TechCrunch

FEBRUARY 11, 2021

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. The sequence remained unchanged from Disrupt Africa’s 2019 list as well. million; South Africa, third at $142.5 and Kenya raised $107.6

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TechCrunch

APRIL 18, 2022

But in Africa, Visa and Mastercard dominate the market share; for example, in South Africa, the distribution of cardholders with Visa is 51% compared to Mastercard’s 48%. There are very few markets where domestic card schemes edge out the pair in Africa. Tiger Global is earning its stripes in Africa.

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TechCrunch

OCTOBER 11, 2021

Kenya, on the other hand, is still within its radar as one out of three countries (including Egypt and South Africa) Mono plans to expand into next year. Hassan adds that Mono might complete the move to South Africa via a partnership with Absa bank this year. However, not everyone measures growth this way.

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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

APRIL 26, 2023

These are relevant localized data that have long been left out of the bigger pool of KYC and fraud prevention. Document verification and face recognition and matching comprise Smile Identity’s base-level product that works across Africa. Other prominent use cases include AML checks, customer onboarding and fraud prevention.

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TechCrunch

DECEMBER 8, 2021

Bento , Nigeria’s digital payroll and human resource management platform is expanding to Ghana, Kenya and Rwanda with plans to set up operations in six other markets in Africa over the next one year. In its next phase of expansion, Bento is eyeing Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia by the end of next year.

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TechCrunch

JANUARY 27, 2023

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%.

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TechCrunch

JUNE 8, 2022

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. For investors, it hopes to help them build local market intelligence.

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TechCrunch

OCTOBER 3, 2022

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.

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Recode by Vox

MARCH 8, 2025

An asteroid 12 to 16 miles wide hit the planet more than 2 billion years ago, in what is now Vredefort, South Africa, while another 6 to 10 miles wide hit what is now Sudbury, Ontario 1.85 billion years ago. Which was worrying, because early calculations suggested it had as much as a 3.1

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TechCrunch

JANUARY 6, 2022

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. CEO David Akinin founded JABU in mid-2020 to fix Namibia’s inefficient and almost nonexistent supply chain and distribution.

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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

NOVEMBER 15, 2021

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

DECEMBER 8, 2021

“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. The Impact Rooms team is currently spread across the world with some of its experts in Kenya , Zambia, Ghana, South Africa, Puerto Rico, Australia, US, UK and Switzerland.

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TechCrunch

JANUARY 12, 2022

SeamlessHR has also eaten into the market share of legacy and “on-premise” systems like SAP and Oracle, commonly used by large companies locally. Localization of software also plays a part in SeamlessHR replacing these legacy systems in Nigeria.

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TechCrunch

MAY 4, 2022

. “Providing a framework where people can operate and scale their solutions to several markets at once is incredibly important,” said Onayemi, who also co-founded Future Africa, an Africa-focused VC fund. In addition, Norebase upsells on other services as long as they abide by regulatory and compliance requirements.

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TechCrunch

JANUARY 19, 2022

The South Africa-based company, which currently has a team of 37 people across 18 countries, wants to use this additional capital to scale interactive content across Africa. 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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The Next Web

OCTOBER 15, 2012

But startups are also solving local problems. Startups are aiming for a global, not local market. It was surprising many startups are aiming for a global, not local market. In Rio we stayed with the founders of Resolveai, an Uber clone.

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Tech Soup

DECEMBER 15, 2021

We spoke to four food security organizations in Colombia, Portugal, South Africa, and the United States to better understand the challenges facing organizations working in food security and the ways the pandemic has shifted operations for them.

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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. How Parfait is using AI to upend the $13B custom wig industry.

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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

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. BNPL services are starting to experience strong growth in Africa due to the rapid penetration of e-commerce and the effects of the pandemic.

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TechCrunch

JUNE 9, 2022

The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. Image Credits: By 2030, it is predicted that the number of youths — people between the ages of 15 and 24 — in Africa will increase by 42%, according to the UN.

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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

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

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. That was the year MTN Ghana, a local telecom operator, went public in the West African country after raising about $237 million. “I

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TechCrunch

JANUARY 20, 2021

There are placement agencies in South Africa and Kenya and offline tutoring marketplaces that send people to student homes, but no clear leader from a digital curriculum perspective. 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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The Verge

JUNE 8, 2021

Other countries where Private Relay won’t be available include: Belarus, Colombia, Egypt, Kazakhstan, Saudi Arabia, South Africa, Turkmenistan, Uganda, and the Philippines. The feature was announced during Apple’s Worldwide Developers Conference as part of a new subscription bundle called iCloud Plus.

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Amy Sample Ward

FEBRUARY 19, 2011

Some include the Red Cross, The Weather Channel, local newspapers, Craigslist, and others. Since then, the platform (which is open source ) has been modified for use in South Africa (mapping xenophobic violence), DR Congo , Vote Report India (to monitor the recent local elections) and more.

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TechNode

AUGUST 24, 2023

The Chinese automaker announced on Thursday that it is intensifying its recruitment efforts to establish local sales and service networks. The company plans to commence local sales by the end of this year, following its recent decision to construct a $285 million regional factory. million cars in the overseas markets by 2030.

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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

KlashaCheckout allows merchants outside Africa to collect payments from six countries on the continent — Nigeria, Zambia, Tanzania, Uganda, South Africa and Kenya — and get paid in G20 currencies like dollars, pounds or euros.

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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., country, probably France.”.

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TechCrunch

AUGUST 9, 2022

So far, the company partners with media buying and advertising agencies and works with over 100 local and multinational brands across Africa, the Middle East and South America in the automotive, healthcare and technology industries. Fergany also said Convertedin is eyeing South Africa and India too. “We

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TechCrunch

AUGUST 10, 2022

The 50-person team serves clients mainly from the automotive, semiconductor, rubber and foundry industries, deploying its solution to manufacturing plants based in Japan, China, India, Europe, South Africa, the U.S and South America. based sales office to support customers and partners abroad.”.

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TechCrunch

OCTOBER 24, 2022

Madica said it is also keen on reaching underserved markets in the continent, outside the well-established hubs of Egypt, Kenya, Nigeria, and South Africa. This is part of its push to ensure a pan-African reach by supporting local, and women founders.

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TechCrunch

MAY 30, 2022

Whether SWVL will continue its expansion into new markets such as Colombia, Mexico and South Africa, and the U.S. – All Final Settlements to be taxed as per local requirement. According to a source, the majority of the layoffs will come from the company’s Dubai and Pakistan offices. – All RSU to be considered vested.

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