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Female genital mutilation still occurs Last month, I traveled to Senegal to see UNICEFs work firsthand. Sally’s disability is the result of FGM, which over 2 million girls and women in Senegal have experienced. Despite challenges, we are making progress in Senegal and all over the world.
Attacks have been observed on a bank in Senegal, a financial services company in Chile, a tax firm in Colombia, and a government economic agency in Argentina using strains of malware that were later used in Europe and North America, writes cybersecurity firm Performanta (via Ars Technica). Read Entire Article
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.
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. This year we are opening up the platform to more shippers in Senegal. And that is how their logistics tech startup, Chargel , was born. “We
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.
PAPS , a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics services. PAPS clients span a range of industries, such as banking, telecommunications and pharmaceuticals (Lo said that the company currently handles distribution for 70% of all pharmacies in Senegal).
However, the recent entry into Ivory Coast and Senegal somewhat forced its hand. Wasoko allows retailers from Kenya, Tanzania, Rwanda, Uganda, Ivory Coast and Senegal to order products from suppliers via SMS or its mobile app for same-day delivery to their stores and shops via a network of logistics drivers.
Senegal took the fifth spot with $353 million, while Ghana was sixth ($167 million). Startups in Senegal received more than $222 million, placing the country in fifth. In 2021, Nigeria retained the first spot ($1.8 billion), South Africa was second ($832 million), Egypt came third ($652 million) and Kenya landed fourth ($571 million).
These countries include Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso. According to Norebase, companies that use its platform can be incorporated in any African country within “a few minutes” and expand to new locations in a week.
It immediate plan involves attaining a dominant position in East Africa, and in Nigeria and Senegal, as it works towards being a powerful pan-African player. HotelPlus has built an impressive commercial organization, with skilled sales people, a high-performance reseller network covering more than a dozen countries across the continent.
Chargel, based in Senegal, recently raised $2.5 We know that deals are still getting done in Africa. TechCrunch recently covered a $4 million round for Shuttlers, which we described as a “Nigerian shared mobility company.”
It’s why Julaya launched its services in the west African country and has since expanded into Senegal, where mobile market penetration is around 80% as well as other countries in the UEMOA (West African Economic and Monetary Union) region, which also have prevalent mobile money usage. .
Thus, in addition to supplying Smile Identity with a skilled and experienced team, APIs and customers, Appruve presents the Costanoa-backed KYC identity provider with a gateway into the Francophone market (focusing on Ivory Coast and Senegal) and also Uganda, Straub told TechCrunch over a call. “We We have product depth in Nigeria already.
It expects to also select startups from additional countries, including Egypt, Senegal, Tanzania and Uganda, for this sixth cohort. In 2020, it selected 20 startups into the program (eight from Nigeria, six from Kenya, two from South Africa and one each from Ghana, Tunisia, Ethiopia and Zimbabwe).
Remittances from abroad reached $45 billion in 2021, with Nigeria, Ghana, Kenya, Senegal and Zimbabwe leading the list of recipient countries. 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.
They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa. And according to its website, only 12 African countries can send and receive money on the platform, but to varying degrees.
The e-commerce platform is available in 11 markets across Africa, including Algeria, Senegal, Tunisia, Ivory Coast, Uganda and Morocco. Jumia is currently the biggest e-commerce platform in Africa, leading hundreds of others, including Nigeria’s Marketplace Africa and South Africa’s Souq, and bidorbuy.
In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. One of its investors from the seed round, Wamda Capital, doubled down in this new financing. It also plans to deepen its presence in the countries already present, especially Egypt and Nigeria.
It currently covers some 20 countries for receiving money, some of the very poorest and/or least developed places in the world including Bangladesh, Cameroon, DRC, Ethiopia, Kenya, Madagascar, Morocco, Nepal, Nigeria, Pakistan, Republic of the Congo, Sri Lanka, Vietnam, Côte d’Ivoire, Ghana, Guinea, Mali, Senegal and Zambia.
and Senegal-based mobile money service provider, Tugende; a Ugandan mobility-tech company; and Trade Depot, a Nigeria and U.S.-based Chapter54 is targeting startups in growth stage with some sizable traction in the countries they operate in across Europe. Partech has 15 investments in nine countries across Africa, including Wave; a U.S.
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.
They include Senegal, Ghana, Mali, Nigeria, Ethiopia, Madagascar, Tanzania, Kenya, Rwanda, Uganda, Zambia, Malawi and Mozambique. Pula co-founders and Co-CEOs (Rose Goslinga and Thomas Njeru). Therefore, the new financing will scale up operations in its existing 13 markets across Africa, where it has insured over 4.3 million farmers.
.” The Ivorian startup acts as an online and point-of-sale payment solution for merchants to process payment from more than 130 different payment operators — mobile-money, bank cards, wallets — in nine French-speaking African countries: Ivory Coast, Senegal, Cameroon, Mali, Burkina Faso, Togo, Congo, Guinea and Benin.
