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Gozem , a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. It follows the $7 million raised in previous seed rounds via three tranches from investors such as U.S.
Founded by Olaoluwa Awojoodu , the company’s agent banking platform, PayCentre Africa, is present in Nigeria, Niger, Burkina Faso, Ivory Coast and Togo. a “financial super app” with payments, remittance and banking features, is announcing that it has raised $1.5 Today, Yep! , What gives Yep! ” Yep!
Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent , to the tune of $40 million. That business model got WaystoCap into Y Combinator’s Winter batch in 2017, making it the first company accepted from Morocco. “I love the team.
Thus, Sun King has closed its Series D round at $330 million and as a result, raised over $550 million in debt and equity since its inception. Sun King raises $260M to widen clean energy access in Africa, Asia. We are pleased to be partnering with Sun King for the next stage of their impressive growth journey.”.
Armed with a new financing model and purpose-built small solar-powered generators and water pumps, Nichols and Ibrahim have already built a network of customers using their equipment to increase incomes by anywhere from five to 10 times their previous levels by growing higher-value cash crops, cultivating more land and raising more livestock.
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