Kenyan consumer experience platform for businesses in Africa, Ajua today announced that it has acquired WayaWaya, a Kenya-based AI and ML messaging and payments company. WayaWaya’s customers and partners include the likes of I&M Bank, Interswitch and MTN. The company offers a range of services, from digital banking and payment services to financial services APIs […] …
According to Startup Genome, Beijing, London, Silicon Valley, Stockholm, Tel Aviv are a few of the world’s best start-up ecosystems. The data and research organisation utilizes elements like performance, capital, market reach, knowledge, talent, and connectedness to produce its rankings. Start-up communities from emerging markets leaving out China and India didn’t make the organisations’ top 40 list […] , how is the team at Pariti setting out to fix these issues? When a founder joins Pariti, they run their company through an evaluation tool. In a nutshell, Pariti helps creators connect with affordable skill, access capital and develop their companies. He says that Pariti will start to charge a subscription fee for founders. …
The world’s food supply must double by the year 2050 to fulfill the demands of a growing population, according to a report from the United Nations. And as pressure mounts to find brand-new crop land to support the development, the world’s eyes are progressively relying on the African continent as the next prospective worldwide bread […] Conceptually solar water-pumping systems have been around for decades. It’s a spin on what’s become a popular service design for the distribution of solar systems of all types throughout Africa. Financiers have actually poured nearly $1 billion into the advancement of off-grid solar energy and retail technology business like M-kopa, Greenlight World, d.light design, ZOLA Electric and SolarHome, according to Ibrahim. SunCulture’s hardware consists of 300-watt solar panels and a 440-watt-hour battery system. …
African cross-border fintech startup Chipper Money has closed a $13.8 million Series A financing round led by Deciens Capital and plans to employ 30 brand-new staff globally. The raise caps an event-filled run for the San Francisco-based payments company, established 2 years earlier by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The 2 pertained to America […] The two came to America for academics, satisfied in Iowa while studying at Grinnell College and ventured out to Silicon Valley for stints in huge tech: Facebook for Serunjogi and Flickr and Yahoo! With the round statement, Chipper Cash also exposed a business social duty effort. The Chipper Fund for Black Lives will provide five to 10 grants of $5,000 to $10,000. In Africa, Chipper Cash has positioned itself in the continent’s major digital payments markets. Chipper Cash expanded there in 2019 and deals with competitors from a number of gamers, consisting of regional payments venture Paga….
Events in May provided support to the thesis that Africa can incubate tech with global application. Two startups that developed their organisation models on the continent– MallforAfrica and Zipline– were tapped by global interests. DHL acquired a minority stake in Link Commerce, a turn-key e-commerce company that outgrew MallforAfrica.com– a […] The story behind the Novant, Zipline UAV collaboration has a twist: The capabilities for the U.S. operation were established mainly in Africa. Co-founded in 2014 by Americans Keller Rinaudo, Keenan Wyrobek and Will Hetzler, Zipline creates its own UAVs, launch systems and logistics software application for distribution of important medical materials. The company turned to East Africa in 2016, entering a partnership with the federal government of Rwanda to check and release its drone service in that country. …
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