Tag "africa"

Kenya turns to M-Pesa mobile-money to stem the spread of COVID-19

March 16, 2020 0

Kenya’s largest teleco, Safaricom, will implement a fee-waiver on East Africa’s leading mobile-money product, M-Pesa, to reduce the physical exchange of currency in response to

Did African startups raise $496M, $1B or $2B in 2019?

March 5, 2020 0

Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which

Did African startups raise $496M, $1B or $2B in 2019?

March 5, 2020 0

Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which

AWS partners with Kenya’s Safaricom on cloud and consulting services

February 28, 2020 0

Amazon Web Services has entered a partnership with Safaricom — Kenya’s largest telco, ISP and mobile payment provider — in a collaboration that could spell

South African fintech startup Jumo raises second $50M+ VC round

February 27, 2020 0

South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in

Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain

February 24, 2020 0

Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain markets for Africa’s informal retailers.

These specialized Africa VC funds are welcoming co-investors

February 20, 2020 0

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in

African crowdsolving startup Zindi scales 10,000 data scientists

February 18, 2020 0

Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve complex problems in Africa. Founded

After VCs spend millions Nigeria restricts ride-hail motorbike taxis

February 12, 2020 0

Nigeria’s commercial hub of Lagos has shaken up its transportation order. At the center are the West African country’s motorcycle taxis — referred to locally

Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

February 11, 2020 0

Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital,

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