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How to better support girls globally?

Fast Company Tech

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.

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Cybercriminals are using developing nations as test beds for ransomware attacks

TechSpot

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

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Wave, a Stripe-backed African fintech valued at $1.7 billion, cut 15% of its staff in June

TechCrunch

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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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. 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

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Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

TechCrunch

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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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. 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).

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

TechCrunch

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.

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