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This looks like a fascinating event to take place in SouthAfrica this October: The International Conference on Knowledge Economy. Discovery and innovation are no longer a process of fixed linear sequence of phases but is the result of numerous actions of many players.
“With our first adtech business, we never dealt with real estate or property as we could never really service them in this country [SouthAfrica]. When buying and selling homes, if you take SouthAfrica, for example, 40,000 agents are marketing 300,000 listings at any time.
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, SouthAfrica, Uganda, Tanzania, Angola and Ethiopia by the end of next year.
In April 2021, Stitch launched its payments product in SouthAfrica and noticed a 50% month-on-month growth in payments volume the following six months. We will look at adding data and identity this year, as well as deepening the payments set similarly to how we have it in SouthAfrica.”. Image Credits: Stitch.
The continent’s $115 billion digital economy is in its early phases. Much of the growth so far has been concentrated in four key markets: Nigeria, SouthAfrica, Kenya and Egypt. It calls Nigeria Africa’s largest internet economy and SouthAfrica the continent’s most inclusive internet country.
SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion.
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.
However, it wasn’t until two years later that Njeru joined fulltime as he had a six-year engagement with Deloitte SouthAfrica from 2012 as a consultant actuary. The pair both act as co-CEOs. “With our latest funding, now is the time to break into new ground. “The
Other telehealth startups in the telemedicine space across Africa include Ghanaian health tech startup mPharma which revealed plans to set-up 100 virtual centers in its markets by the first quarter of the year and Quro Medical, a SouthAfrica startup, which offers home care complemented by telemedicine service.
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. When InstaDeep launched, Africa wasn’t in the picture detailing AI’s contribution to global economic growth.
In the checkout phase, we plan to introduce a very secure payment method…limited by time or value. In terms of maturity within the tech ecosystem, Nigeria is probably one of the best markets in Africa, competing directly with Egypt, SouthAfrica and a couple of others,” said El-Said.
Schwab Foundation board members Paolo Coehlo (the noted Brazilian author), Zanelle Mbeki (first lady of SouthAfrica) and Hilde Schwab, the co-founder of the Schwab Foundation. But, tonight I'll be in Davos and getting ready for the next phase of this trip! It was a gratifying couple of days, and I've only scratched the surface.
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 SouthAfrica. This is part of its push to ensure a pan-African reach by supporting local, and women founders.
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. TradeDepot , on the other hand, operates an asset-heavy model across Nigeria, Ghana and SouthAfrica. However, the recent entry into Ivory Coast and Senegal somewhat forced its hand.
Others include expanding its network of restaurants and continuing its pan-African expansion drive (into SouthAfrica and much later, Ivory Coast). Africa’s food tech platforms, despite playing in a nascent ecosystem, are catching the eye of investors these days.
and SouthAfrica. We’re very deep in the research phase and quick iteration cycle to figure out the initial product we want to launch at a greater scale in 12 markets,” said the CEO who founded Bamba with Martin Schramm in January. In 2018, he started a pre-school chain based in the U.K.
So, to help these ideas come to life, our next phase will focus on working directly with farmers and those in the field to get their feedback, and shape a useful, scalable, sustainable solution. He started his career at a digital solutions start-up in SouthAfrica, and for the past 4 years, he’s been part of the WFP technology team.
The honeymoon phase is over and we’re in that mid-campaign slump… Have no fear though, it happens with every peer-to-peer campaign. If S/HE raises $3,000, S/HE could qualify for a trip to one of their programs in SouthAfrica! Hi Fundraisers, It’s official.
Momconnect is a bot developed by the Praekelt Maternal Health , an initiative that uses mobile technology to improve the health of pregnant women, newborns and infants in SouthAfrica. Nonprofit adoption of bots is in the early adopter phase although we are well into the next technology disruption: automation. Conclusion.
New report examines Africa’s growth in the digital economy and VC investment landscape. The idea to build Adanian Labs, was conceived in 2018, when Kamara was living and working in Cape Town, SouthAfrica, where he witnessed the fast growth of the startup ecosystem, and how, in most countries, accelerators were the default launch pads.
Across emerging markets in Africa, Latin America and Southeast Asia, most ride-hailing drivers don’t have access to car financing. That was the model FlexClub launched in SouthAfrica, and after raising $1.2 SouthAfrica’s FlexClub raises $1.2M, partners with Uber Mexico. million, it expanded to Mexico.
In matured markets such as SouthAfrica, Adenuga said BII will have an on-the-ground presence and offer its full suite of services ranging from climate finance, funding for financial inclusion, and equity and debt financing. They include mature, powerhouse, stable and fragile markets.
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 SouthAfrica-based Carry1st are strategically positioning themselves for this successive growth phase in the industry. Image Credits: Carry1st.
and you kind of go through your rebel phase. But then you go overseas, and my experience, in Israel and Palestine and London and SouthAfrica, Mozambique, people ask you, "What the heck are you doing over there? The other thing is that a lot of folks, I think when you're young it's like, oh yeah, you kind of hate the U.S.,
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