African Tech Hotlinks

Nov 9, 2021

There is A LOT of funding going on right now, let me know if I missed a big one.

Funding Rounds:

• Electric (Bus) Vehicle Startup BasiGo Launches Operations In Kenya

• Chipper Cash gets $2B valuation with $150M extension round led by FTX

• WiCrypt, Africa’s First Blockchain-based WiFi Sharing Network, Raises $1.5 Million from Polygon Founder

• Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round

• Kenyan fintech Asante announces $7.5m Series A funding for pan-African expansion

• Liquid Eyes Africa’s Largest Tech Markets After $250-Million Boost from IFC

• Rwandan (electric motorcycle) startup, Ampersand, secures $9 million loan from DFC

Reports and Events:

• Report: How tech and agriculture can help Africa’s pandemic recovery

• Event: The 9th Angel Fair Africa kicks off Nov 25 in Mauritius

• Event: AfriLabs just had it’s 10 year anniversary, and expands to 320 innovation hubs in 51 African countries