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Viewpoint: Cryptocurrencies: Africa’s New ‘Blood Diamonds’
Central African Republic (CAR), the world’s second-poorest country, is nowhere near ready for payments via cryptocurrencies. Yet CAR’s authorities threaten significant fines and other penalties on vendors who refuse to accept bitcoin for payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Will Unicorn Minters Tiger Global, SoftBank Now Focus On Early-Stage Startups in India
New York hedge fund, Tiger Global reported its first seed stage investment in India by participating in a 2.6 million seed round of Shopflo, an e-commerce enablement platform.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Macquarie-Led Group Gains $610 Million Stake in Bersama Digital Infrastructure
A consortium led by Macquarie Asset Management has announced a US$610 million investment to acquire a minority stake in Bersama Digital Infrastructure Asia Pte. Ltd.
- Categories
- Investing, Technology
- Region
- South Asia
- Tags
- data, infrastructure
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Vivriti Capital Bags $30 Million From TVS Capital To Close Series C; Total Funding Reaches $200 Million
The funds will be utilised for business and technology expansion for customer acquisitions, product delivery and portfolio management, the startup said in a statement.
- Categories
- Technology
- Region
- Asia Pacific
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Identitypass, an Identity Verification API for Africa, Raises $2.8 Million Seed Funding
Addressing the need for fintechs and digital businesses in Africa to perform stringent KYC and verification checks on their customers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, startups
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Paradigm Enters Africa With $30 Million Round for ‘Super App’ Jambo
The Congo-based startup is building a platform for Web 3 user acquisition.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain
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Indonesia’s Moladin Raises $95 Million Series B Funding to Grow Its Automotive Ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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The Unspoken Risks and Side-Effects of the PAYGO Model in Africa
The sale of off-grid solar systems using end-customer credits has become a widespread standard today under the overall term pay-as-you-go (PAYGO).
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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