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In its next phase of expansion, Bento is eyeing Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia by the end of next year. 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.
And what started in Kenya soon scaled into neighboring East African markets Tanzania, Rwanda and Uganda in 2018. 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. However, the recent entry into Ivory Coast and Senegal somewhat forced its hand.
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.
All the aforementioned startups are founded in Kenya, but others from Ethiopia and Somalia will be supported during the pilot phase, with plans to scale to five more countries including Rwanda, Tanzania and Zimbabwe over the next one year. Fintechs in Africa continue to overshadow all other startups in funding gained.
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. . Mbaabu confirmed the news on a call with TechCrunch, adding that the company let go of 54 people.
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. We believe that the next phase of this evolution will be led by home-grown accelerators, like the ones joining BAM,” said Dieng.
They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique. We are confident of Pula’s potential for growth in spite of the pandemic and look forward to partnering with them as they execute the next phase of their journey,” he said in a statement. million farmers.
In its next phase of growth, it is opening up its platform to more clients, as it had limited access to 10 companies. Chargel, which came out of stealth last year, matches shippers with transporters, digitizing processes that were previously largely offline. Its exploration of new growth avenues is backed by a $2.5
Adanian Labs targets idea-phase tech startups, offering them all-round support including capital, advisory and operational backing; building them from the ground up. Compelled to offer more value to startups, the co-founders launched Adanian Labs in Kenya, joining other players, like Nailab , in the space. Image Credits: Adanian Labs.
Upstart and the Stellar Development Foundation (SDF), two investors in the round, are critical to this next phase of growth for Tala. Like Tala, Branch started as a digital lender offering loans to customers in Nigeria, Kenya, Tanzania and India.
It expands on initial research, which introduced the Solution Development Framework, a phased-approach to discover, design, implement, and maintain sustainable solutions that meet nonprofit needs. Guiding questions for the discovery assessment phase of a pro bono technology project. You can now get a copy sent straight to your inbox.
MarketForce, which was launched in Uganda, Tanzania and Rwanda last year after growing beyond Kenya and Nigeria , plans to introduce buy-now-pay-later (BNPL) options to help merchants access fast-moving-consumer-goods (FMCGs) on credit. “We’re It also comes seven months after the startup raised $2 million in a pre-Series A round.
fintech with operations in Uganda, Rwanda, Mozambique, Tanzania and Kenya. The founders told TechCrunch that they have made several key hires for Umba’s new phase of geographical growth, including the ex-CFO of Interswitch and senior staff from Zynga.
Right before Thanksgiving, the TweetsGiving effort helped Epic Change raise over $10,000 in 48 hours to build a classroom in Tanzania seeking $10 donations. Phase two: All of the cities should be linked up to the homepage. Phase two: All of the cities should be linked up to the homepage.
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. These ideas are just the start. In order to make them successful, we need the input of those using a potential solution. Dun-Ying Vicki Yu.
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