Category: African

Smithsonian African American History Museum Defines ‘Whiteness’: Individualism, Science, Hard Work
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Smithsonian African American History Museum Defines ‘Whiteness’: Individualism, Science, Hard Work

The National Museum of African American History and Culture, part of the U.S. government-run Smithsonian Institution, includes a web page about “whiteness” in America that defines it to include individualism, science, and hard work. The web page on whiteness appears to have been live on the museum’s website for just over a month, according to a…

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African payment startup Chipper Cash raises $13.8M Series A
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African payment startup Chipper Cash raises $13.8M Series A

African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally. The raise caps an event filled run for the San Francisco based payments company, founded two years ago by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The two came…

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African fintech firm Flutterwave launches SME e-commerce portal
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African fintech firm Flutterwave launches SME e-commerce portal

San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more eBay — with no inventory or warehouse requirements. Flutterwave insists the move doesn’t represent any shift away from its core payments business. The company accelerated the development…

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Did African startups raise $496M, $1B or $2B in 2019?
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Did African startups raise $496M, $1B or $2B in 2019?

Five years ago, it was hard to come by any numbers for annual VC investment in Africa. These days the challenge is choosing which number to follow. That’s the case for three venture funding studies for Africa that turned up varied results. The numbers and variance Investment stats released by media outlet Disrupt Africa, data-base…

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South African fintech startup Jumo raises second $50M+ VC round
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South African fintech startup Jumo raises second $50M+ VC round

South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in Cape Town, the venture offers a full tech stack for partners to build savings, lending, and insurance products for customers in emerging markets. This week’s funding follows a $52 million…

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African crowdsolving startup Zindi scales 10,000 data scientists
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African crowdsolving startup Zindi scales 10,000 data scientists

Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve complex problems in Africa. Founded in 2018, the early-stage venture allows companies, NGOs or government institutions to host online competitions around data-oriented challenges. Zindi opens the contests to the African data scientists on its site…

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Legal African Immigrant to Trump: Thanks for Helping African Americans
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Legal African Immigrant to Trump: Thanks for Helping African Americans

Ben Okereke, who legally immigrated to America when he was 14-years-old, took part in Turning Point USA’s 2019 Young Black Leadership Summit Friday at the White House, where he thanked President Donald Trump for everything he has “done for the African American community so far.” “With us this afternoon is Ben Okereke,” Trump said as…

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