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Business Leaders From UAE & Africa To Mentor High-Potential Startups

Business leaders from the UAE and Africa to mentor high-potential start-ups as they build their businesses and target new market opportunities Announcement comes ahead of the 5th Global Business Forum on Africa, taking place on November 18th-19th 2019 in Dubai First-of-its-kind mentorship programme aims to foster cross-border cooperation between UAE and African …

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SA trio behind US-based startup Sortd net funding from HAVAÍC

Sortd, a US-based software startup founded by three SA founders, has secured investment from Cape Town based venture capital (VC) firm HAVAÍC. Sortd has developed a subscription-based productivity suite for users of Gmail and GSuite (Google’s business offering). The Delaware-registered startup — founded by Rodney Kuhn (pictured above, left), Wayne Silbermann (pictured above, …

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Zambian asset financing startup Rent to Own raises $1.13m funding

Zambian asset financing startup Rent to Own has secured an investment of EUR1 million (US$1.13 million) in order to help it double its portfolio of rural Zambian entrepreneurs. Rent to Own provides high-impact assets to small scale-entrepreneurs and smallholder farmers in rural Zambia, offering an “all-in-one” package of non-collateralised financing, delivery, …

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Opera founded startup OPay raises $50M for mobile finance in Nigeria

OPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding. Lead investors include Sequoia China, IDG Capital  and Source Code Capital. Opera  also joined the round in the payments venture it created. OPay will use the capital (which wasn’t given a stage designation) primarily to grow its digital …

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Techstars Impact Accelerator 2019 welcomes Nigerian, Ghanaian startups

Two African startups from Ghana and Nigeria are part of the 10 companies that have been selected to join the Techstars Impact Accelerator 2019 Class. The two are Ghanaian agritech Cowtribe and Nigerian insurtech Wella Health. The Techstars Impact Accelerator backs for-profit, mission-driven founders building tech solutions to solve social and environmental problems. The programme …

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