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
Recently, on March 8th, International Womens Day was recognizeda moment that originally sprung from a movement to fight against child labor and sweatshop working conditions. Female genital mutilation still occurs Last month, I traveled to Senegal to see UNICEFs work firsthand. Further, FGM in Senegal hit its lowest point in 2023.
Wave, an African fintech that offers mobile money services in Senegal and Ivory Coast, laid off about 15% of its workforce last month. The company, which operated a stealth launch two years prior in Senegal, has since raised over $290 million in equity and debt capital funding to date. Germany, Nigeria and the U.K.
PAPS , a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics services. million pre-Series A round to expand its tech-enabled logistics solution across the Francophone region. Today the company is announcing that it has raised a $4.5
Francophone Africa has its first unicorn, and if you’ve been following tech on the continent, you will be very unsurprised to hear that it’s coming from the world of fintech. and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. Wave , a U.S. ” Going up against incumbents.
Partech Africa covers equity deals in tech and digital spaces and funding rounds higher than $200,000. African tech took center stage in 2021. Other sectors include health tech (8%), logistics (7%), education (5%) and clean tech (5%). Senegal took the fifth spot with $353 million, while Ghana was sixth ($167 million).
Within this timeline, he interned at several companies in Palo Alto, California. His new job was to open a subsidiary for a French open source tech startup and that required hiring developers on the ground. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria.
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. “500 has been investing in companies in Africa for a decade and continues to be excited about the growth of the African tech ecosystem.
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. I think of it as three different levels,” she said. This mitigate the risk of these investments, because there is a first loss guarantee.
Africa predicted to experience sustained funding slowdown in 2023 Most tech observers share Cuvelier’s thoughts on VC activity in Africa. Partech: The venture capital outfit pegged funding for African tech at $6.5 Outside the top four countries, startups from Ghana, Algeria, Tunisia and Senegal raised the most equity funding.
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. Senegal, the region’s top destination for VC funding dropped from $16 million in 2019 to $8.8 Regional and gender diversity check. million.
Apeel gets more cash to fight poverty and food insecurity in emerging markets with its food-preserving tech. One is access to markets , which alone is a huge source of food waste, and the other is food security because of a lack of stable growing conditions exacerbated by climate change.
. “All my UK ISA [Individual Savings Account, an account that allows users to save and invest free from UK tax] I saved for the past 15 years was what I lost,” Victor Asemota , a veteran of the Nigerian tech industry and strong advocate for FTX in Africa, narrated to TechCrunch on a call. I never knew it could happen to me.
This roundup of face-to-face nonprofit tech events includes meetups from NetSquared , NTEN's Tech Clubs , and other awesome organizations. The targets need to be linked like so: --> Jump to events in North America or go international with events in. San Francisco, California: Tech for Good Monthly Mixer.
The big nonprofit tech trends this past year seemed to be in the areas of making websites viewable on mobile phones, using mobile phones more in the workplace, cloud computing, social media fundraising, foundations and Microsoft donations, greater self-sufficiency among NGOs in developing countries, and some cutting edge things like hackathons.
Molotov is starting its international expansion this year with a dozen countries on the roadmap. Molotov is taking care of operations and the tech stack. So you can expect more news on the international front with new countries and new partners. Digital Virgo is handling the relationships with local content owners.
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