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The British High Commission’s UK South Africa Tech Hub, and its partners VC4A (www.VC4A.com) and the Africa Business Angels Network (ABAN), have come together to
The British High Commission’s UK South Africa Tech Hub, and its partners VC4A (www.VC4A.com) and the Africa Business Angels Network (ABAN), have come
Nigerian digital startup Omnibiz has raised $3m to expand into new markets in West Africa
Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is still king. A 2016 study by PwC states that 90% of sales in Africa’s major economies come through informal channels — markets and kiosks. This presents a large market ripe for digitization, and over the […]
SHYFT Power Solutions, which builds IoT and software to optimize distributed energy resource performance and operational efficiency in emerging markets, has announced an additional $3.1M in funding to bring its total seed round to $3.8M. The funding round was led by the SoftBank Vision Fund’s Emerge Program and Total Carbon Neutrality Ventures with participation from other investors including Lofty Inc, Samurai Ventures, and Urban US Ventures. SHYFT was founded by Stanford’s engineers to address the challenges in delivering and scaling clean, reliable, and affordable energy solutions in e...