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Binance CEO Visits West Africa and mPharma Launches New Data Initiative
Binance CEO visits West Africa, Meta's AI can translate 200 languages, and mPharma launches its new data tool
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In The News This Week
Changpeng Zhao, the founder, and CEO of Binance, the world’s largest cryptocurrency and blockchain infrastructure provider recently visited Ivory Coast and Senegal as part of his tour to connect with Binancians across the world and collaborate with policymakers.
Nigerian fintech startup Mono, a fintech that helps enable open banking in Africa and enables access to customer financial data and bank payments for digital businesses, has expanded to Kenya
Autochek has announced the acquisition of CoinAfrique, the leading platform for classified ads in Senegal, Côte d’Ivoire, and other French-speaking African countries
mPharma has launched a new customer-centric product, Facility Insights, on its proprietary data management and pharmacy transformation tool, Bloom.
Ten (10) teams of innovators from across Sub-Saharan Africa have been named finalists in the Afri-Plastics Challenge with solutions for reducing plastic usage.
Klasha Inc, a San Francisco and Lagos-based technology company transforming cross-border African commerce, announces the appointment of Nile Younis as Chief Commercial Officer.
Featured Articles
With 5G rolling out in some African countries in the near future, what advantages will it bring for consumers, businesses, and local governments?
Meta announced that it has built and open-sourced ‘No Language Left Behind’ NLLB-200, a single AI model that is the first to translate across 200 different languages, including 55 African languages
Africa Ecosystem Activity
Kenya
B2B eCommerce platform, Duhqa, raised $2M USD seed round to power the company’s East African expansion
Senegal
Mobile money fintech, Wave, raises ~$91.6M USD from the World Bank’s IFC to expand the company’s operations and services in both Senegal and Côte d'Ivoire.
South Africa
Fintech startup, Sava, raises $1.8M USD pre-seed funding round to further develop its spend-management platform.