Annie Njanja
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Africa’s tech talent accelerators attract students, VC funding as Big Tech comes calling • TechCrunch
Annie Njanja - 0
Tech giants are increasingly looking for tech talent in Africa, where the number of developers reached 716,000 last year, up 3.8% from 2020, according to Google.
In the last six months, Microsoft and Amazon have been on a recruitment drive that came along with enticing offers including relocation to...
Over the last 10 years startups in Africa’s off-grid solar sector have attracted over $2.3 billion funding. However, the largest share of the financing has gone to just seven pay-as-you-go (PayGo) Africa-based scaleups, leaving hundreds others in the early-stage struggling to fundraise, according to the biennial Gogla-World Bank...
The kingdom of Eswatini is considering the introduction of a central bank digital currency (CBDC), joining the growing list of African countries exploring the viability of an e-currency.
The Central Bank of Eswatini (CBE) said it has appointed German technology group Giesecke+Devrient (G+D) to research and explore the possibilities...
Uganda’s changes on Computer Misuse law spark fears it will be used to silence dissidents • TechCrunch
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Uganda’s controversial Computer Misuse (Amendment) Bill 2022, which rights groups say will likely be used to silence dissenting voices online, has come into force after the country’s president Yoweri Kaguta Museveni signed it into law yesterday.
The country’s legislators had passed amendments to the 2011 Computer Misuse Act early...
Purple Elephant Ventures, Kenya’s tourism-focused startup studio, raises $1M pre-seed funding • TechCrunch
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A Kenya-based venture studio with a focus on tourism, Purple Elephant Ventures (PEV), has raised $1 million pre-seed funding to build the next generation of startups that use technology to modernize the tourism sector.
Investors participating in this round include Klister Credit Corp., a Canadian investment firm, The Untours...
South African startup Talk360’s seed funding hits $7M after new backing • TechCrunch
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Months after the initial close of its seed round, Talk360, a South African Voice over Internet Protocol (VoIP) startup, has raised an additional $3 million, bringing the total investment raised in the round to $7 million.
Talk360’s latest investors include Allan Gray E2 Ventures (AGEV), Kalon Venture Partners, E4E...
YC-backed fintech Numida raises $12.3M led by Serena Ventures to extend loans to MSMEs beyond Uganda • TechCrunch
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Micro, small and medium-sized enterprises (MSMEs) across Africa make up the bulk — over 90% — of businesses in the continent but are still marginalized in accessing credit from formal institutions because of the nature of their operations; for instance, many often lack the kind of collateral that...
Ghanaian agtech Farmerline raises $1.5M from Dutch investor Oikocredit • TechCrunch
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Ghanaian agtech Farmerline has secured $1.5 million equity funding from Dutch impact investor Oikocredit in its second close of the pre-series A round. The new funding brings the total amount raised in the round to $14.4 million, including $6.4 debt funding.
The funding comes at a time when Farmerline,...
Early this year, Nigerian health-tech startup Remedial Health announced plans to scale within the West African country digitizing pharmacies and bringing efficiency in the pharmaceutical supply chain after raising seed funding.
The YC-backed startup has since February grown its reach from six to 16 states within the populous nation,...
Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe.
The Germany-based startup plans to use the funding to build new hubs in Africa and Europe, grow its team,...