Category Archives: africa

Showing the power of startup women’s health brands, P&G buys This is L

The P&G acquisition of This is L., a startup retailer of period products and prophylactics, shows just how profitable investing in women’s healthcare brands and products can be. A person with knowledge of the investment put the price tag at roughly $100 million — a healthy outcome for investors and company founder Talia Frenkel. But just as important as the financial outcome is the deal’s implications for other mission-driven companies. This is L. launched from Y Combinator in August 2015 with a service distributing condoms in New York and […]

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Venture capital, global expansion, blockchain and drones characterize African tech in 2018

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 IBM Africa and Hello Tractor pilot AI/blockchain agtech platform Africa Roundup: Terragon’s Asia acquisition, Twiga Foods’ $10M raise, SimbaPay’s China payment service 2018 saw Africa’s tech sector become more dynamic and international. VC firms on the continent multiplied. There were numerous investment rounds. And startups pursued acquisitions and global expansion. Here’s a snapshot of the news that shaped African tech over […]

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Venture capital and the blockchain will be the talk at Startup Battlefield Africa

TechCrunch Startup Battlefield returns to Africa next month, and we have an agenda chock-full of interesting panels and our premier startup competition. Joining us in Lagos, Nigeria on December 11 for a couple of those aforementioned panels will be Chris Folayan, the founder and CEO of Mall for Africa; Nichole Yembra, chief financial, risk and investment officer for Venture Garden Group (VGG) and a managing partner at GreenHouse Capital; and Olaoluwa Samuel-Biyi, partner at Hacked Capital. Chris Folayan, who is originally from Nigeria, graduated from California State […]

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Flutterwave and Ventures Platform CEOs will join us at Startup Battlefield Africa

Startup Battlefield is returning to Africa this December. TechCrunch will be hitting Lagos, Nigeria, bringing with it our Battlefield competition and a day’s worth of panel discussions, focused on topics facing the city’s startup scene. Iyin “E” Aboyeji We’ve already announced a pair of speakers for the event and and are excited to add a couple more to the list, bringing with them expertise on topics like VC funding and blockchain technology. Iyin “E” Aboyeji is the Founder and CEO of Flutterwave, a payment solution designed to […]

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Meet the startups in the latest Alchemist class

Alchemist is the Valley’s premiere enterprise accelerator and every season they feature a group of promising startups. They are also trying something new this year: they’re putting a reserve button next to each company, allowing angels to express their interest in investing immediately. It’s a clever addition to the demo day model. You can watch the live stream at 3pm PST here. Videoflow – Videoflow allows broadcasters to personalize live TV. The founding team is a duo of brothers — one from the creative side of TV […]

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Hear about the keys to local investing at Startup Battlefield Africa with Omobola Johnson and Lexi Novitske

Omobola Johnson (Image: Flickr/World Economic Forum under a CC BY-NC-SA 2.0 TechCrunch Startup Battlefield is returning to Africa in December, this time in Lagos, Nigeria. We will have a day-long program full of our flagship Battlefield competition highlighting the best startups that Africa has to offer. Not only that, we’ll have panel discussions designed to explore the continent’s rapidly developing technological infrastructure on the continent. To wit, I’m excited to announce the first two speakers who will don our stage with direct knowledge about investing Silicon Valley […]

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Expanding its internet service to more countries in Africa, Tizeti raises $3 million

Tizeti, the Nigerian internet service provider behind the brand Wifi.com.ng, has raised $3 million in a new round of funding as it expands its unlimited internet service into Ghana. The new financing was led by 4DX Ventures, a new, Africa-focused fund that’s been deploying capital at an incredibly fast clip since its launch earlier this year. Its portfolio includes Sokowatch, a startup connecting local African retailers to international suppliers; the outsourced programmer placement and apprenticeship service, Andela; and the integrated pharmacy supplier and operator, mPharma. For Walter Baddoo, […]

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