Tag: Ghana
African fintech startup Chipper Cash raises $30M 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 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company…
Read More
Africa Roundup: DHL invests in MallforAfrica, Zipline launches in US, Novastar raises $200M
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 minority stake in Link Commerce, a turn-key e-commerce company that grew…
Read More
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 with a network in the Southeastern United States. Through…
Read More
African countries need ‘startup acts’ more than ever to support innovation
National initiatives catalyze growth in the region’s burgeoning tech sector Adedana Ashebir 7 hours Adedana Ashebir Contributor 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…
Read More
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 operation toward logistics businesses. These were some of…
Read More
Nigeria’s Helium Health raises $10M Series A for Africa expansion
Nigerian startup Helium Health sits in a good position during a difficult period, according to its co-founder. The Lagos based healthtech venture is in the black, has batted away acquisition offers, and just raised a $10 million Series A round, CEO Adegoke Olubusi told TechCrunch. The startup offers a product…
Read More