Annie Njanja
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Kenya-based Powered by People gets $5 million seed to scale operations of its wholesale e-commerce platform – TechCrunch
Annie Njanja - 0
A wholesale e-commerce platform based in Kenya, Powered by People, has secured $5 million in seed funding to increase its transaction volumes by growing the number of small brands using its B2B online marketplace to reach international buyers.
The equity funding was led by Susa Ventures and Golden Ventures...
Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC – TechCrunch
Annie Njanja - 0
Kenya-based agritech Apollo Agriculture, which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to introduce other products that deliver more value per acre of land. This is after raising $40 million in...
Hence secures $1.8M seed to grow its legal services sourcing technology – TechCrunch
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Hence Technologies, a Kigali and London based startup that uses data and AI to match companies with external legal service providers is set to scale its precision matching engine after raising $1.8million in seed funding from various institutions and angel investors. This brings the total amount raised by...
Meaningful Gigs raises $6M seed to link designers in Africa with remote jobs from US companies – TechCrunch
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The gig economy has been on an upward trajectory and more so since 2020 when it experienced a huge spurt accelerated by the covid pandemic. And it is not showing signs of a slowdown the world over, with the sector’s growth now expected to reach $455 billion in...
Kenya-based fintech 4G Capital to scale lending after raising $18.5M from Lightrock – TechCrunch
Annie Njanja - 0
Kenya-based fintech company 4G Capital, which provides unsecured credit to micro enterprises, has raised $18.5 million in Series C funding from global private equity firm Lightrock.
The equity funding comes as the fintech plans to roll-out a series of new products and services including new loans that will increase...
Meta is facing prosecution in South Africa, after the country’s competition regulator, the Competition Commission, found as uncompetitive its intention to block the government’s startup GovChat and #LetsTalk from using its WhatsApp Business API.
The watchdog, which has been investigating claims of unfair conduct against the startup since March...
100ms, the live video conferencing infrastructure startup based in India, has raised $20 million in Series A funding to power the next generation of live video apps, coming barely five months after they closed the seed round.
This latest round was led by Falcon Edge’s Alpha Wave Incubation, with...
Uganda’s Rocket Health raises $5M in round led by Creadev to scale telemedicine across Africa – TechCrunch
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The world over, the popularity of telemedicine spiked during the Covid pandemic, growing 78 times in April 2020, a few months after the disease struck, according to a McKinsey study. In some parts of Africa, it was a great opportunity for telemedicine to make new inroads. But in...
Egyptian proptech startup Nawy, which began life in 2016 as an AI-driven property, listing has grown to offer brokerage services, supporting the closing of property deals. It is now looking for its next path of growth after connecting 40,000 buyers to sellers last year alone, winning the confidence...
NayaPay secures $13 million, largest seed funding in South Asia for its messaging and payment app – TechCrunch
Annie Njanja - 0
Pakistan-based fintech platform, NayaPay, has raised $13 million in a seed round to rollout its multi-service messaging and payment app, and to build payment acceptance and financial management tools for businesses in the South Asian country.
NayaPay CEO and founder Danish Lakhani told TechCrunch that the super-app allows people...