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2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital 2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande […]

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Payment startup Chipper Cash raises $6M for Southern Africa expansion

Payment startup Chipper Cash raises M for Southern Africa expansion African cross-border fintech startup Chipper Cash has raised a $6 million seed-round led by Deciens Capital. The San Francisco-based company offers mobile-based, no fee, P2P payment services in six countries: Ghana, Uganda, Nigeria, Tanzania, Rwanda, and Kenya. Chipper Cash will use the […]

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Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator

Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator Two of Africa’s powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub — CcHub CEO Bosun Tijani confirmed to TechCrunch. The purchase amount is undisclosed, but Tijani said CcHub will finance the deal out […]

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What is Andela, the Africa tech talent accelerator?

What is Andela, the Africa tech talent accelerator? As someone who covers Africa’s tech scene, I’m frequently asked about Andela . That’s not surprising, given the venture gets more global press (arguably) than any startup in Africa. I’ve found many Silicon Valley investors have heard of Andela but aren’t exactly sure what […]

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Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene

Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation of Japanese manufacturer Yamaha. Based in Lagos, […]

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MAX.ng raises $7M round backed by Yamaha and pilots EVs in Nigeria

MAX.ng raises M round backed by Yamaha and pilots EVs in Nigeria Nigerian motorcycle transit startup MAX.ng has raised a $7 million funding round led by Novastar Ventures, with participation of Japanese manufacturer Yamaha. Based in Lagos, the company’s app-based platform coordinates motorcycle taxi and delivery services for individuals and businesses. Six-million […]

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Norrsken opens East Africa startup fund and hub in Kigali

Norrsken opens East Africa startup fund and hub in Kigali Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation—a coworking space and investment fund based in Stockholm—opened its tech fund and entrepreneurship hub in Rwanda today to support ventures across the region. Norrsken’s Kigali center is […]

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Africa Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansion

Africa Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansion Kenyan  communications hardware company BRCK acquired the assets of Nairobi based internet provider Surf and its U.S. parent EveryLayer in a purchase deal of an undisclosed amount in February. Based in Nairobi, Surf is a hotspot service provider aimed at offering affordable internet to lower income […]

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BRCK acquires ISPs EveryLayer and Surf to boost Africa’s public Wi-Fi

BRCK acquires ISPs EveryLayer and Surf to boost Africa’s public Wi-Fi Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot Partech is […]

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African experiments with drone technologies could leapfrog decades of infrastructure neglect

African experiments with drone technologies could leapfrog decades of infrastructure neglect Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Harley-Davidson is opening a Silicon Valley R&D center to power EV production With a $10 […]

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