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Nigeria’s Rensource raises $20M to power African markets by solar

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Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company...

Jiji raises $21M for its Africa online classifieds business

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Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria based...

Samasource raises $14.8M for global AI data biz driven from Africa

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AI training data provider Samasource has raised a $14.8 million Series A funding round led by Ridge Ventures. The San Francisco headquartered company delivers Fortune...

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

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Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet...

Solar based ISP startup Tizeti launches 4G LTE network in Nigeria

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Nigerian internet service provider Tizeti has launched its first 4G LTE network. The Y-Combinator backed startup — that uses solar powered towers to deliver net...

Naspers Foundry is open for South African startup pitches, CEO says

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Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches, after making its first...

Nigerian online-only bank startup Kuda raises $1.6M

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Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the...

DHL expands Africa eShop online retail app to 34 countries

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DHL  has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34...

Accion Venture Lab launches $23M inclusive fintech startup fund

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Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership,...

Tastemakers raises $1.4M to sell Africa experiences to the world

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New York based startup Tastemakers has raised a $1.4 million seed-round—led Precursor Ventures—for its business that connects Africa adventures to global consumers. Tastemakers’ platform curates,...