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P2P EdTech Platform Brainly secures $30 Million in Naspers led Round, GreenTec Capital partners Senegalese Government to Fund Entrepreneurs with up to €500,000 and More

Tech Gist Africa by Tech Gist Africa
07/26/2019
in Africa News, Big 5 Daily, News, The Big 5, World News
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Happy Weekend Guys!

Before we settle for the weekend rendezvous, let’s have a go at today’s episode of the Big 5 Daily!

Have a fun read!

Guess what? South Africa’s Naspers led the $30 million funding round for Brainly—a polish P2P edtech platform.  The firm plans to utilize the funds to boost its user experience and also expand to the US. Brainly has about 150 million monthly active users and is present across 35 countries. Exciting news, right?

Dear entrepreneurs in Senegal, this will interest you! The German investment firm, GreenTech Capital Partners has partnered with the Senegalese government, in a bid to fund entrepreneurs with between €10,000 to €500,000. The initiative will grant high potential entrepreneurs’ access to gain better support. There are loads packaged for them. Check out the blog for more!


See also: Google unveils new Products at Google for Nigeria Event, Sokowatch secures $2.5 Million Funding Round, plans to expand to Rwanda and Uganda and More


Also, Tambia—a Kenyan-based B2B agritech startup, has secured $100,000 funding from US-based impact investor Gray Matters Capital. Tambia is a mobile-based cashless platform which connects rural smallholder farmers and urban buyers. The platform will leverage the fund to roll out their pilot phases in the cities of Mombasa and Kisumu. What do you think?

African fintech company, Cassava Fintech International (CFI), has launched an all-in-one social Payments platform Sasai. The platform will integrate instant messaging, social media and mobile payments into one App. Great innovation, don’t you think so?

Finally, Nigeria’s biggest telecommunications company, MTN has appointed Ernest Ndukwe, the former Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC) as its new chairman. He is to replace Dr Pascal Dozie the present Chairman, who is set to retire by September 2019. You can read all about it on the blog and also share your thoughts.

 

That’s it for today’s Big 5 Daily!

See you next week!

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Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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