african tech

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    The Entrepreneurial Pros and Cons of Impact Investing in African Tech

    In the dynamic landscape of investments, a growing trend called impact investing has arisen, with a focus on supporting African tech entrepreneurs.. This distinctive approach seeks to yield not only financial gains but also engender positive societal and environmental changes. Delving into this...
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    This Indian startup is building credit profiles for Africans using mobile money data

    “Assessing creditworthiness without a formal history is a major problem in financial services in Africa while social demographic data isn’t sufficient to make good credit decisions,” notes Eunice Gatama, Director for Africa Business at Yabx, one of the fintech driving alternative credit scoring...
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    Digital banking platform, Umba raises $15 million for expansion

    Umba, a Nigerian digital banking platform operating in Lagos, Nigeria, has raised $15 million in Series A funding to expand financial products to underserved population across Africa. The new funding follows a $2 million seed round in 2020, bringing the total funding received till date to...
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    BioCertica raises $1.6 million in Seed Round

    Billed as the first African-based direct-to-consumer genetics company to introduce polygenic risk scoring (PRS) to generate DNA test results, BioCertica has just launched a $1.6 million seed round after raising $650 000 in pre-seed funding. PRS results is said to enable BioCertica to provide...
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