Editor’s Word
- Week 48, 2022
- Learn time: 5 minutes
Amidst the information of fishing out phishing scams, extra layoffs and startups exiting markets, a couple of silver linings peek: Zambia says y’ello to 5G, SA regulates crypto exchanges, Abuja offers Nigerian telcos an enormous low cost and Kenya acknowledges smartphones as reputable work instruments for journalists.
These, and extra fascinating tales from the tech ecosystem are on this week’s version of TC Weekender. Comfortable studying!
Pamela Tetteh Editor, TechCabal.
Editor’s Picks
TC Insights: State of Tech Report
We’re quickly approaching the tip of the 12 months’s closing quarter. It’s helpful to assume again on how the earlier quarter performed out earlier than you begin evaluating how This autumn went for the tech ecosystem.
Our Q3 2022 Report is an effective way to begin.
Who introduced the cash this week?
- Solarise, an power leasing firm primarily based in Kenya, raised $33.4 million in debt funding. The spherical was led by the Facility for Power Inclusion (FEI). Different collaborating buyers embrace Oikocredit, the Lion’s Head managed fund and AfricaGoGreen Fund.
- Cameroonian crypto and financial savings platform Ejara, received $8 million in collection A funding.
- Nigerian restaurant administration platform, Orda has raised $3.4 million in a seed spherical. The spherical was led by Quona capital and the FinTech Collective.
- Badili a Kenyan-based smartphone re-commerce platform, raised $2.1 million in pre-seed funding from Enterprise Catalysts, V&R Africa, Grenfell holdings, SOSV, household places of work and angel buyers from Kenya, Nigeria, South Africa and India.