.” With the $14 million in funding, from investors including Energy Access Ventures (EAV), Électricité de France (EDF), Acumen Capital Partners (ACP) and Dream Project Incubators (DPI), SunCulture will expand its footprint in Kenya, Ethiopia, Uganda, Zambia, Senegal, Togo and Cote D’Ivoire, the company said. .
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. Healthtech startups across Africa, such as Ivory Coast- and French-based Susu are stepping up to fill this need.
According to the accelerator, six new countries home to these companies are making their appearance for the first time : Algeria, Tunisia, Senegal, Chile, Brazil and Singapore. YC says 16% of the companies in its current list (44 out of 267) are based outside the U.S., compared to its first list, which included just seven non-U.S.
With a presence in six African countries — Nigeria, Ghana, Senegal, Liberia, Kenya and Uganda — Helium Health has signed more than 500 healthcare facilities. Over 7,000 medical professionals from these facilities now provide care to more than 300,000 patients monthly.
That means if SIV II makes an investment in an IDA country like Senegal and the company doesn’t do well, a portion of the investment will be covered through the structure. As part of the fund’s mandate, it will invest up to 25% of the fund in IDA countries, or low-income countries as defined by the World Bank.
From hospitality to fleet management : Two brothers in Senegal are putting their hospitality management skills to work helping trucking companies with their logistics. A Robust view of robotics : Robust.AI raised $20 million to scale robot deliveries for pilot customers, reports Brian. Their company, Chargel, has now raised $2.5
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. .
What lies ahead for Chari following this seed round is moving into Francophone Africa; Cameroon, Ivory Coast, Mauritania and Senegal top that list. When Karny is taken into account , the total number of merchants using Chari’s products extends to over 50,000.
Senegal, the region’s top destination for VC funding dropped from $16 million in 2019 to $8.8 Regional and gender diversity check. With an increase in startup activity in Francophone Africa, one would’ve expected an uptick in VC funding in the region. Well, that’s not exactly the case. million in 2020 according to Partech.
SMS And Social Change: Lessons From Senegal Terra Weikel, UNICEF. Evolution, Creation and Extinction (of the organization) Ted Fickes, The Wilderness Society. Non-Profits and Social Media: Not the Usual Suspects David Neff, American Heart Association. The New Mainstream - Journalists Redefining Their Industry Gina Cooper, Cooper Strategies.
Swizerland, India, Nigeria, Senegal and other geographies. Nearly half of the neobanks in this batch are based in the United States, while the remaining are spread across the U.K, just to name a few examples from the latest batch.
As part of the agreement, both organizations will target financial institutions serving the needs of vulnerable populations and provide financial capital and training in support of the development of the education sector in the target markets.
These early signs of success can be seen in markets like Senegal and Ghana, where the electronics and phones categories grew the fastest in GMV in Q2 2023. “As we keep reducing losses, we’re also working on other growth areas that aren’t showing yet, but we’re confident will pay off.
Senegal is set to be home to a million new fruit and nut trees by the end of 2020; the country will host the largest number of trees being planted in a single place this year. The foundation partners with other organizations and forest services around the world that plant the trees.
Outside the top four countries, startups from Ghana, Algeria, Tunisia and Senegal raised the most equity funding. Partech: Nigeria represented 23% of African tech’s total equity funding. South Africa takes the second spot with 17%, Egypt at third at 16%, and Kenya at 15%. Kenya is a close second with $1.1
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).
Highlights include veteran game designer, Colleen Macklin, who will show how her games with the Red Cross bolstered climate change-related disaster preparedness in Senegal and Nambia, and Pulitzer Prize-winning authors, Nick Kristof and Sheryl WuDunn, whose work in games, film, and print has made millions aware of human rights issues in the U.S.
Viola Vaughn "A group of failing schoolchildren in Kaolack, Senegal, once asked Viola Vaughn to help them pass their classes. Maria Ruiz "Several times a week, Maria Ruiz of El Paso, Texas, crosses the border into Juarez, Mexico, bringing food, clothing and toys for hundreds of impoverished children and their families."
We’ve since welcomed virtual Sprinters from 25+ countries around the globe, including Australia, Japan, Senegal, Ethiopia, and Brazil. So as travel began to pick up and in-person events resumed, we wanted to find a way to combine the spirit of face-to-face collaboration with the inclusive access that virtual provides.
Dakar, Senegal: Concours de Présentation des Projets. Bunda, Tanzania: Microsoft Cloud Computing. Sunday, September 3, 2017. Cotonou, Benin: L'Utilité des Logiciels de TechSoup dans la Progression d nos ONG dans le Monde. Monday, September 4, 2017. Ouagadougou, Burkina Faso: Monthly Meeting of Local Members.
And, in our initial six pilot countries (which include Colombia, India, Indonesia, Kenya and Senegal) we plan to take a deeper look, using national data, research and story-gathering to understand where progress is being made and where it is lagging. . The future for Equal Measures 2030.
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