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12 Biggest African Tech Funding Deals In 2019
In 2019, Nigerian and Kenyan fintech and logistics firms secured major funding deals while an Egyptian startup attracted $42 million — the largest round of funding for a tech startup in Egypt to date.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Into Africa: Tech Leaders Weigh in on Jack Dorsey’s Planned Move to the Continent
One thing is clear: Africa’s 54 countries and 1.2 billion people represent one of the last blue oceans for global tech growth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- incubators, startups
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Young Chadians Seek to Solve Blackouts, Joblessness With Social Businesses
In Chad, where there is almost little to no local business, social entrepreneurs are taking on tasks such as lighting in a country where business laws are tough, investment scarce and entrepreneurship an idea that many don’t quite understand yet.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Goldman Sachs Leads $15M Investment in Indian Fintech Startup ZestMoney
Bangalore-based ZestMoney announced it has raised $15 million from Goldman Sachs and existing investors Naspers Fintech, Quona Capital and Omidyar Network.
- Categories
- Finance
- Region
- South Asia
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Rise of Blockchain in Indonesia Brings Promise of Greater Financial Inclusion
A lot of the credit for the contemporary burgeoning blockchain community in the country goes to startups like Blockchain Zoo, the first company to offer blockchain consultancy services in the country and Blockchain Space Asia, both of which are founders of the blockchain association in Indonesia.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Payment Startup Chipper Cash Raises $6m for Southern Africa Expansion
In September, Chipper Cash expanded into what is now arguably Africa’s largest fintech market, Nigeria. With its latest round, the startup has raised more than $8 million in seed capital.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: What went wrong at Jumia, ‘Africa’s First Unicorn’?
Vanity metrics, an obsession to list instead of fixing problems, and a problematic workplace culture turned Jumia from unicorn to carthorse.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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Press Release: Blockchain Start-up Proof of Impact Announces Close of Investment Round led by Franklin Templeton
This first investment round allows Proof of Impact to continue its fast growth and execute its ambitious goal of securitizing proven impact and bringing proven impact investment products to global capital markets.
- Source
- Press Release
- Categories
- Investing, Technology
- Tags
- blockchain, impact investing, SDGs, startups
