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Nigeria Lost $26 Billion to Twitter Ban, Businesses Say
As a result of the Twitter ban, local Nigerian businesses lost out both on online revenues and on potential sales to mass audiences.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Fairplay Closes $35 Million in Equity, Debt to Provide Revenue-Based Financing to Entrepreneurs in Latin America
Mexican revenue-based investment startup Fairplay secured $35 million in Series A funding to invest in the online marketing campaigns of direct-to-consumer e-commerce brands and marketplace sellers in Latin America.
- Categories
- Finance, Technology
- Region
- Latin America
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Bolt Raises €628 Million, Its Largest Funding Ever, to Boost Growth
The company says it will use part of the funding to accelerate the expansion of its new and existing mobility and delivery products across Eastern African markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Accel India Leads $55 Million Round in Investing Super App Pluang
The latest funding round will enable Pluang to invest in growth in Southeast Asia and further expand its engineering and product team run out of India’s NCR.
- Categories
- Technology
- Region
- Asia Pacific
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Ajim Capital Launches $10 Million Fund to Invest in African Startups
Ajim Capital, a venture capitalist firm based in the US has launched a $10 million fund to invest in African tech startups allowing entrepreneurs to focus on growing their businesses.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tul Raises $181 Million in Series B Funding
Tul is a mobile app and B2B e-commerce marketplace that optimizes the construction-material supply chain for hardware stores across Latin America.
- Categories
- Technology
- Region
- Latin America
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Afrikrea Raises $6.2 Million in New Funding, Rebrands to Anka
The e-commerce platform, which aims to bring African-made products to a global audience, has completed a $6.2 million pre-Series A funding round and rebranded to Anka.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, infrastructure
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YC-backed Namibian Startup JABU Gets $3.2 Million for Its B2B E-commerce and Retail Play
As a last-mile distribution e-commerce company, JABU joins a list of startups across the continent that help small retailers order and stock their products and, at the same time, provide data-driven services to suppliers and manufacturers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
