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Tanzanian Health-Tech Startup Dawa Mkononi Secures Funding to Enhance Healthcare Access
Its mobile application enables pharmacies, clinics, and hospitals to efficiently order medicines, while fintech features provide a seamless payment system.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Paymob and Tamara Join Forces to Revolutionise SME Payments in Gulf Cooperation Council Region
Paymob’s forte lies in its secure and versatile payments infrastructure, serving a wide range of merchants in the MENA region.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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AbbeyCross Raises $6.5 Million for Emerging Markets FX Platform
The firm says it can help clients reduce costs and delays, enhance transparency, and provide fair prices to their clients for emerging market payments.
- Categories
- Finance, Technology
- Region
- Global
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Report: Mobile Money Transactions in Kenya in 2023 Declined for the First Time in 17 Years
It remains uncertain whether the decline in mobile money transactions might impact Kenya's Gross Domestic Product (GDP) given that mobile money agents reportedly handle approximately 60% of the country's GDP.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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YC-Backed African Fintech Cleva, Founded by Stripe and AWS Alums, Raises $1.5 Million Pre-Seed
Aaron Michael, a partner at 1984 Ventures, expressed support for Cleva’s founders, Tolu Alabi and Philip Abel, noting that their product provides a means for Africans to navigate hyperinflation challenges.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Cameroonian Fintech Startup Koree Secures $200,000 Pre-seed Funding
Koree’s solution is aimed at resolving the issue of spare change in cash-dependent economies by offering a card and digital wallet.
- Region
- Sub-Saharan Africa
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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund
The fund is the largest of its type since 2018 and one of the five biggest to date, according to Convergence.
- Categories
- Agriculture, Energy, Finance, Investing
- Region
- Global
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