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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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India’s LEAD School Becomes Unicorn With Fresh $100 Million in Funding
LEAD School, a nine-year-old startup, is addressing this disconnect by leveraging an infrastructure that already has a wide reach in the nation: schools.
- Region
- Asia Pacific
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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
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AI Startup Fractal Becomes Unicorn With $360 Million Investment From TPG
Fractal has raised $360 million from TPG in a new financing round and entered the unicorn club as the Mumbai and New York-based AI startup,
- Categories
- Technology
- Region
- Asia Pacific
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Smarter Health Gets USD $3.8 Million To Reduce Healthcare Costs in Southeast Asia
Smarter Health’s AI-based tech enables secure data exchanges (with patient consent) between healthcare providers, insurers and patients.
- Categories
- Health Care, Technology
- Region
- South Asia
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African Development Bank Group Approves €10,5 Million To Boost Innovation in Sub-Saharan Africa
The board of directors of the African Development Bank Group have approved an equity investment pool of €10,5 million to drive technological innovation across sub-Saharan Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
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Nigerian Mobility-Tech Startup MAX Bags $31 Million in Series B Round, Set To Expand Across Africa, Build EV Infrastructure
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races toward formalizing the continent’s transportation sector after securing $31 million in Series B funding.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Paylend, a Kenyan FinTech Company Raises $2 Million Seed Investment From Next Chymia Consulting HK Limited
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have today announced that it has raised a $2 million dollars seed investment from Next Chymia Consulting HK Limited.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa