and girls in remote regions of the developing world. ECPAT International :: @ ECPAT. Wildlife SOS :: @ WildlifeSOS.
Bookshare International Library We’re always thinking about new ways in which Benetech could go deeper and help many more people. We’re making securing new funding for Bookshare’s international expansion a top priority! We have built Bookshare International upon three principles. My next two blog posts will be on this topic.
People organized across North America, aligning themselves with CCF, writing articles and forming local chapters. Council members currently include representatives from El Salvador, Guatemala, Mexico, Canada, Kenya, and across the United States.
It is the startup’s first institutional investment following seven internal angel rounds from the same set of equity–and debt investors (it raised $40 million in debt last year). This funding will allow the Kenyan-based company to expand its business into Rwanda, DRC and Tanzania.
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. But startups are also solving local problems. Startups are aiming for a global, not local market. Many startups are Silicon Valley clones.
Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth. Then, due to local bank card limitations of $20 monthly spend, we provided virtual dollar cards for Nigerians to make international purchases.”.
But two months into 2020, the pandemic did an excellent job of lowering expectations as investment activities from local and international investors slowed down. International investors participated from pre-seed to Series E stages. A handful of local acquisitions and a monumental exit. It wasn’t a bad year, though.
The provision of virtual foreign bank accounts has become a common strategy for fintechs to enable Nigerians and Africans to facilitate international transfers. The YC-backed Nigerian fintech has since expanded into East Africa, starting with Kenya. They can also send money to the UK and Europe on the platform.
Niche local brands are also emerging to offer tailored beauty and skin care products. Kenya-based Uncover Skincare is one of them and it seeks to revolutionize the sector through data-led manufacturing that is aligned with the needs of the modern African woman. Summer International uses social media data to launch new beauty brands.
NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. But in 2020, NALA started testing international money transfers after some users expressed interest in moving money from the U.K. and the E.U.,
On the other hand, Appruve, which provides an API that verifies user identity, fraud detection and digital documentation, primarily focuses on new datasets that enable or complement traditional government data such as international passports and national IDs. We want to add that depth in more markets, and Appruve gives some of that.”
The startup has today announced entry of RejaReja, the B2B retail marketplace, into Ethiopia, Ghana, Tanzania, Rwanda and Uganda, after successful pilot programs, coming about two months after it grew beyond Kenya by launching in Nigeria. In November we hit 100,000 merchants in Kenya and Nigeria and this number is growing quite rapidly.
When Reetch first came to Kenya from France in November 2020, it wasn’t easy to get affordable ready-to-eat meals. “After three days of coming into Kenya, I asked where I can get great food at a cheap price, and everybody tell me it’s impossible,” he told TechCrunch.
The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. At a close second was Kenya accounting for $304 million of the total investments in the continent. and Kenya raised $107.6 million and $77.1
I was honored to be a trainer as part of the launch of the ACE Leaders Project, a program developed by the Institute of International Education Sub-Saharan Regional Office and supported by the Packard Foundation. For the past ten days, I’ve been in Rwanda, Africa. Documentation of the Visioning Process.
ChildFund International just rebranded from the Christian Children’s Fund last week as an effort to demonstrate a singular commitment to children’s welfare today and tomorrow (image: Faith Smiling by ChildFund, NZ ). These efforts will directly benefit children in Gambia, Zambia, Kenya and Ethiopia. Mango trees in Kenya.
Top countries: Big Four are still hotspots for African VC investment Briter Bridges: Companies in the “Big Four” (Nigeria, Kenya, Egypt and South Africa) captured 75% of all investment value and the number of deals. South Africa takes the second spot with 17%, Egypt at third at 16%, and Kenya at 15%. Kenya is a close second with $1.1
African merchants encounter many challenges when it comes to international shipping ranging from logistics and customs to hidden and excessive charges. “The world was shutting down, but there was this high demand for stuff and demand for international shipping was going up simultaneously.
The pandemic accelerated the need for international companies to seek cheaper and remote talent around the world. For most of its local clients, TalentQL mainly assists with recruitment. For most of its local clients, TalentQL mainly assists with recruitment. Europe, Nigeria and Kenya. Image Credits: TalentQL.
In 2020, Yusuf toyed with the idea of building a physical campus where he and his team would train software engineers to get international opportunities. It’s a one-year program where students take classes for nine months (three semesters) followed by a three-month internship at local tech companies to gain experience.
This product, it says, will open up businesses to the largest pool of localized payment options in Africa. Meanwhile, the startup is also looking to expand its international calling operations across Africa after closing a $4 million seed funding round, led by HAVAÍC.
The startup, which provides multiple products for the cross-border commerce space in Africa, raised this new financing from a group of international investors co-led by American Express (AMEX) Ventures, the strategic investment group of American Express. The platform will go live in Kenya in the next couple of months, said Anuna.
Kenya-based MyHealth Africa , an integrated healthcare platform changing how people access medical services, by connecting patients with local and international health specialists and hospitals, is growing its reach in Africa, and plans to further expand in Middle East and South Asia next year.
Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 This led to a significant increase of interest from local and international investors for African startups. million seed, the company confirmed to TechCrunch today.
But despite the proliferation of local and foreign crypto exchanges and the introduction of novel models by up-and-coming web3 platforms, some observers believe there are still notable barriers to using crypto in Africa. “We To that end, the local knowledge and specialized skills of the MARA team is quite promising.”
Its offers a “high-yield” savings account, free FX and adjacent digital banking services so customers can save in a stable currency, the dollar, and spend-as-they-go in local currencies. The company was founded by Ahmed Ismail , Youcef Oudjidane , Khalid Keenan and Abdigani Diriye in late 2021. So why Sudan? “We
On the platform, Raise customers can also automate due diligence, set valuations, track employee stock vesting and make routine documentation for licenses and government documents in Nigeria and Kenya. . The company is active in Nigeria and Kenya. Nigerian investment platform Chaka secures $1.5M
Talk360’s payment platform will integrate “all payment options” in the continent — creating a diverse pool of localized payment options, making it easy for international and local businesses to sell to buyers residing in Africa. South Africa’s Talk360 raises $4M to build single payment platform for Africa.
Fifteen accelerators from key tech hubs, including Uganda, Egypt, Ghana, South Africa, Senegal, Nigeria, Ivory Coast, Kenya, Rwanda, and Tanzania will participate in the program. The first cohort will begin the program on November 14, with a five-day in-person training to be held in Kenya, followed by a year-long virtual program.
When Andela launched in 2014, it built hubs in Nigeria, Kenya, Rwanda and Uganda to source, vet and train engineers to be part of remote teams for international companies. In September 2019, it let go of 420 junior engineers across Kenya, Uganda and Nigeria. Then Kenya. Then it became living in Nigeria.
The dynamics that play into this forecast, aside from the impact of COVID, include a youthful population (the youngest globally), rising smartphone adoption and internet penetration that has led to a burgeoning tech ecosystem backed by local and international VC dollars. Image Credits: Crunchbase/Endeavor.
According to Transparency International in 2013, Nigeria was the world’s 144th most corrupt country out of the 177 countries monitored. In June of last year it raised $35 million from Millicom International Cellular , following Serie A funding of $26 million earlier that year from Summit Partners. “We
Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. Its view on Africa will be more distributed; it has already done investments in Kenya, Tanzania and Nigeria.
” The initial markets will be in Mexico, Costa Rica, Peru, South Africa, Kenya, Uganda and Vietnam, where Apeel’s tech will treat avocados, pineapples, asparagus and citrus fruits like lemons, limes and oranges. . “The value is not just in the longer-lasting produce, it’s in the market access for that longer-lasting produce.”
Analysts say the value of e-commerce in Africa is expected to reach $29 billion next year, yet Africans still find it difficult to make international payments for products online. Klasha Checkout, which works a lot like Checkout , allows international merchants to collect payments from Africa in local currencies.
Within this timeline, he interned at several companies in Palo Alto, California. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. Yahya Bouhlel started coding in his early teens. Most of his work revolved around building apps and iPhone games.
PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. While East Africa (buoyed by Kenya’s M-Pesa) has largely been the critical market for mobile money, West Africa is catching up nicely. He also sits on the board of 88mph.
The targets need to be linked like so: --> Jump to events in North America or go international with events in. Busia, Kenya: NetSquared Kenya and Mozilla — Building for the Future with App Maker. Ouagadougou, Burkina Faso: Monthly Meeting of Local Members. The link need to be like so: Africa. Africa + Middle East.
Chari operates as a mobile app, allowing small retailers in these two countries to order products from partnering FMCG multinationals and local manufacturers and get items in less than 24 hours. Last October, the YC-backed company acquired Moroccan ledger book Karny.ma.
The demo day coincided with International Women’s Day and featured women-led businesses focused on sustainable development goals (SDGs). The platform allows users to receive money in their wallets in cryptocurrencies or convert it to local currencies. Even if you’re in a desert, you can get drinking water, Koigi said.
The platform called ANKA will allow users to sell from Africa, ship products to anywhere in the world and get paid through local and international African payment methods. We ship 10 tons every month and have sellers in 47 African countries, with Kenya and Nigeria as our largest markets. Today, it is announcing its launch.
As highlighted this March and reiterated in the interview, Bloom’s founders say this seed round will help the Sudanese- and Dubai-based startup execute its expansion plan across the Anglo-East African region such as Ethiopia, Kenya, Rwanda, Tanzania and Zambia. A few competitors in the region include YC-backed Fingo, Koa and Finclusion.
Having spent its early days in FMCG, and particularly with small traders, ChapChapGo identified that the lack of simple and affordable tools tailored to the local context was a major challenge for Kenyan businesses to adopt e-commerce. Digiduka positions itself as the digital service solution for Kenya’s cash economy. ”
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content