TechCrunch

FEBRUARY 3, 2022

Africa-focused payments startup PalmPay raised a $100 million Series A round last year. 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.

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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. Pastel , a startup in the second category which has been under the radar for more than a year, is announcing a seed raise of $5.5 million led by pan-African venture capital firm TLcom Capital.

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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. Nigerian startup Kippa , attempting to improve the life cycle of these small businesses with its finance management app, has raised $3.2

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TechCrunch

SEPTEMBER 12, 2022

Kippa , the Nigerian startup improving the lifecycle of small businesses across the country with its financial management and payments platform, has raised $8.4 Kippa said the investment will allow it to develop financial products that help SMEs grow their businesses and grow its team in Nigeria. Nigeria’s Kippa gets $3.2M

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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. The report says 36% of all-time funding reported by the health supply chain startups it profiled was raised in the last 12 months. So we wouldn’t expect them to be raising large sums just yet.

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TechCrunch

NOVEMBER 29, 2022

The two-year-old startup raised $1.1 million in pre-seed funding this January, bringing its total funding raised this year to $4.5 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. “Our

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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. For instance, Ghana’s Jetstream offers a similar service and raised $3 million two months ago. And also, we see a huge potential in the offline market.

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TechCrunch

DECEMBER 15, 2021

For years, offline test preparation centers in Nigeria have provided after-school guidance and tutoring to students who seek to pass entrance examinations. Today, the Lagos- and London-based startup, which builds online education content and offers online tutoring for students and their parents, raised $3.5 Like in the U.S.,

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TechCrunch

FEBRUARY 10, 2023

Jendaya , a one-year-old startup that acts as a gateway for global luxury brands to the African continent and for consumers in the rest of the world to discover African brands, is coming out stealth, having raised £1 million (~$1.2 for relatives back in Nigeria. Nigeria, Ghana, and the U.S., million) in pre-seed funding.

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TechCrunch

DECEMBER 9, 2021

The investment, which comes 11 months after uLesson raised a $7.5 The company uses 180 field sales agents to onboard schools and individual users across Nigeria, Uganda, Kenya and Ghana , the countries receiving the most marketing attention from uLesson. Nigeria remains uLesson’s largest market by far, said Shagaya.

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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 It opens up the world for us to do all kinds of really amazing things we’ve wanted to do in the world of edtech that you can’t do in a strictly offline sense,” the founder added.

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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. Nala has built a hassle-free, offline mobile money payment platform for Africa. With Africa being the most expensive region to send money to, with 10.6%

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TechCrunch

JUNE 9, 2022

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. It also plans to deepen its presence in the countries already present, especially Egypt and Nigeria. This brings GOMYCODE’s total financing to $8.85

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TechCrunch

MARCH 3, 2022

Stax , a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised a $2.2 And so what we’re doing is building for them, because despite having a smartphone, they want to be offline. Nigeria and Kenya. million seed extension round. Enter Stax.

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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 The round brings its total seed raise to $3 million. .

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TechCrunch

JANUARY 17, 2022

While big restaurants and restaurant chains are often capable of setting their management systems or using well-known point-of-sale providers, thousands of smaller restaurants in Africa rely on offline methods such as pen and paper to produce receipts and make reconciliations. Currently , Orda charges restaurants between $5 (~?2,500)

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TechCrunch

MARCH 18, 2021

In February, London-listed telecom, Airtel Africa , said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. Typically , these services are present across countries of operation except Nigeria. to $110 million, largely driven by 29% growth in the customer base to 21.5

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TechCrunch

JANUARY 10, 2022

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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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. In 2019, the Naspers-owned online marketplace sold its assets in Nigeria, Ghana, Kenya, Tanzania and Uganda to the seven-year-old classifieds player.

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TechCrunch

APRIL 28, 2021

Per Crunchbase , WayaWaya has just raised $75,000. Although the two companies did not disclose the financial details of the acquisition, Ajua is expected to have paid 10 times more than WayaWaya’s total raise. Nigeria’s SME market alone is valued at $220 billion annually. million, according to Crunchbase.

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TechCrunch

JANUARY 4, 2022

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. This amount was double the previous year’s investment, and nine times what was raised five years ago, an indication of how much the startup scene has transformed over the last few years.

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TechCrunch

SEPTEMBER 23, 2021

” The $90 million funding raised is a combination of debt and equity, $45 million each. With a similarity to the offline grid, Infinity connects to all the loads in a residence or business place and controls them digitally while providing data and analytics in the process. “These are the core differences. .”

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TechCrunch

SEPTEMBER 22, 2021

Apart from being offline models, savings with microfinance banks, cooperatives and informal saving groups have manual, expensive and opaque processes. But collaboration between banks and fintech in Kenya is quite exasperating and even lags that of Nigeria, a country riddled with its own set of regulatory challenges.

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TechCrunch

FEBRUARY 4, 2021

Carbon has been lending in Nigeria for nearly 10 years, so we have a lot of credit history of our customers, and we believe we can assess new customers very well,” Chijioke Dozie, the company’s CEO, told TechCrunch. . Partnering with merchants and raising capital to compete. ”

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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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NonProfit Hub

OCTOBER 16, 2015

Beth is an expert in facilitating online and offline peer learning, curriculum development based on traditional adult learning theory and other instructional approaches. While there are larger numbers of Gen Z in India, China and Nigeria compared to UK or US, they are truly a global organization.

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TechCrunch

FEBRUARY 8, 2022

Let’s say you’re a freelance engineer in Nigeria working for a U.S. A few issues using third parties or a Bureau De Change, or BDC as commonly known in Nigeria, include inflated rates, you can only access them for specific hours, proximity and there are chances you’d get cheated. Grey has grown to transact north of $1 million monthly.

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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. In July 2020, Paymob raised $3.5 In July 2020, Paymob raised $3.5 An additional $15 million was raised from the same investors led by Dubai-based VC firm Global Ventures.

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TechCrunch

NOVEMBER 16, 2021

Shared transportation in Nigeria, Africa’s largest country by population, is a thriving business, at least when done the conventional way: offline. After years of bootstrapping, the company has raised $1.6 million in seed funding from several investors to blitz scale within and outside Nigeria. Despite raising just ?

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TechCrunch

SEPTEMBER 10, 2022

Countries such as Nigeria, Kenya and South Africa are majorly responsible for skyrocketing adoption rates as citizens try to hedge against currency devaluation and build wealth. In the latest development, one such company, Bitmama , has raised a pre-seed extension of $1.65

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TechCrunch

FEBRUARY 21, 2022

Jambo , a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets. million in seed funding.

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