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Senegal’s logistics tech startup Chargel raises $2.5M seed funding

TechCrunch

We realized that there were so many inefficiencies, and that the logistics sector in Senegal was so fragmented, but we felt that technology could help. In its next phase of growth, it is opening up its platform to more clients, as it had limited access to 10 companies. And that is how their logistics tech startup, Chargel , was born.

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Norebase raises $1M to allow companies start, scale, and operate in any African country

TechCrunch

His experience from this activity, coupled with working as a technical adviser to the vice president’s office in Nigeria a couple of months back, led him to launch Norebase , a trade tech startup that has raised $1 million in a pre-seed round. “From telling us to set up takes days. Here’s a use case on how it works.

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Senegalese logistics and delivery company PAPS raises $4.5M led by 4DX Ventures and Orange

TechCrunch

PAPS , a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics services. Today the company is announcing that it has raised a $4.5 Merchants can also schedule deliveries on the platform.

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Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

TechCrunch

B2B retail and e-commerce platforms have primarily tried to fix these inefficient supply chains over the last couple of years and have received substantial investor backing since the pandemic. However, the recent entry into Ivory Coast and Senegal somewhat forced its hand. Sokowatch started as this kind of backend brand.

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Cameroon’s Ejara raises $2M to offer crypto and investment services in Francophone Africa

TechCrunch

To that end, Ejara , a one-year-old company founded by Nelly Chatue-Diop, has raised $2 million to pioneer the usage of crypto and investment services in the region. There are users, moms in particular, that use the platform to invest in their kids’ college education. CoinShares Ventures and Anthemis Group led the round.

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Nigerian fintech Appzone raises $10M for expansion and proprietary technology

TechCrunch

Appzone platforms are used by 18 commercial banks and more than 450 microfinance banks in Africa. Other countries with a presence include the Democratic Republic of Congo, Ghana, Gambia, Guinea, Tanzania and Senegal. Four years later, it raised $2.5 But overall , the company says it has raised $15 million in equity funding.

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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018. . They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique. million farmers.

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