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South African payments startup Yoco has raised US$83-million (about R1.2-billion) from top investors in series-C funding round as demand grows among small businesses for its digital payments tools. New investors include Dragoneer Investment Group, which is making its Africa investment debut, Breyer Capital, HOF Capital, The Raba Partnership, 4DX Ventures, TO…

More and more females are becoming entrepreneurs even though men still dominate the entrepreneurship space. The Global Entrepreneurship Monitor (GEM) 2018-2019 Women’s Report, co-authored by researchers from Babson College and Smith College found that the number of startups by women worldwide still lags that of men. GEM studied the economies in 59 countries, and…

Kibanda TopUp, a B2B platform that connects restaurants to their suppliers, has partnered with Carbon to offer small and medium-sized restaurants access to short-term financing and credit. It is nearly impossible for restaurant owners on the continent to access unsecured working capital loans. This is because traditional lenders do not have…

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