TechCrunch

NOVEMBER 23, 2021

The Kenyan startup has over the last three years been offering a lifeline to traders in Kenya by enabling them to make mobile money transactions that are devoid of transfer charges through its Leja app. Asilimia team in Nairobi, Kenya. Image Credits: Asilimia.

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TechCrunch

JANUARY 5, 2022

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. All these while increasing access and affordability to quality medication.

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TechCrunch

MARCH 16, 2022

It has been a hot sector for investors, and today’s news shows they aren’t slowing down in backing these startups just yet as Sokowatch , one of the major players in the space, announced that it has raised $125 million in Series B funding. But we’ve been able to do that on our own without raising any kind of separate debt facilities.

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TechCrunch

MARCH 19, 2021

With this new fundraising, the company plans to tap into the wealth of experience from some of its new investors like Oviosu and Serunjogi who have also taken local companies into expansion phases. A notable example is Kenya’s Africa Talking. .”

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TechCrunch

MAY 3, 2022

Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. And as annual inflows grow, Pangea’s country director and CEO for Kenya Anne Lawi told TechCrunch, diaspora remittances can be tapped to increase the amount of funding injected into startups.

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TechCrunch

APRIL 13, 2022

In the latest development, Umba , a digital banking platform operating in Lagos, Nigeria, has raised $15 million in Series A funding. The news comes almost two years since the fintech raised a seed round of $2 million. The fintech has raised a total of $17.5 million to date. Umba has been in operation for about two years now.

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TechCrunch

NOVEMBER 29, 2022

The two-year-old startup raised $1.1 million in pre-seed funding this January, bringing its total funding raised this year to $4.5 Futi said Orda has witnessed tremendous adoption among small restaurants in its two markets, Nigeria and Kenya, and claims the startup might have reached product-market fit already.

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TechCrunch

NOVEMBER 22, 2022

In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Our next year is going to be fairly big for us.

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TechCrunch

DECEMBER 4, 2022

Kapu , a social commerce startup, coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with the sky-rocketing food prices. Social commerce platform Tushop set for Kenya growth after raising $3 million pre-seed funding.

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TechCrunch

MAY 18, 2022

For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in Nigeria’s entertainment and tech scenes. This led him to start Bamba , a mobile-based enterprise software for African micro-merchants, that has raised $3.2

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TechCrunch

OCTOBER 14, 2021

Tala , an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Existing investors IVP, Revolution Growth and Lowercase Capital also joined the round that brings Tala’s total funding raised to a little over $360 million.

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TechCrunch

AUGUST 11, 2022

In an email sent from Marketforce CEO Tesh Mbaabu and obtained by TechCrunch, the layoffs were a part of a reorganization strategy in Kenya, one of its five markets which include Nigeria, Rwanda, Uganda and Tanzania. . MarketForce raises $40 million Series A, introduces BNPL merchant stock financing.

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Kindful

MARCH 4, 2021

We know this well, as thousands of nonprofits and social good projects have used CauseVox’s digital fundraising platform to raise millions online, especially through virtual fundraising events in the last year. Through this, we’ve seen firsthand what online fundraising ideas nonprofits use to successfully raise money for their cause.

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TechCrunch

NOVEMBER 3, 2022

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. We believe that the next phase of this evolution will be led by home-grown accelerators, like the ones joining BAM,” said Dieng.

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CauseVox

JULY 10, 2024

The Origin of Shower Strike In 2010, founder Sarah Evans visited Kenya and saw the devastating effects of dirty water. Moved to action, she and a friend pledged not to shower until they raised enough money to build a well. This bold move sparked the first Shower Strike, now an annual event raising awareness and funds for clean water.

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TechCrunch

MARCH 27, 2023

” A large chunk of early-stage deals fall apart in the due diligence phase. Smith stepped in for Federico for the second fund, and Federico has since moved to Kenya where he now has a more passive role in terms of day-to-day involvement. “And I think it’s also just a huge vote of confidence.”

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Bloomerang

SEPTEMBER 18, 2021

For those not familiar with that term, program management includes representing the owner or the nonprofit at every step of the development process from, you know, land acquisition, going through due diligence, design, preconstruction, and the construction to move in phase. . We have our renderings and we need to raise $10 million.”

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TechCrunch

FEBRUARY 14, 2022

Morai , which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, raised $20.8 It brings its total funding raised to date to $24.9 Shift5 raised $50 million in Series B funding to defend transport networks from cyberattacks. million seed raise.

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TechCrunch

DECEMBER 17, 2020

Currently operating in Kenya and Nigeria, Umba offers a digital financial service alternative to legacy African banks. Right now it’s available in Kenya and Nigeria, which have a combined population of over a quarter of a billion people. It’s clear the African market is maturing and that we’re entering a very interesting phase.”.

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TechCrunch

JUNE 29, 2022

Compelled to offer more value to startups, the co-founders launched Adanian Labs in Kenya, joining other players, like Nailab , in the space. Adanian Labs targets idea-phase tech startups, offering them all-round support including capital, advisory and operational backing; building them from the ground up. Image Credits: Adanian Labs.

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TechCrunch

NOVEMBER 9, 2021

It is looking to expand its team of 33, which is currently spread across nine countries, including Ghana, Nigeria and Kenya. ” Sevey said Mantium is also preparing to enter a phase where it will create impactful meaning applications beginning next year — as it moves to connect “things with AI”. “So

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TechCrunch

JUNE 30, 2022

BII will have offices in powerhouse markets like Nigeria, Egypt, and Kenya and offer equity and debt financing to projects in these countries. However, it becomes hard to ignore some of these businesses as they enter growth-stage phases and need more capital—most times beyond what venture capital firms can provide—to scale.

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TechCrunch

MARCH 11, 2021

According to Ruzane, the company’s CEO, this $5 million (in equity and debt) is a seed extension round, bringing the total investment raised by FlexClub to over $6 million. That was the model FlexClub launched in South Africa, and after raising $1.2 South Africa’s FlexClub raises $1.2M, partners with Uber Mexico.

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Beth's Blog: How Nonprofits Can Use Social Media

NOVEMBER 15, 2009

We're still in the early stages of social media as in the early days of the web and online fundraising , so, we are in the "it's hype, and not going to last" phase. These blogs raised $350,000 to pay rangers salaries and help save mountain gorillas in the Virunga National Park.

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