Global Beehive

Ila Dhond10/02/2023
231

Orange Ventures led $1 M secured by Moroccan B2B e-commerce startup Chari

In its most recent round of investment, Chari, a B2B e-commerce business with embedded finance for the FMCG industry, secured…
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Ila Dhond10/02/2023
200

Partech Africa II closed at $262 M, exceeding target fund size

The Partech Africa II fund’s first closure, which is already beyond the intended fund size of EUR245 million (US $262…
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Ila Dhond10/02/2023
183

Disney to lay-off 7,000 employees to save $5.5 B

Disney, a major player in the media, is reorganizing its business and eliminating 7,000 positions to save US $5.5 billion…
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Ila Dhond08/02/2023
208

15% of its total employees to be laid-off by Zoom

Zoom, a platform for video conferences, will let go 1,300 workers, or around 15% of its total workforce, according to…
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Ila Dhond08/02/2023
251

Undisclosed Pre-seed funding raised by Moroccan fintech startup Gwala

Gwala, a Moroccan FinTech firm, has secured an undisclosed pre-seed round of capital to aid in its growth. Gwala, a…
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Ila Dhond07/02/2023
217

In 2022, funding for African tech startups surpasses $3 billion

In 2022, funding for the African digital startup ecosystem crossed the US $3 billion threshold for the first time, and…
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Ila Dhond06/02/2023
314

GrindstoneX, Naspers Labs female-focused accelerator selected ten SA startups

The three-year GrindstoneX accelerator program, which seeks to empower female entrepreneurs while generating employment, has chosen ten South African firms.…
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Ila Dhond06/02/2023
254

ARM Labs Lagos Techstars accelerator programme selected 12 startups for $120k

The first ARM Labs Lagos Techstars accelerator, which offers access to up to US $120,000 in equity capital and other…
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Ila Dhond03/02/2023
263

Three African agri-tech startups won $1.5 M AYuTe Africa Challenge

The AYuTe Africa Challenge has identified three African agri-tech firms as winners. These companies, ThriveAgric of Nigeria, DigicCow of Kenya,…
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Ila Dhond03/02/2023
287

$35 M Series B funding raised by SA fintech Lulalend

Lulalend, a South African FinTech firm that provides digital lending services to underprivileged SMEs, has secured US $35 million in…
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