-
Nigeria’s PaidHR Raises $1.8 Million Seed Round to Expand Cross-Border HR Services
With the new capital, the company plans to strengthen its product offerings, expand across African markets, and increase staffing, particularly in customer support.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Senegalese E-Health Startup KERA Raises $10 Million Funding from IFC
Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
-
African Remittance Startup LemFi buys UK Card Issuer
Remittance flows to low- and middle-income countries rose nearly 6% last year to $685 billion, according to a World Bank estimate.
- Categories
- Finance, Technology
- Region
- Global
-
Guinea and Sierra Leone to Jointly Develop Fiber Optic Infrastructure
"This move is intended to boost digital interconnection between the two West African countries, with the promise of more stable, affordable, and competitive broadband services for telecom providers, businesses, and public institutions."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
-
Kenyan Startup Solar Panda Acquires Zambian Solar Firm In Expansion Move
"The acquisition adds more than 100,000 customers to Solar Panda’s portfolio and expands its operations beyond Kenya and Senegal."
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
-
Press Release: Kumulus Water Raises $3.5mln to Redefine Clean Water Access With Off-Grid Tech in MENA and Europe
"Backed by Bpifrance, PlusVC, Flat6labs, Khalys Venture and Spadel, Kumulus to scale Atmospheric Water Generators (AWS) that extract safe drinking water from air without infrastructure."
- Categories
- Environment, Technology, WASH
- Region
- Sub-Saharan Africa
-
Africa Must Not Be a Spectator in its Own Economic Development: The Need for Pension-Backed Private Capital
Ghana’s startup ecosystem — like that of many African countries — is growing rapidly. But Amma Gyampo at Ghana Venture Capital and Private Equity Association points out that this growth is almost entirely funded by foreign capital. She argues that recent cuts in global development budgets have proven that over-reliance on foreign funding is not sustainable, and explains how tapping pension funds as a source of venture capital can provide a massive infusion of local funding into the continent's highest-growth businesses.
- Categories
- Investing, Technology
-
Analysis: The Math Tutor and the Missing $533 Million
"From Dubai, the enigmatic founder of Byju’s recounts how he made his empire — and vows to rebuild it."
- Categories
- Education, Technology
- Region
- Asia Pacific
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.