Africa’s first integrated tech company on a continental scale, Cassava Technologies, announced today that it has received a US$50 million investment from C5 Capital (C5), a venture capital firm that invests in cyber security, space security, and energy security.
IFC, a global development organization, has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money companies that are assisting with lowering pricing and extending services in the region. This investment aims to promote financial inclusion and boost economic growth in Senegal and Côte d’Ivoire.
Data Privacy has taken center stage around the globe. Across industries, the time to prioritize privacy processes is now. RadarFirst, the global innovator in privacy incident management, unveils new branding and platform features that focus on efficiency and scalability for maturing privacy programs.
The past year has been tough for all kinds of tech investments. This LUMA report offers an overview of martech, adtech, and content tech financial activity in public markets, private financing, and mergers and acquisitions. To summarize a mixed picture: the bleeding has stopped but growth has not yet resumed.