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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

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.

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How African startups raised investments in 2020

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. Did African startups raise $496M, $1B or $2B in 2019? Fintech startups raised 24.9% Funding raised by Kenyan startups reached $191.4

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How African startups raised venture capital in 2022

TechCrunch

But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Total funding and number of deals Briter Bridges: According to the market intelligence firm, African startups raised $5.4

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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

TechCrunch

It raised $850,000 seed in October 2020. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. Bouhlel says the company has local teachers in every country — over 500 in number — and they teach students in over 12 languages.

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Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation

TechCrunch

Today, a new activity takes us to Morocco, where YC-backed company Chari just raised a $5 million seed round at a valuation of $70million. They never noticed such in Morocco before that, but it became evident after going back to the North African country that local mom and pop stores needed such service.

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Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

TechCrunch

The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year). At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said.

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PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

TechCrunch

PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. It has become quite obvious that this is a very significant financial infrastructure and there’s a lot of it that’s been missing if you want to work serious volume and businesses on mobile money.”

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