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Kenya’s PesaKit Wants To Be a Super-Platform for Mobile Money Agents Across Africa
Kenyan startup PesaKit is aiming to become a super-platform for African mobile money agents, enabling them to become a reliable last mile distribution channel for digital and financial services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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West African Energy Startup Easy Solar Raises $5 Million Series A Round To Scale Operations
West African energy startup Easy Solar has raised a US$5 million Series A debt and equity funding round to help it scale operations and launch new products in Sierra Leone and Liberia.
- Region
- Sub-Saharan Africa
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Analysis: Young Population, Financial Inclusion Behind Fintech Boom in Nigeria
Nigeria’s fintech companies raised more than $600 million in funding over a five-year period (between 2014 and 2019), a new report published earlier this month by McKinsey shows.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Can Agile Fintech Startups Be the Answer To Food Insecurity During the COVID-19 Crisis?
COVID-19 lockdowns have threatened small and medium enterprises and vulnerable families around the world. And as Malika Anand and Michelle Hassan at BFA Global point out, inclusive fintech startups are often better-placed than aid agencies to support communities and businesses in urban settlements during the pandemic. They explore how one innovative startup, Sokowatch, has developed a quick and effective way to fight food insecurity in Kibera, Nairobi – while also supporting small local retailers.
- Categories
- Coronavirus, Finance
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Press Release: Bestseller Foundation in Collaboration With Intellecap Africa Launches the First of Its Kind Accelerator for Waste Value Enterprises
Based on the aspiration to support enterprises and build the waste sector in East Africa, BESTSELLER FOUNDATION in collaboration with Intellecap Africa launched the Waste to Value Challenge in December 2019.
- Categories
- Coronavirus, Investing, WASH
- Region
- Sub-Saharan Africa
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Report Indicates 70% of Nigerian Startups Face Funding Challenges
A white paper, titled “Protecting Nigeria’s Entrepreneurial Future” has revealed that 70% of Nigerian startups and scaleups are facing funding challenges due to the impact of the Covid-19 pandemic.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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Viewpoint: India Can Soon Be the Tech Garage of the World
Startups have flagged their grievances regarding angel tax provision, which they considered was not friendly to them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: Thunes Raises $60 Million in Series B Funding To Accelerate Global Growth
Helios Investment Partners leads Series B financing round, as cross-border payments volume in emerging markets is expected to grow to US$45 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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