Goldman backs Kobo360, Rwanda commits to EVs, Interswitch IPO update – gpgmail

[ad_1] Nigerian freight logistics startup Kobo360 raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber-like app that connects truckers and companies to delivery services — will use the funds to upgrade its platform and expand to 10 new countries beyond […]

What is Andela, the Africa tech talent accelerator? – gpgmail

[ad_1] As someone who covers Africa’s tech scene, I’m frequently asked about Andela. That’s not surprising, given the venture gets more global press (arguably) than any startup in Africa. I’ve found many Silicon Valley investors have heard of Andela but aren’t exactly sure what it does. In a bite, Andela is Series D stage startup―backed […]

Former Google X ecec Mo Gawdat wants to reinvent consumerism – gpgmail

[ad_1] Mo Gawdat, the former Google and Google X executive, is probably best known for his book Solve for Happy: Engineer Your Path to Joy. He left Google X last year. Quite a bit has been written about the events that led to him leaving Google, including the tragic death of his son. While happiness […]

Former Google X exec Mo Gawdat wants to reinvent consumerism – gpgmail

[ad_1] Mo Gawdat, the former Google and Google X executive, is probably best known for his book Solve for Happy: Engineer Your Path to Joy. He left Google X last year. Quite a bit has been written about the events that led to him leaving Google, including the tragic death of his son. While happiness […]

Scientists Are Using AI to Recreate the Rules of Long Lost Board Games

[ad_1] This site may earn affiliate commissions from the links on this page. Terms of use. Human beings tend to bury objects that they consider most important to their lives. It’s not surprising, therefore, that some people chose to buy games, including board games. Some of these artifacts have survived the centuries, leaving modern-day archaeologists […]

Andrew Ng’s AI companies expand to Medellin, Colombia – gpgmail

[ad_1] After his tenure as Chief Scientist at Baidu, Andrew Ng, the founder of the Google Brain project and former CEO of Coursera, set up a number of different proejcts that all focus on making AI more approachable. These include the education startup Deeplearning.ai, the AI Fund startup studio for building AI companies and Landing.ai, […]

China’s Transsion and Kenya’s Wapi Capital partner on Africa fund – gpgmail

[ad_1] Chinese mobile-phone and device maker Transsion is teaming up with Kenya’s Wapi Capital to source and fund early-stage African fintech startups. Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa that recently confirmed its imminent IPO. Wapi Capital is the venture fund of Kenyan fintech startup Wapi Pay—a Nairobi based company that facilitates […]

Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry – gpgmail

[ad_1] Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefitted more from Y Combinator’s attention than startups from emerging markets tackling the the logistics market. On the heels of the success the accelerator had seen with […]

Africa’s top mobile phone seller Transsion to list in Chinese IPO – gpgmail

[ad_1] Chinese mobile-phone and device maker Transsion will list in an IPO on Shanghai’s STAR Market,  Transsion confirmed to gpgmail.  The company—which has a robust Africa sales network—could raise up to 3 billion yuan (or $426 million). “The company’s listing-related work is running smoothly. The registration application and issuance process is still underway, with the […]

Africa’s ride-hail markets are hot spots for startups and VC – gpgmail

[ad_1] When it comes to VC, vehicles, and startups, Africa’s ride-hail markets are becoming a multi-wheeled and global affair. The big players such as Uber and Bolt are competing in Kampala and Nairobi—where in addition to car-service—they offer rickshaw taxis. On-demand motorcycle startups are multiplying and piloting EVs with funds from international partners. And many ride-hail companies in […]