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Chinese Retailer Temu Storms Nigeria
Temu has developed a reputation for being a retailer with cheap consumer wares that are quickly delivered, often drawing comparisons with Chinese fast fashion rival Shein.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, e-commerce
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Veon Group Invests $15 Million in Mobilink Bank for Growth and Tech Advancements in Pakistan
The capital aims to bolster Mobilink Bank’s efforts in expanding its services in Micro, Small, and Medium Enterprise (MSME) financing.
- Categories
- Investing
- Region
- North Africa & Near East
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PBR Life Sciences Raises $1 Million Pre-seed to Expand AI-Powered Healthcare Data Platforms Across Africa
Previously targeting 1000 pharmacies in Nigeria, PBR will use this new funding to expand its AI-driven health data solutions in Ghana and Kenya.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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WhatsApp Pay Becomes Available For All Users In India
With WhatsApp's massive user base of over 500 million in India, this development could significantly alter the competitive landscape of digital payments.
- Region
- Asia Pacific
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Pakistani Grocery Delivery Startup Krave Mart Gets Funding From This Cab Booking Platform Available in India
This funding marks a strategic move for the multinational ride-hailing startup to explore opportunities in emerging markets.
- Categories
- Transportation
- Region
- North Africa & Near East
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Juicyway Steps Out of Stealth with $3 Million to Simplify Cross-Border Transactions in Africa
P1 Ventures backs startup as it launches efficient currency exchange using stablecoin technology for individuals and businesses to participate fully in the global economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Accel Closes $650 Million for New India Fund
Accel has raised $650 million for its eighth India fund as the U.S. venture firm expands its investment strategy in the South Asian market.
- Categories
- Investing
- Region
- Asia Pacific
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African Union Gains $45 Million Package to Boost Vaccine Manufacturing in Senegal
The funding will expand the capacity of Senegal’s Institut Pasteur de Dakar (IPD) to produce shots at its vaccine manufacturing hub MADIBA.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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