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Islamic Bank, Africa Development Bank, Others Invest $618 Million in Nigeria’s I-DICE
“Today, Nigeria has five of the seven unicorns in Africa and raised almost $1.4 billion of the total of $4 billion raised by fintech companies across Africa in 2021.”
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Orange Launches 5G Test Lab in Côte D’Ivoire
Orange Côte d’Ivoire has unveiled its Orange 5G Lab, a 5G ecosystem for digital professionals, start-ups and businesses.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Pan-African Crypto Exchange, Yellow Card Secures $40 Million in Series B Funding Round
The round, led by Polychain Capital, brings Yellow Card to $57M total raised, more than any crypto company on the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan Insurtech Firm Turaco Secures $10 Million Series A Round Fundraise
Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest.
- Categories
- Finance, Health Care, Technology
- Region
- Sub-Saharan Africa
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Bringing Digital Innovation to the Global Art Market: An Innovative Platform Connects International Buyers to Emerging Markets Artists
Business models across all industries are rapidly embracing digital technology. But as Srikaran Masabathula at TapArt explains, the global art market remains stuck in its centuries-old, brick-and-mortar sales and distribution model – a model that perpetuates the age-old inequities in the art world, preventing talented artists from emerging economies from selling their artwork to global art buyers. He explores how TapArt is leveraging digital innovation to address these critical shortcomings and create a vibrant connection between art lovers and artists worldwide.
- Categories
- Technology, Telecommunications
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Press Release: Ethereum Blockchain Eliminates 99.99% of its Carbon Footprint Overnight After a Successful Merge According to New Report
A new report from CCRI reveals a reduced electricity consumption and carbon footprint of the Ethereum network by over 99.988% and 99.992%, respectively.
- Categories
- Technology
- Region
- Global
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Southeast Asia’s Fintech Fazz Finalizes $100 Million Series C Round Led by Tiger Global
Southeast Asia’s Fintech platform Fazz, a business account for companies of all sizes, recently secured $100 million via Series C funding.
- Categories
- Finance, Technology
- Region
- South Asia
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World Bank’s IFC to Invest $160 Million in Safaricom Ethiopia
The World Bank is investing US$160 million into the Safaricom project to build a new network in Ethiopia.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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