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Nigerian startup Alajo is an escrowed digital piggy bank for the under- and un-banked, which allows people to access financial services without the need for internet access. Founded in 2021, Alajo helps people to save money using USSD, IVR and SMS through PoS and money agents in their communities, delivered via a savings infrastructure on a Mobile App.

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Nigeria’s Autochek, an auto-tech company making car ownership more accessible and affordable across Africa, has announced the acquisition of a majority stake in Egypt’s AutoTager to deepen its presence in North Africa and support the company’s ongoing growth.

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Venture capital activity around climate tech has been heating up in Africa despite the global VC funding cooldown. The continent’s climate tech startups secured over $860 million in equity funding, largely driven by clean energy technologies, representing 3.5x growth amid macroeconomic headwinds last year, data shows, making climate Africa’s most funded sector after fintech.

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At a time when CRM giant Salesforce has been slashing jobs and cutting down on its real estate footprint globally in a bid to prune costs by $3-5 billion, it is beefing up its India presence with a chunk of it happening in Hyderabad.

CDPI Emerging Markets

Gupshup a cloud messaging and conversational experiences platform, sees many micro, small and medium-sized companies (MSMEs) resorting to chatbots in the years to come for having a digital presence in India, which is the largest market for the company that achieved a billion-dollar valuation in April 2021. A rapidly digitising corporate India that cannot afford the archaic infrastructure and understands the importance of innovative and stable technology is an enormous opportunity for Gupshup.

CDPI Emerging Markets

CDPI Emerging Markets

Plans are to expand internationally and provide restaurant managers with single system to streamline inefficient, disjointed systems restaurants typically have. Restoplus provides a branded website and mobile app, point-of-service (POS) system, QR ordering, inventory management, staff rostering, reservations, commission-free delivery service and SMS/email marketing – all under a single subscription.

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The Renault deal is oOh!media’s first bespoke sponsorship with content partner Broadsheet and News Corp Australia. Broadsheet, which delivers hyper targeted and curated lifestyle recommendations on where to eat on the Office network, will create bespoke Renault content aligned to its target audience and amplified on oOh!’s digital screens.

CDPI Emerging Markets

Grab, Southeast Asia’s leading superapp, has announced new in-app travel innovations and partnerships to give travelers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback.

CDPI Emerging Markets

The Malaysia Digital Economy Corp (MDEC) announced that it is targeting RM1 billion (US$230 million) in investment opportunities from nine sectors by 2025. The nine sectors are Digital Tourism, Digital Content, Digital Finance, Digital Health, Digital Cities, Digital Services, Digital Agriculture, Digital Trade, and the Islamic Digital Economy.

CDPI Emerging Markets

Third-party cookie deprecation lets Google please privacy advocates while harming competitors. Lest the competitive benefits become too clear, the company is eager to show that advertisers can get acceptable results from alternatives like contextual targeting, interest-based cohorts, and publishers’ first-party data. It just released a test concluding exactly that: ad campaigns without third party cookies performed only a little worse than those using cookies. (Details here.) They mention but don’t stress that the test doesn’t consider lost measurement or retargeting.

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Google has a lot on its collective mind, from renaming its FLEDGE ad targeting API (now Protected Audience API) to watching another nine states join the anti-trust lawsuit filed by eight other states and federal Department of Justice. But they still had time to join the verification parade with a new, blue badge for advertisers. The spread of verification seems to reflect a broad social worry about knowing who to trust, but maybe I’m over-thinking.

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