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Asilimia Secures $2 Million To Build the Financial Infrastructure of Africa’s Informal Economy
Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has secured $2 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Swiggy To Invest $700 Million in Instant Grocery Delivery Service in India
Swiggy, India’s top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition for quick commerce in the world’s second largest market.
- Categories
- Investing
- Region
- Asia Pacific
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Silicon Valley Law Firm Sees Surge in Africa Startup Fundraising
The Palo Alto, California-based firm helped Chipper Cash, an African cross-border payments company backed by Jeff Bezos, raise an additional $150 million in a Series C this month.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tencent Leads $48 Million Investment in South Africa Startup
Tencent Holdings Ltd. has invested in a South African financial-technology provider helping the Chinese internet giant expand in the continent’s most developed economy.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Healthcare Startup Africa Health Holdings Lands $18 Million Series A Funding to Roll-Out Tech-Enabled Services
Africa Health Holdings, a healthcare startup running several hospitals, has secured $18 million in a Series A round, funds that will go toward building its “tech-forward healthcare system” across Ghana, Kenya and Nigeria.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Aplazo Takes in $27 Million To Increase Adoption of ‘Buy Now, Pay Later’ in Mexico
Four months after securing a $5.25 million seed round, Mexican buy now, pay later startup Aplazo is back with an even bigger round to expand adoption of the payment plan approach across that country.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Africa’s Agripreneurs Pay a High Price for Start Up Finance — Global Issues
Africa has pinned its hopes on agriculture for the creation of jobs and the resulting reduction of poverty. But its role is being stymied by the high cost of financing.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Zomato Backs Shiprocket, Magicpin and Curefit, Plans To Invest $1 Billion in More Startups in Next Two Years
Indian food delivery firm Zomato, which went public earlier this year, is making a series of investments in startups as it looks for ways to inorganically expand its business in the world’s second-largest internet market.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing, startups
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