TechCrunch

FEBRUARY 1, 2022

Nigeria has a population of almost 200 million, with 60% under the age of 25. That’s one of the reasons we launched AltSchool because if a lot of people can have marketable skills, then I think we can solve a massive problem in the market.”. Nigeria’s Decagon raises millions to finance and train software engineers.

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Nigeria Alternative Build Raise 139

TechCrunch

NOVEMBER 18, 2021

Millions of small businesses globally, especially in emerging markets, have stayed offline for the better part of the past decade. In Nigeria, some go to the extent of keeping information offhand. Due to that, most of them still rely on scribbles using pen and paper or ledgers for bookkeeping and storing important information.

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TechCrunch

DECEMBER 6, 2021

Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot , a Nigeria- and U.S.-based A large majority of small and medium-sized businesses in Nigeria and across Africa are offline.

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Africa Nigeria Service Raise 101

TechCrunch

SEPTEMBER 12, 2022

Kippa said the investment will allow it to develop financial products that help SMEs grow their businesses and grow its team in Nigeria. Before such solutions, many of these businesses ran operations such as managing money, inventory tracking, and records of staff and suppliers offline, mainly with pen and paper or ledgers.

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TechCrunch

AUGUST 5, 2021

What followed was the launch of MVXtransit, a digital freight booking platform, helping cargo owners find deals on moving containers across Nigeria. The market for cross-border logistics services is said to hit revenues of $32 billion by 2025. Multiple companies are needed for the market to reach its full potential.

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TechCrunch

SEPTEMBER 23, 2021

Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Zola Electric , one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy. The company has evolved since then. “More than 2.2

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TechCrunch

JUNE 22, 2022

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. Online pharmacy regulations have been launched in Nigeria and Ghana and are in development in Kenya and Uganda. As such, their growth has been rapid, Salient says.

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TechCrunch

FEBRUARY 2, 2021

After leaving the Stripe-owned company in 2019, he launched a data startup called Voyance where Singh, who had already exited one of his products — Transferpay.ng , an offline payments startup — was a software engineer. Stripe acquires Nigeria’s Paystack for $200M+ to expand into the African continent.

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Africa Nigeria Build API 108

TechCrunch

FEBRUARY 3, 2022

It provides merchants via its PalmPartner app with online payment and offline POS acquiring services and plans to introduce digital marketing services soon. PalmPay launches in Nigeria on $40M round led by China’s Transsion. The unicorn has a presence in Nigeria and Egypt.

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Nigeria Ghana Africa Raise 87

TechCrunch

MARCH 3, 2022

In a market where internet-enabled app-based banking can reach 300 million subscribers on the continent, USSD technology, predominantly offline and used mainly by feature phones, outpaces it with 850 million connections. And so what we’re doing is building for them, because despite having a smartphone, they want to be offline.

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TechCrunch

AUGUST 15, 2022

In Nigeria alone, this industry, worth more than $200 billion, consists of over 40 million businesses of varying sizes, according to reports. Traditional retail in the country comprises small kiosks and open-air markets selling various products from food and beverages and groceries to personal care products and stationery.

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Digital Nigeria Raise Platform 91

TechCrunch

JANUARY 17, 2022

The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak , has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. But a few startups are paying attention to the market, positioning themselves to become top players when it matures.

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TechCrunch

FEBRUARY 15, 2022

The new payment option is set to encourage shoppers to transact online because Egypt is currently a predominantly cash-on-delivery market, which El-Said said is a “costly operation for merchants.”. Offline payment is also a costly option for buyers as it comes with a cash-on-delivery fee. It’s quite the right market.

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Contact Egypt Platform Nigeria 89

TechCrunch

MARCH 18, 2021

AMC BV is an Airtel Africa subsidiary and the holding company for several of Airtel Africa’s mobile money operations across 14 African countries, including Kenya, Uganda, and Nigeria. Typically , these services are present across countries of operation except Nigeria. million and 9.7% ARPU growth.

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Africa Mobile Money Fund 88

TechCrunch

NOVEMBER 29, 2022

With limited access to technology, these restaurants typically resort to using offline methods, including pen and paper, for things like manual reconciliation and inventory management. “We’re seeing fast-paced growth in Nigeria and Kenya with a retention rate of above 95%,” Futi added. . The two-year-old startup raised $1.1

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System Digital Raise Africa 93

TechCrunch

MARCH 9, 2022

And for some countries like Nigeria, customers need to accurately provide their addresses to financial institutions such as banks and fintechs to set up bank and other accounts. OkHi is tackling these challenges in Nigeria with its technology and has raised a $1.5 million seed extension to scale its efforts.

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TechCrunch

DECEMBER 9, 2021

Founded by Nigerian serial founder Sim Shagaya in 2019, uLesson came into the market when the pandemic hit last year. As a young company, it has had to switch business models a couple of times to see what sticks in a very tough African market. Nigeria remains uLesson’s largest market by far, said Shagaya.

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TechCrunch

JUNE 9, 2022

In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. It also plans to deepen its presence in the countries already present, especially Egypt and Nigeria. They operate online-only or hybrid models (a combination of offline and online settings).

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TechCrunch

JANUARY 10, 2022

Loyalty, deals and rewards services are a rarity in most African markets. The company plans to use the investment to expand within its home market Nigeria — where it operates in Lagos, Port Harcourt and Abuja — and outside to Ghana and Kenya. It also wants to improve its product offerings and add more staff.

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Service Build Kenya Africa 96

TechCrunch

JUNE 28, 2021

In 2017, Cars45 raised $5 million from Frontier Car Group (FCG) , the Berlin-based company that builds used-car marketplaces focusing on emerging markets. With today’s news, it seems OLX Group might have washed its hands of most of its businesses in African markets, except South Africa. So it’s important to clear that up.

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TechCrunch

APRIL 28, 2021

Nigeria’s SME market alone is valued at $220 billion annually. Since most consumer behavior for these SMEs happens offline, Ajua gives businesses unique USSD codes to receive payments, get feedback and offer discounts to their customers. Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion.

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Experiment Nigeria Africa Kenya 77

TechCrunch

JANUARY 27, 2022

The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. Whether that’ll happen remains to be seen.

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TechCrunch

FEBRUARY 10, 2023

The luxury goods market in Africa and the Middle East was worth over $35 billion in 2019, with designer apparel and footwear generating more than $7 billion in retail alone. for relatives back in Nigeria. Nigeria, Ghana, and the U.S., markets representing the most affluent black and diasporan neighborhoods.

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Africa Platform Fund Raise 95

TechCrunch

FEBRUARY 21, 2022

Experts say Africa is poised to be disrupted by web3 in a similar fashion that has seen Southeast Asia become one of the best markets for web3. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets. Nigeria-based Nestcoin , for instance, raised $6.4 million in seed funding.

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Africa Equatorial Guinea Congo Raise 96

TechCrunch

SEPTEMBER 22, 2021

In an interview with TechCrunch, Roman said when the team began market research to understand how Kenyans saved, they were intrigued to discover that many people were dissatisfied with the current traditional saving options. I think that’s a differentiator for us in the market,” said the CEO.

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TechCrunch

FEBRUARY 4, 2021

They allow shoppers to purchase products online and pay in installments with nominal or no fees, and have become more prominent due to how the pandemic accelerated e-commerce market growth around the world. The case of finding a market need and product-market fit was slightly different for Egyptian digital lending platform Shahry.

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TechCrunch

JANUARY 4, 2022

Fintechs dominated the fundraising, accounting for nearly $3 billion, or two thirds of all the investment realized by startups across the continent last year, a report by markets insights firm Briter Bridges shows. Many more lending apps have since emerged in the market including Silicon Valley backed Tala and Branch.

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Beth's Blog: How Nonprofits Can Use Social Media

APRIL 20, 2007

She notes, "It doesn't specifically talk about open content, but discusses online and offline content income models in depth, with numbers." Election observers across Nigeria will be using mobile phones to text officials if they spot irregularities during Saturday's election. Check out Greenlight Nigeria and Mobile Monitors.

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Netsquared Nptech Summary Project 50

NonProfit Hub

OCTOBER 16, 2015

Beth has over 30 years working in the nonprofit sector in technology, training, capacity building, evaluation, fundraising and marketing. Beth is an expert in facilitating online and offline peer learning, curriculum development based on traditional adult learning theory and other instructional approaches.

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Social Social Media Student Cancer 28

TechCrunch

MARCH 24, 2021

Nigeria remains a largely cash-dominated country. Founded by Tomilola Adejana and Fredrick Adams in 2018, Bankly is digitizing the informal thrift collections system known with different names such as esusu or ajo in Nigeria. Now we have built the agent network and are poised to serve customers directly via offline and online channels.

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Nigeria Raise Offline Phase 145

TechCrunch

JANUARY 20, 2021

ULesson , an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 ULesson launched into the market just weeks before the World Health Organization declared the coronavirus a pandemic. million in Series A funding.

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TechCrunch

APRIL 8, 2021

While Nigeria and Kenya have been at the forefront of African fintech innovation, activities in Egypt are beginning to shape up nicely. “ Their market opportunity is also huge; Egypt’s transformation to a cashless society is being enabled by the unique products Paymob has built.” million Series A round.

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