TechCrunch

DECEMBER 1, 2022

Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization. Niche local brands are also emerging to offer tailored beauty and skin care products. Uncover is scaling its operations in Kenya and expanding to Nigeria in January.

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TechCrunch

JANUARY 12, 2022

SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion.

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TechCrunch

FEBRUARY 11, 2021

Knife Capital , a South African venture capital firm, is raising a $50 million fund for startups looking to raise Series B financing. With Knife Fund III called the African Series B Expansion Fund, the firm seeks to directly invest in the aggressive expansion of South African breakout companies. and Europe.

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TechCrunch

DECEMBER 9, 2021

Though BNPL has taken off in most parts of the world, it’s yet to pick up steam in Africa. But in countries such as South Africa and Egypt, there is a newfound surge in demand for such services. But there’s a little twist to Sympl’s offerings which the founders made in a bid to localize its product for the Egyptian market.

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TechCrunch

OCTOBER 11, 2021

Mono , an African startup that helps connect consumers’ bank accounts to financial applications, has raised a $15 million Series A round, the company confirmed to TechCrunch today. Open finance players in Africa like Mono — mirroring Plaid’s success in the U.S. More than half of the population is either unbanked or underbanked.

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TechCrunch

FEBRUARY 24, 2021

Stitch , a South African fintech startup, is one of them and today, it is coming out of stealth and announcing its seed round of $4 million. This makes it the largest round raised by any API fintech startup in Africa at the moment. The founders draw on prior experience building API products for local markets in the past.

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TechCrunch

NOVEMBER 15, 2021

The company has raised $3.4 The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. Kassim said the company is conducting tests with merchants in Nigeria and South Africa and expects to launch both markets in the near future. . Australia and Asia.

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TechCrunch

MAY 31, 2022

This is a gap that Talk360 is looking to bridge as it creates a new payment platform that will integrate all available payment options across Africa. This product, it says, will open up businesses to the largest pool of localized payment options in Africa.

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TechCrunch

JUNE 9, 2022

It raised $850,000 seed in October 2020. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. 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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TechCrunch

SEPTEMBER 21, 2022

Per reports , major regional exchanges in Africa have raised over $80 billion in equity capital markets and $240 billion in debt capital markets. While local retail apps such as Bamboo and Chaka offer U.S. To bolster its efforts, it has also raised $1.6 Nigeria is a silo, same with Ghana, Kenya and South Africa etc.

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TechCrunch

MARCH 29, 2022

Churpy , a fintech startup based in Kenya, is looking to expand across Africa by setting up hubs in Egypt, Nigeria and South Africa for a planned continent-wide growth, driven by the $1 million in seed funding it has just raised.

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TechCrunch

OCTOBER 3, 2022

Months after the initial close of its seed round, Talk360 , a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million. South Africa’s Talk360 raises $4M to build single payment platform for Africa.

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TechCrunch

JANUARY 6, 2022

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 Its platform connects over 6,000 retailers to local and multinational suppliers — such as Namibia Breweries Limited, ABInBev, Bokomo, Coca-Cola, Namibmills — and digitizes orders, payments and logistics. million financing round.

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TechCrunch

JANUARY 27, 2022

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. In that time, NALA built a mobile money service in East Africa and scaled it to more than 250,000 users. “We and the E.U., and the U.S.

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TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Fergany also said Convertedin is eyeing South Africa and India too. “We Other participating investors include 500 Global and MSAS.

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TechCrunch

JANUARY 20, 2022

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

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TechCrunch

DECEMBER 8, 2021

Impact Rooms offers well-rounded solutions for startup problems, from ensuring that they are investor-ready and are matched with the right investors, to raising capital. 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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TechCrunch

AUGUST 26, 2021

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. PawaPay handles local operations, compliance, regulatory cover and bank accounts, making it simple to receive payments in a new market. It’s literally a no-brainer.

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TechCrunch

JANUARY 19, 2022

Carry1st , a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z). So we’ve built out our monetization engine to allow users to be able to pay for content that they want more easily across Africa.”.

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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%. The local investors involved are all founders.

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TechCrunch

JANUARY 20, 2021

ULesson , an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 Sim Shagaya’s uLesson African edtech startup raises $3.1M. Everybody sees that Africa is a big opportunity,” Shagaya said. But everybody also sees that you need a local team to execute on this.”.

