TechCrunch

JULY 13, 2022

Wave, an African fintech that offers mobile money services in Senegal and Ivory Coast, laid off about 15% of its workforce last month. The company, which operated a stealth launch two years prior in Senegal, has since raised over $290 million in equity and debt capital funding to date. Germany, Nigeria and the U.K.

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TechCrunch

SEPTEMBER 7, 2021

and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. ” In 2018, the product was piloted as Wave in Senegal but it was still within the Sendwave ecosystem. In June, the telecom operator stopped users in Senegal from purchasing Orange airtime via Wave’s mobile application.

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TechCrunch

JANUARY 27, 2023

But before that, there was shared optimism that African startups would raise more VC funding last year than in 2021 when the continent, for the first time, passed the $4-5 billion threshold. Total funding and number of deals Briter Bridges: According to the market intelligence firm, African startups raised $5.4

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TechCrunch

OCTOBER 6, 2021

Today, a new activity takes us to Morocco, where YC-backed company Chari just raised a $5 million seed round at a valuation of $70million. In August, Chari received fresh competition when regional player MaxAB , who, after raising $55 million, moved into the country by acquiring another YC-backed company, WaystoCap , for an undisclosed sum.

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TechCrunch

JUNE 9, 2022

It raised $850,000 seed in October 2020. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. This brings GOMYCODE’s total financing to $8.85 One of its investors from the seed round, Wamda Capital, doubled down in this new financing.

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TechCrunch

DECEMBER 20, 2021

The company has now raised more than $80 million, and while it is not disclosing its valuation, PitchBook data notes that it is $715 million as of this round (which appears to have closed earlier in the year).

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TechCrunch

AUGUST 26, 2021

The West African region also grew the most in terms of transaction value by 46%, to over $178 billion, and countries like Ghana, Senegal and Ivory Coast are leading the charge, which presents a vast opportunity for these payment gateway providers, unlike the card payments market where two countries are prominent. .

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TechCrunch

APRIL 28, 2023

years” for Africa, including “the first time the monthly amount of funding raised by start-ups in Africa dipped below the $100 million mark since 2020,” by The Big Deal, a publication focused on the venture and startup market on the continent. Chargel, based in Senegal, recently raised $2.5

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TechCrunch

MARCH 15, 2021

They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. Like when its partnership with Worldpay FIS coincided with its Series B funding, this announcement is also coming on the back of a raise.

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TechCrunch

MAY 3, 2022

Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. Startups in Africa raised nearly $5 billion in funding last year but the amount remains meager when compared to the rest of the world. Reports say African startups raised record-smashing $4.3B

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TechCrunch

SEPTEMBER 21, 2022

The company, which facilitates B2B payments for businesses in Francophone West Africa, mainly via mobile money channels, has raised a total of $7 million in the financing round. . Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa. It was meaningful for Édouard Mendy because he’s Senegalese.”.

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TechCrunch

APRIL 20, 2023

Don’t worry, this is a Primo tool : Also by Romain , French startup Primo raised $3.4 raised $20 million to scale robot deliveries for pilot customers, reports Brian. From hospitality to fleet management : Two brothers in Senegal are putting their hospitality management skills to work helping trucking companies with their logistics.

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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 Global’s take on the rising competition among startup accelerators.

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TechCrunch

MARCH 2, 2022

And in a bid to continue providing affordable and accessible healthcare for its customers in Ivory Coast, Senegal and Cameroon, the Ivorian startup is being backed with $1 million in pre-seed funding. The equity raise saw participation mainly from angel investors, as the company also raised $1.2

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TechCrunch

DECEMBER 4, 2020

Armed with a new financing model and purpose-built small solar-powered generators and water pumps, Nichols and Ibrahim have already built a network of customers using their equipment to increase incomes by anywhere from five to 10 times their previous levels by growing higher-value cash crops, cultivating more land and raising more livestock.

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TechCrunch

FEBRUARY 28, 2022

The second is that companies YC backed four to five years ago, after raising a series of venture capital rounds, are now commanding huge valuations that they didn’t have in 2018. According to her, when one or two YC-backed companies in a region begin to scale while raising huge amounts of capital, it inspires other founders to apply to YC.

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TechCrunch

NOVEMBER 10, 2021

With a presence in six African countries — Nigeria, Ghana, Senegal, Liberia, Kenya and Uganda — Helium Health has signed more than 500 healthcare facilities. Nigeria’s Helium Health raises $10M Series A for Africa expansion. Over 7,000 medical professionals from these facilities now provide care to more than 300,000 patients monthly.

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The Verge

OCTOBER 23, 2020

A year after YouTubers launched a campaign to raise enough money to plant 20 million trees, the campaign is in a critical phase: planting the trees and ensuring their survival. By December, they had surpassed their goal of raising $20 million dollars, enough to plant 20 million trees. Image: Arbor Day Foundation. million planted.

