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Silicon Valley Law Firm Sees Surge in Africa Startup Fundraising
The Palo Alto, California-based firm helped Chipper Cash, an African cross-border payments company backed by Jeff Bezos, raise an additional $150 million in a Series C this month.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tencent Leads $48 Million Investment in South Africa Startup
Tencent Holdings Ltd. has invested in a South African financial-technology provider helping the Chinese internet giant expand in the continent’s most developed economy.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Healthcare Startup Africa Health Holdings Lands $18 Million Series A Funding to Roll-Out Tech-Enabled Services
Africa Health Holdings, a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Aplazo Takes in $27 Million To Increase Adoption of ‘Buy Now, Pay Later’ in Mexico
Four months after securing a $5.25 million seed round, Mexican buy now, pay later startup Aplazo is back with an even bigger round to expand adoption of the payment plan approach across that country.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Africa’s Agripreneurs Pay a High Price for Start Up Finance — Global Issues
Africa has pinned its hopes on agriculture for the creation of jobs and the resulting reduction of poverty. But its role is being stymied by the high cost of financing.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Zomato Backs Shiprocket, Magicpin and Curefit, Plans To Invest $1 Billion in More Startups in Next Two Years
Indian food delivery firm Zomato, which went public earlier this year, is making a series of investments in startups as it looks for ways to inorganically expand its business in the world’s second-largest internet market.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing, startups
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Grindstone Ventures Launches $6.5 Million VC Fund for South Africa Tech SME Development
Grindstone Ventures has launched a $6.5 million fund dedicated to seed funding predominantly South African innovative technology startups who have completed, or are part of, its Grindstone Accelerator programme.
- Categories
- Investing
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South Africa API Fintech Stitch Expands to Nigeria; Extends Seed Round to $6 Million
South African API fintech startup Stitch has extended its seed round to US$6 million from the US$4 million announced earlier in the year, and at the same time confirmed its expansion into Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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