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Japanese VC Samurai Incubate closes $18.6M fund for African startups – TechCrunch

by Tage Kene-Okafor | Apr 15, 2021 | News

Samurai Incubate, a Tokyo-based venture capital firm, announced today it has closed its “Samurai Africa 2nd General Partnership” fund, totalling 2.026 billion yen (~$18.6 million). According to the firm, the fund was oversubscribed as it targeted 2 billion (~$18.5...

South Africa’s Quro Medical comes out of stealth with $1.1M to expand its hospital-at-home service – TechCrunch

by Tage Kene-Okafor | Apr 14, 2021 | News

For a continent with such stark inequality, Africa has seen limited innovation to increase access to healthcare and reduce healthcare delivery costs. Over the years, there has been continued investment in traditional care models despite the overwhelming evidence of...

African crypto usage spurs Luno as customers reach 7M – TechCrunch

by Tage Kene-Okafor | Apr 13, 2021 | News

The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike bitcoin experienced was also accelerated by its global adoption as...

Twitter to set up its first African presence in Ghana – TechCrunch

by Tage Kene-Okafor | Apr 13, 2021 | News

Twitter CEO Jack Dorsey, via a tweet, announced that the company would be setting up a presence in Africa. “Twitter is now present on the continent. Thank you, Ghana and Nana Akufo-Addo,” he said. In a statement, Twitter says it is now actively building a team in...

Nigerian fintech Appzone raises $10M for expansion and proprietary technology – TechCrunch

by Tage Kene-Okafor | Apr 12, 2021 | News

Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. However, they seem to be doing quite well compared with traditional banks that face challenges...
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