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TechCrunch

SEPTEMBER 7, 2022

Swizerland, India, Nigeria, Senegal and other geographies. There’s Anchor, a remote banking-as-a-service platform that has already raised over $1 million for its platform, Bridgecard , a card issuer for Nigeria, and erad , a non-dilutive funding platform for Middle East startups. just to name a few examples from the latest batch.

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TechCrunch

NOVEMBER 21, 2022

This April, FTX announced a partnership with AZA Finance to roll out African and digital currency pairs and expand trading in nonfungible tokens (they managed to launch the fiat rails for Ghana and Senegal prior to FTX’s collapse). Fintechs like us that have boards with much information and oversight even find it hard to raise money.

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Connection Cafe

OCTOBER 3, 2017

The findings raise concerns about whether policymakers are equipped with and sufficiently using the information required to drive action towards the gender equality targets that are part of the SDGs. To achieve our aim, we need to understand the needs of one of our main targets – policymakers.

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TechCrunch

SEPTEMBER 30, 2022

But the company, which was founded in 2016, has raised $2.4 The opaqueness of Lydia’s approach also raises questions, like whether its algorithms account for demographic differences and historic biases in health care. Rosetta’s AI algorithm “sees” which attributes (e.g., Image Credits: Rosetta.ai.

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Tech Soup

DECEMBER 18, 2012

Money raised on crowdfunding sites is estimated to be 91 percent higher than 2011. #GivingTuesday happened for the first time on the first Tuesday after Thanksgiving this year and generated $10 million in donations - a 53 percent increase from donations received on the same day last year , according to the UN Foundation.

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Have Fun - Do Good

OCTOBER 19, 2006

The 3rd Annual Artivist Film Festival & Awards ' mission is to strengthen the voice of international activist artists and raise public awareness of global issues. Barbra Streisand. This year's festival is November 9-12, 2006 at the Egyptian Theater in Hollywood, California.

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TechCrunch

APRIL 12, 2021

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. African payments company Flutterwave raises $170M, now valued at over $1B.

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TechCrunch

OCTOBER 7, 2021

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. But only a few players are taking advantage of the market, which can make a case as the next frontier for mobile money and investment apps in Africa.

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TechCrunch

JULY 6, 2022

Already, Autochek has rolled out its operations in Ivory Coast and Senegal following the acquisition, with more markets set to be activated, including Benin and Togo, as the auto marketplace expands. The company, which in October last year raised $13.1 Autochek expands to North Africa after acquiring Morocco’s Kifal Auto.

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TechCrunch

NOVEMBER 28, 2022

Ejara , a Cameroonian fintech offering an investment app that allows users to buy crypto and save through decentralized wallets, has raised $8 million in Series A investment. . Last October, it had 8,000 users from Cameroon, its first market and others including Ivory Coast, Burkina Faso, Mali, Guinea, and Senegal.

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TechCrunch

MAY 30, 2022

These challenges befall millions of micro-retailers across the continent, and Betastore , a B2B retail marketplace for informal retailers, is working to resolve in Nigeria, Ivory Coast and Senegal. Betastore has to date raised $3 million in funding. MarketForce raises $40 million Series A, introduces BNPL merchant stock financing.

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TechCrunch

DECEMBER 1, 2021

Gozem , a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the company confirmed to TechCrunch. It follows the $7 million raised in previous seed rounds via three tranches from investors such as U.S.

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TechCrunch

JUNE 29, 2022

By the end of the one-year venture building program, the startups should have launched a product, onboarded, and had repeat customers, have a defined revenue model, and have raised or are in the process of closing seed funding. “We So, we have a short program to help them raise,” said Kamara. AI and Blockchain.

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TechCrunch

AUGUST 18, 2022

The sustainable cooling company, which offers accessible cold storage solutions to businesses across Africa, has raised $2.5 Koolboks has raised $3.5 million in seed funding. Nigeria-based growth equity fund Aruwa Capital Management led the round with participation from Acumen, Blue Earth Capital, All On, GSMA and other investors.

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Bloomerang

APRIL 2, 2021

Peace Corps in Senegal in West Africa. And it’s a huge driver of online fundraising, and also just awareness raising. So during Suicide Prevention Month, there was a campaign called Seize the Awkward, and they ran a three-day Twitch event to raise awareness and raise funds, where people on Twitch that were doing live streams.

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Fast Company Tech

MARCH 6, 2025

In Africa, the program provided air quality data for over a dozen countries including Senegal, Nigeria, Chad, and Madagascar. air quality monitors propelled nations to start their own air quality research and raised awareness, Krishna said. Some of those countries depend almost entirely on the U.S. embassy monitoring data.

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