TechCrunch

MARCH 16, 2022

Yu believes Sokowatch is now ready for a rebrand as it enters its next growth phase — moving from an East African player to a pan-African one. Still on competition and market play, MarketForce , an asset-light platform, is present in Kenya, Nigeria, Uganda, Tanzania and Rwanda. Sokowatch started as this kind of backend brand.

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TechCrunch

MARCH 19, 2021

The reason lies behind the fact that in this quarter, Nigeria has accounted for 76% of the company’s messaging transactions, while Algeria currently accounts for 15%. Termii’s round is also noteworthy because it strays away from the usual fintech, mobility, agritech and cleantech sectors that investors typically notice.

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TechCrunch

NOVEMBER 29, 2022

Orda , a Nigerian food tech platform that provides a cloud-based restaurant operating system to solve these issues for small, independent restaurants, is announcing that it has secured a $3.4 His conviction lies in the number of vendors it has pulled in, about 600, and the pace at which the food tech onboarded them, in less than a year. .

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System Digital Raise Africa 93

TechCrunch

SEPTEMBER 7, 2022

When CEO Sahir Berry and his co-founder Mahesh Nair founded NowNow in 2016, they wanted to provide solutions to financial inclusion and job creation, two of the most significant pain points they thought were facing Nigeria and the rest of the continent. This product has been made available to a few small businesses to test in a pilot phase.

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TechCrunch

NOVEMBER 3, 2022

Fifteen accelerators from key tech hubs, including Uganda, Egypt, Ghana, South Africa, Senegal, Nigeria, Ivory Coast, Kenya, Rwanda, and Tanzania will participate in the program. “500 has been investing in companies in Africa for a decade and continues to be excited about the growth of the African tech ecosystem.

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TechCrunch

JULY 21, 2021

We are even more excited for this next phase of their growth.” Though headquartered in Los Angeles, the company is basically remote, with more than 300 employees across its major hubs in LA, Lagos, Nigeria, Singapore and Europe. It may not be as glamorous as D2C, but beauty tech is big money.

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TechCrunch

JANUARY 5, 2022

Ghanaian health tech startup mPharma is building a network of community pharmacies across Africa as it plans to be the go-to primary healthcare service provider for millions of people residing in the region. mPharma plans to grow its community ( Mutti ) pharmacies across eight markets in Africa to be the first point of care for patients.

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Fund Africa Ghana Raise 97

TechCrunch

FEBRUARY 13, 2022

In October, Stitch expanded the payment product to Nigeria and, at the time, was on track to facilitate $10 million in monthly payments by December. We recently had a few customers go live in Nigeria, which has been very exciting for us. African tech took center stage in 2021.

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TechCrunch

JANUARY 25, 2022

Companies are phasing from the first generation of AI, which deals with pattern, text and image recognition, to decision-making AI, which helps them make timely decisions in complex spaces. And this holds more true for AI and deep tech technology as long as companies have access to knowledge, talent with experience and an open AI community.

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TechCrunch

OCTOBER 24, 2022

The initial investment phase will run for three years. 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

AUGUST 25, 2021

They share the same values and they’re on a mission that is using a tech-enabled supply chain to optimize food distribution across the continent,” he said in an interview. We are looking forward to continuing our close working relationship with our new team and taking the business to its next phase.”.

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TechCrunch

MAY 18, 2022

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. Nigeria’s Kippa gets $3.2M We have the inventory management components that tie in with how many and which goods are sold.

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TechCrunch

AUGUST 11, 2022

In an email sent from Marketforce CEO Tesh Mbaabu and obtained by TechCrunch, the layoffs were a part of a reorganization strategy in Kenya, one of its five markets which include Nigeria, Rwanda, Uganda and Tanzania. . Layoffs from the African tech scene have been few compared to the rest of the world.

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TechCrunch

SEPTEMBER 15, 2022

Driven by a viable business model, the startup, which also has operations in Uganda and Nigeria, has entered its growth phase and is eyeing more partnerships in a bid to drive mass market insurance adoption in Africa. But it’s a long road ahead of us for sure,” Ted Pantone , Turaco co-founder and CEO, told TechCrunch.

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TechCrunch

NOVEMBER 22, 2022

In its expansion phase, backed by a $3 million pre-seed funding, the startup looks to tap some of the biggest distributors and e-commerce players in Ghana, and later Nigeria, to grow beyond Kenya, Tanzania, Uganda, Zambia and Zimbabwe. Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems.

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Africa Raise Tanzania Ghana 97

Fast Company Tech

MARCH 4, 2025

Other hard-hit countries will include Nigeria, Indonesia, the Philippines, Pakistan, Sudan, and Niger. It’s going to continue afterwards, and temperatures and extreme weather will continue to get worse until we’ve managed to phase out fossil fuels. Low- and middle-income countries would be disproportionately affected.

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TechCrunch

SEPTEMBER 14, 2022

Before fintechs became the standouts of the African tech ecosystem, it was startups in the online logistics and transport space in Africa linking on-demand apps to move people and goods around the continent that was all the rave. Most truck drivers are in the unbanked and underbanked segment in Nigeria. But the show had to go on.

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TechCrunch

OCTOBER 17, 2020

Perhaps it’s another sign of a consolidation phase taking hold in the sector, after a Pre-Cambrian explosion of SaaS startups over the last decade? Nigeria startup scene gets watershed exit with Paystack deal. And what about that IPO market, which was a bit quieter this week? Image Credits: Brent Franson for Paystack.

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TechCrunch

JUNE 29, 2022

Adanian Labs targets idea-phase tech startups, offering them all-round support including capital, advisory and operational backing; building them from the ground up. And so, at Adanian Labs, we are not only building startups, we are building the next generation of African tech experts,” said Murgor, also head of the labs tech team.

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TechCrunch

JUNE 30, 2022

Nigeria is its biggest investment market in Africa, with a portfolio of $570 million. But narrowing this to just Africa, the impact investor is looking to mobilize $6 billion into the continent across these five years, Benson Adenuga , the firm’s head of office and coverage director for Nigeria, told TechCrunch in an interview. “We

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Singularity Hub

MARCH 15, 2025

” Biotechnology This Annual Shot Might Protect Against HIV Infections Jessica Hamzelou | MIT Technology Review “I dont normally get too excited about phase I trials, which usually involve just a handful of volunteers and typically dont tell us much about whether a drug is likely to work. But this trial seems to be different.

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TechCrunch

AUGUST 24, 2023

July 13, 2023 The FTC is reportedly investigating OpenAI The FTC is reportedly in at least the exploratory phase of investigation over whether OpenAI’s flagship ChatGPT conversational AI made “false, misleading, disparaging or harmful” statements about people. Such decisions must not be delegated to unelected tech leaders.

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TechCrunch

JANUARY 17, 2023

And as g amers in sub-Saharan Africa increase to more than 180 million in the next five years, per a report, s tartups such as South Africa-based Carry1st are strategically positioning themselves for this successive growth phase in the industry.

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