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FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked

TechCrunch

One of the startups working toward this vision is Zimbabwe’s FlexID, which is building a blockchain-based identity system for those excluded from the banking system due to their lack of identity documents. In Zimbabwe, for instance, only 30% of the adult population had access to any financial services as of 2014. million in 2016.

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South Africa’s Talk360 raises $4M to build single payment platform for Africa

TechCrunch

This is a gap that Talk360 is looking to bridge as it creates a new payment platform that will integrate all available payment options across Africa. He added that the startup decided to build its own payment platform informed by the need to make payment and checkout easy for its users in Africa.

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This pan-African freelance platform is the first Zimbabwean startup backed by Techstars

TechCrunch

The accelerator, which has accepted only a handful of African startups, included one from Zimbabwe in this class. When a job is posted on its platform, the company claims that they save the customer the trouble of perusing thousands of freelancers profiles and portfolios. Roger Roman (co-founder). Image Cedits: AfriBlocks.

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8 Ways Nonprofits Can Help P2P Fundraisers Meet & Exceed Their Goals

Nonprofit Tech for Good

This year, we fundraised for Grassroot Soccer —an organization that leverages the power of soccer to educate, inspire, and mobilize at-risk youth in developing countries—and exceeded our $60,000 goal and raised a total of $72,000. They are an awesome organization that was founded by two professional “futball” players from Zimbabwe.

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Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in Africa

TechCrunch

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. Kenyan tech-enabled logistics platform Amitruck raises $4 million, embarks on Uganda, Tanzania expansion.

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Pangea to unlock diaspora remittances as funding source for African startups

TechCrunch

Norway’s Pangea Trust, through its equity crowdfunding platform Connect , is unlocking diaspora remittance inflows as funding source for early and growth-stage startups in Africa. Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries.

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CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation.