CDP Institute

Constant Ventures, a part of the Constant Group, is raising a US$100 million venture capital fund to invest across a range of technology startups in West Africa.

New Ipsos report for the World Economic Forum looks at consumer familiarity with VR, AR and metaverse, the gender attitude towards them and use cases. The report surveyed adults across 29 countries and found 52% overall are familiar with the metaverse, compared to 44%  in Australia.

Convo Ink offers a smart content marketing engine designed to connect marketers, content producers and publishers in order to deliver branded content to audiences. The new seed funds will be used to expand content platform capabilities and further invest in the recently launched attention measure, the Quality Attention Score.

Australian broadcast giant ABC has reported that learning software providers were slurping up data of students during the pandemic without clearly indicating they were doing so, but failed to disclose that both its iview service and its news website do something quite similar.

Global cloud communications company Infobip has inked a partnership with Data Cohorts, a company specializing in customer communications management and business process outsourcing, to offer the financial services and insurance industries a unified communications platform to enhance customer service experience through digital solutions.

PT GoTo Gojek Tokopedia Tbk, the largest digital ecosystem in Indonesia, announced its financial results for 1Q22 and FY 2021, with a 53% growth in gross revenue.

Mexican unicorn Konfío, a fintech that offers credit and financial solutions to small and medium-sized enterprises, received a $10 million loan Citibanamex, the DFC, and the Ford Foundation, to strengthen its offerings to SMEs in financially excluded communities or traditionally underserved communities.

Argentina-based clicOH is the latest shipping technology company attracting venture capital funding, raising $25 million in Series A funding in a round led by Tiger Global. ClicOH, operates in Argentina, Mexico, Chile and Uruguay, and its proprietary technology enables sellers to track shipments in real time via a dashboard with key indicators and traceability. That demand has enabled clicOH to grow quickly since launching its current business model in 2020.

Nigerian fintech startup Sproutly is a virtual banking app for children under the age of 17, providing digital savings products and a debit card with built-in parental control. Sproutly provides kids with an app-based savings account and linked debit card to allow them to save, manage and spend their money, while at the same time allowing parents to control outflows and set targets via a parents app.

South African ed-tech startup FoondaMate has raised US$2 million in seed funding as it aims to close global education inequality gaps using its AI-powered learning platform. The Startup has built a chat-based, AI-powered learning bot that helps students get fast, easy and safe access to study materials and help via open chat platforms such as WhatsApp and Facebook Messenger.

Appetito, the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma, an identical startup with operations in the Maghreb regions of Tunisia and Morocco.

Duo, a cloud-based secure access provider which is now a part of Cisco, has launched its first data center in Mumba, India. The aim is to help its customers strengthen cyber defences and meet data localization requirements. This is the latest n Cisco’s investments to build future ready, data compliant security infrastructure in India.