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VALR secures a $50 million Series B fund to expand across Africa

South African crypto exchange VALR has raised a $50 million Series B fund in an equity funding round by Pantera Capital.

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Voyance gets $500,000 pre-seed, launches two flagship products Manhattan DB and Sigma

The $500,000 pre-seed round was led by Beta.Ventures, an early-stage investment firm supporting leading tech entrepreneurs and tech-enabled startups in Nigeria.

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Earnipay raises $4 million seed funding to provide on-demand salary to employees in Africa

Earnipay uses its technology to offer employees the opportunity to access their earned salaries into their accounts flexibly, in real-time and interest-free.

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YC-backed CrowdForce secures $3.6 million to strengthen agency banking in Nigeria

CrowdForce has raised $3.6m pre-series-A to increase access to cash for rural communities in Nigeria.

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Orda secures $1.1 million pre-seed to power digital operations at African restaurants

Orda, a Lagos-based startup has raised a $1.1 million pre-seed fund to build an all-in-one cloud-based software for Africa's food business owners.

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Chekkit closes $500k pre-seed funding round to accelerate clampdown on counterfeit products

Nigerian anti-counterfeit startup, Chekkit closes $500,000 pre-seed round with participation from local and foreign investors.

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Esusu rent closes $10 million Series A with investment from Serena Williams

Esusu, which was co-founded by Nigerian, Abbey Wemimo, has now raised over $14 million in venture funding since its launch.

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Thrive Agric pauses crowdfunding, doubles down on building tech to support agriculture.

Thrive Agric completed its repayment to retail investors (crowdfunders) in April 2021, after COVID-19 induced delays. Now, they will double down on technology to build the largest network of farmers across Africa.

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Spotify’s expansion and the short history of music distribution in Nigeria

Spotify is expanding to Nigeria. This piece shines a light on the history of music distribution and the advent of streaming platforms in Nigeria.

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Vantage Capital invests $28.0 million in Cliniques Internationales du Maroc Group (CIM) Holding

Vantage’s funding will enable the founding family to part-finance the extension of the existing clinic in Marrakech and the opening of new clinics in Tangier and Casablanca

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Anzisha Prize announces 20 finalists for Very Young African Entrepreneurs 2020

Anzisha Prize announced the finalists of its Very Young African Entrepreneurs annual competition on Thursday, September 17, 2020.

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54gene closes $15 million Series A, sets up Scientific Advisory Board

54gene close s $15 million Series A, sets up a Scientific Advisory Board. In less than two years, 54gene has raised $19.5 million.

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