This week: MTN builds personal 5G networks in SA

Editor’s Notice

Week 37, 2022
Learn time: 5 minutes

Put up-pandemic, healthtech stays in good well being. Proper on the heels of mPharma’s acquisition of HealthPlus, startup Remedial Well being has raised seed. How a lot? That data, and extra, is on this version of TC Weekender.

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Kelechi Njoku Senior Editor, TechCabal.

Editor’s Picks

	Free switch in Tanzania Beginning in October, Tanzanians will wave goodbye to switch charges on withdrawal of money by means of financial institution brokers and ATMs for transactions lower than $12.81. Find out why.
	Flutterwave integrates Google Pay After integrating naira on its platform, Flutterwave has stored the promise it made two days after elevating $250 million in a Collection D increase—to combine Google pay for funds on its platform. Apple Pay is on its means. Learn more.
	Sendy is now a B2B Sendy is now unique to enterprise clients. The Safaricom-backed logistics startup has totally transitioned right into a B2B enterprise. Now its product Sendy Transport is out there to solely companies. More details.
	CBK licenses solely 10 digital lenders Following the expiration of the three-day ultimatum by the Central Financial institution of Kenya (CBK), 10 digital lenders in Kenya have now been formally licensed to function within the nation. Learn more.
	Jumia will get larger facility in Kenya Giants want massive homes. E-commerce large Jumia has launched an 11,000-square-metre warehouse and logistics community facility in Nairobi. The situation positions Jumia for extra effectivity, extra income and fewer environmental injury. Read more.

	Classes from Kuda’s loss On Friday, September 16, information broke that Kuda Financial institution had made a lack of ₦6 billion in 2021. Whereas the information is stunning, there are some classes to be discovered. Learn the lessons.

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	Bamboo launches in Ghana Ghana will get its personal Bamboo because the Nigerian on-line brokerage agency expands into the nation. It’s welcomed by a waitlist of over 50,000 customers who will now have the ability to purchase and put money into shares from US firms like Apple Inc and Tesla. Learn more.
	MTN builds personal 5G networks in SA MTN is constructing personal 5G for mining and port industries in South Africa. The service will give shoppers the flexibility to regulate their very own communication community. More details.
	Binance excursions francophone Africa Binance, a number one world crypto infrastructure supplier, commenced a tour to 5 international locations in francophone Africa desiring to create extra consciousness of crypto and web3. Learn more.
	Nedbank enters the metaverse Following the steps of MTN, Nedbank had planted its toes within the metaverse. The South African financial institution acquired a 12×12 village in Ubuntuland, Africarare’s metaverse. Read more.
	Quidax crashes The web site of Nigerian cryptocurrency trade Quidax crashed after promoting on Nigeria’s largest tv occasion, Massive Brother Naija. The present led visitors of about 2.4 million hits to its web site from over 25 international locations. Learn more.

Who introduced the cash this week?

Nigerian healthtech startup, Remedial well being, raised $4.4 million in seed funding.
Ivorian fintech Julaya, raised $5 million in a pre-Collection A spherical led by European enterprise capital fund, Speedinvest.
SecondSTAX, a fintech firm primarily based in Ghana, raised $1.6 million in a pre-seed spherical from LoftyInc Capital Administration and ORBIT54 .
South African e-health firm LocumBase, raised an undisclosed quantity in funding from Grindstone ventures.