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African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

African fintech startup Chipper Cash raises M backed by Jeff Bezos African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in […]

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BlackSky’s latest satellites return images just 58 hours after SpaceX launch

BlackSky’s latest satellites return images just 58 hours after SpaceX launch There’s an increasing demand for fast turnaround time in the satellite imaging industry, especially among clients across government and defense, who want responsive, near-real time performance because of how quickly situations on the ground can develop and change. BlackSky, a sensor […]

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African payment startup Chipper Cash raises $13.8M Series A

African payment startup Chipper Cash raises .8M Series A African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally. The raise caps an event filled run for the San Francisco based payments company, founded two years […]

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Uber Africa launches Uber Cash with Flutterwave and explores EVs

Uber Africa launches Uber Cash with Flutterwave and explores EVs Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco based — Nigerian founded — fintech firm Flutterwave. The arrangement will allow riders to top up Uber wallets using the dozens of remittance partners […]

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The Sun Exchange raises $3M for crypto driven solar power in Africa

The Sun Exchange raises M for crypto driven solar power in Africa South Africa based renewable energy startup Sun Exchange has raised $3 million to close its Series A funding round totaling $4 million. The company operates a peer-to-peer, crypto enabled business that allows individuals anywhere in the world to invest in […]

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Africa Roundup: DHL invests in MallforAfrica, Zipline launches in US, Novastar raises $200M

Africa Roundup: DHL invests in MallforAfrica, Zipline launches in US, Novastar raises 0M Events in May offered support to the thesis that Africa can incubate tech with global application. Two startups that developed their business models on the continent — MallforAfrica and Zipline — were tapped by international interests. DHL acquired a […]

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Vaya Africa launches electric ride-hail taxi network

Vaya Africa launches electric ride-hail taxi network Vaya Africa, a ride-hail mobility venture founded by Zimbabwean mogul Strive Masiyiwa, has launched an electric taxi service and charging network in Zimbabwe with plans to expand across the continent. The South Africa headquartered company has acquired a fleet of Nissan Leaf EVs and developed […]

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Zipline begins US medical delivery with UAV program honed in Africa

Zipline begins US medical delivery with UAV program honed in Africa Drones are being deployed in the fight to curb COVID-19 in the U.S. Novant Health and California based UAV delivery startup Zipline have launched distribution of personal protective gear and medical equipment in North Carolina. Novant is a non-profit healthcare provider […]

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African countries need ‘startup acts’ more than ever to support innovation

African countries need ‘startup acts’ more than ever to support innovation Adedana Ashebir Contributor Share on Twitter Adedana Ashebir is regional manager for Africa for Village Capital, which has supported more than 100 entrepreneurs and 15 entrepreneur support organizations in Sub-Saharan Africa since 2012. As the fallout from COVID-19 continues to grip […]

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Opera’s OPay still plans Africa expansion on Nigerian super app

Opera’s OPay still plans Africa expansion on Nigerian super app Opera’s Africa fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay also continues to operate ORide for limited passenger service — though the company is shifting the motorcycle ride-hail […]

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