Tag: Lagos
African genomics startup 54gene raises $15M led by Adjuvant Capital
Greater availability of African genomic data could lead to medical breakthroughs for the continent’s 1.2 billion people. That’s the driving proposition of 54gene — a U.S. and Nigeria based startup — that collects African genetic code for use in health research and drug development. The company has closed a $15…
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Visa’s Africa strategy banks on startup partnerships
Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services giant entered a series of collaborations on the continent, but Visa confirmed it in their 2020 Investor Day presentation. On the company’s annual call, participants…
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Africa Roundup: Africa’s tech ecosystem responds to COVID-19
In March, the virus gripping the world — COVID-19 — started to spread in Africa. In short order, actors across the continent’s tech ecosystem began to step up to stem the spread. Early in March Africa’s coronavirus cases by country were in the single digits, but by mid-month those numbers…
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African turns to mobile payments as a tool to curb COVID-19
Africa is using digital finance as a means to stem the spread of COVID-19. Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward mobile money and away from cash — which the World Health Organization flagged as a conduit for the…
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CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak
Africa’s largest innovation incubator, CcHub, will offer funding and engineering support to tech projects aimed at curbing COVID-19 and its social and economic impact. The Lagos and Nairobi based organization posted an open application on its website this week, CcHub CEO Bosun Tijani told TechCrunch on a call. CcHub will…
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A snapshot of the leading startups in Africa’s top VC markets
TechCrunch did a synopsis recently on Africa’s 2019 VC stats. Analyses from investment fund Partech and media outlets Disrupt Africa and WeeTracker came up with varied numbers, but there was a common trend: the top two countries for venture capital to startups across all three studies were Nigeria and Kenya.…
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