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TechCrunch

OCTOBER 5, 2021

The average penetration rate for insurance in Africa is between 3% to 5%. South Africa makes up a large bulk of it; without it, the continent is on a 1% to 2% rate even with other developed technology and financial markets like Kenya, Nigeria and Egypt. million seed round to provide insurance services for Egyptians.

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TechCrunch

JANUARY 17, 2022

There are two kinds of restaurants where the majority of our focus is on — the bukkas [local restaurants] and the small restaurants, for instance,” Orda co-founder and CEO Guy Futi told TechCrunch in an interview. With its cloud-based software, Orda wants these businesses not to rely on manual ways of managing their businesses. .

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TechCrunch

JUNE 22, 2022

At the same time, Stambolis said it was pretty clear that more developed ecosystems such as Silicon Valley didn’t care much about meeting struggling regions’ local health and development targets. Zenysis — which raised a $2.8 But despite that, Zenysis’s data platform and the government’s vaccine campaign provided a positive outcome.

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TechCrunch

NOVEMBER 3, 2022

The program, dubbed Bootcamp for Accelerator Managers (BAM), will use project-based teaching and real-world scenarios informed by 500 Global’s work running over 80 accelerator programs across the globe, and GIZ’s Make-IT in Africa experience in igniting innovation on the continent.

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TechCrunch

JUNE 7, 2022

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. Lagos and San Francisco-based Klasha has received an additional $2.1

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TechCrunch

SEPTEMBER 22, 2022

The startup announced today that it has raised $4 million to expand in markets like the United States, United Kingdom and Australia. Australia, South Africa and India, with plans to add more markets next month. That’s why Binocs was founded. Binocs is currently tax compliant in the U.S.,

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TechCrunch

OCTOBER 27, 2020

” 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. Preventing food waste nets Apeel $250 million from Singapore’s government, Oprah and Katy Perry.

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TechCrunch

OCTOBER 5, 2022

Cloudy day : Google’s first cloud region in Africa launched in South Africa. We take your sale and raise you one : Walmart is not letting Amazon’s Prime Early Access Sale get the best of it and is countering with its own sale , Aisha reports. Let’s join hands and jump in at the same time, shall we? The TechCrunch Top 3.

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TechCrunch

SEPTEMBER 23, 2022

Nigeria’s YC-backed Remedial Health raises $4.4M As the adoption of telehealth continues, Ponea targets to grow its customer base by 500,000 in the next three years, and establish a presence in four other markets including South Africa, Nigeria, Egypt and Morocco. “We seed funding. To date, Ponea has attracted $4.3

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TechCrunch

JULY 13, 2022

His win came when the global appetite for Amapiano, a style of house music that emerged in South Africa , and Afrobeats, a popular music genre that originated from Western Africa , had increased exponentially. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.

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TechCrunch

JULY 26, 2021

Voltron will be deploying capital to roughly 30 startups, mostly in pre-seed and seed-stage across Africa, in a bid to “address the severe lack of access to early-stage funding for African tech companies.” Say, for instance, a founder is looking to raise $300,000, Soyombo can typically invest $50,000 of his own money.

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TechCrunch

APRIL 22, 2021

On the other hand, the Venture Build program is for founders wanting to launch a startup in Africa, who may or may not have a concept or an idea. . These startups, mainly from Ghana, Kenya, Nigeria and South Africa, have collectively raised more than $7 million during and after the program.

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TechCrunch

SEPTEMBER 30, 2021

The lack of interoperability between African currencies is primarily behind why a Kenyan business owner who wants to pay an invoice to another business owner in South Africa with either shillings or rands ends up using the dollar — the currency that powers almost 80% of Africa’s bilateral trade.

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ASU Lodestar Center

APRIL 12, 2013

Note: This article will focus on international development from my perspective working in an African country, although the questions raised are pertinent to any “developed” country or continent’s relationship to a “developing” region. I learned I could and should offer assistance to local citizens who asked for it. As part of a.

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TechCrunch

JUNE 30, 2022

. “If these global funds pull out and do less, it also means more room for participation from local funds into the extensions or their pre-Series A.” Similarly large firms that earmarked a part of their funds into African startups might reduce the pace at which they invest on the continent, local investors told TechCrunch.

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Beth's Blog: How Nonprofits Can Use Social Media

DECEMBER 8, 2009

Maybe your question is about inter-organizational connections in your issue system (eg: agriculture, finance, housing) – it may be local, regional or global. 2) Consult with the bridging organizations as key informants and perhaps engage them in initial convening to form a GRI South Africa network; and.

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