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Bluechip, an African systems integrator with partners like Microsoft and Oracle, is expanding to Europe

It’s not often you hear about African tech companies expanding into Europe. Some examples include fintechs Lidya and Korapay in Eastern Europe...

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Beacon Power Services raises $2.7M to improve electricity access for sub-Saharan African cities

Beacon Power Services provides data and grid management solutions to help Africa’s power sector distribute electricity more efficiently.

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Identity verification company Youverify extends seed funding to $2.5M as it expands across Africa

Youverify, an identity verification company helping African banks and startups, is announcing that it has secured a $1 million seed round extension.

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US-based fintech Umba buys majority stake in Kenya’s Daraja microfinance bank

The acquisition gives Umba access to existing financial services clientele, and permits them to offer additional banking services.

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Universal Music Group signs licensing deal with African streaming service Mdundo

Universal Music Group music catalog will be available to Mdundo's 17 million active monthly users.

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As the global venture capital market slows, Africa charts its own course

Experts say that most recent deals were finalized months before macroeconomic challenges hit the global VC landscape. This means there’s a lag in...

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This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app...

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African healthtech startups in the supply chain segment show rapid growth, spurring a $7M investment initiative

While Africa’s health systems are still reeling from the effects of the COVID pandemic, the adoption of digital health services has been revved in...

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Ghana’s fintech Fido raises $30M to roll out new products and expand across Africa

Ghana’s digital lender Fido plans to launch new products after raising $30 million series A funding from Fortissimo Capital and Yard Ventures.

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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

Yahya Bouhlel started coding in his early teens. Within this timeline, he interned at several companies in Palo Alto, California. Most of his work...

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Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

Betastore eyes Ghana, the DRC and Cameroon markets after raising $2.5 million in pre-series A funding from 500 Global, VestedWorld, and Loyal VC.

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Uber hits 1 billion rides in Africa

Uber, today, announced a significant milestone — it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10...

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CarePoint raises $10M to spread healthcare tech across Africa

CarePoint (formerly known as Africa Health Holdings) is setting up telemedicine centers and building “micro-tech-enabled-clinics” targeting the...

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Nigeria’s Topship raises $2.5M from Flexport and YC to help merchants with international shipping

African merchants encounter many challenges when it comes to international shipping ranging from logistics and customs to hidden and excessive...

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Norebase raises $1M to allow companies start, scale, and operate in any African country

Norebase allows founders and businesses to start and scale across a number of African countries.

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Ghanaian agtech Farmerline to use new funding to strengthen its infrastructure, help farmers create wealth

Ghanaian-based Agtech Farmerline has raised $12.9 million in equity-debt pre-Series A round to help farmers access quality supplies.

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UK Fintech startup Leatherback raises $10M for its cross-border payments led by ZedCrest

Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise...

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Daily Crunch: Brex says DoorDash is ‘first of many’ new enterprise customers to come

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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ImaliPay gets $3M to offer financial services to underserved gig workers across Africa

The gig economy is experiencing profound growth in Africa. Yet, all that growth hasn’t changed the status of workers who are seen as contractors...

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Why Nigeria leads the way in YC’s participation in Africa

Nigerian startups are a huge part of the current Y Combinator cohort. Looking at the data, that should not be a surprise.

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Nigeria’s CredPal secures $15M in debt and equity to scale its BNPL product across Africa

The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20%...

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Meaningful Gigs raises $6M seed to link designers in Africa with remote jobs from US companies

The gig economy has been on an upward trajectory and more so since 2020 when it experienced a huge spurt accelerated by the covid pandemic. And it is...

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Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021,...

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Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly. Yet its industry remains...

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Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. They are responsible for communication between...

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Stax gets $2.2M for its app that lets Africans make transactions via automated USSD codes

Stax, a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised...

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M-KOPA raises $75M as it clocks 2 million customers across four African markets

A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus,...

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Game studios come together to grow industry in Africa

Ten game development studios in Africa have come together under one umbrella, the Pan Africa Gaming Group (PAGG), in an effort to unify the...

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