December in Africa: Ghanian healthcare drones and Cameroonian separatist cryptocurrency

2019-1-7 13:33

December is an expensive month for anyone, and tech companies across Africa went on a fundraising spree in advance of the festive period last month. Companies from across the continent, in a variety of sectors, raised funding in December.

Most notable was pan-African e-commerce company Jumia, which raised strategic investment from the alcoholic beverage brand Pernod Ricard. Another major fundraiser was infrastructure firm Liquid Telecom, which secured a $180 million USD cash injection from CDC Group, while Nigerian travel company Wakanow raised $40 million USD. South African fintech company JUMO took its total raised funds to over $103 million USD…

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2018-12-18 01:00


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2018-12-13 15:37


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The Basis stablecoin project which had raised over $133 Million in venture capital, is reportedly shutting down and returning a vast majority of the funds to investors. Unlike other projects shutting down due to the bear market, Basis is shutting down due to regulatory hurdles as it tried to get the stablecoin project up and […] The post $133 Million Stablecoin Project of Basis is Reportedly Shutting Down appeared first on Ethereum World News.

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Basis, one of the most well-known stablecoin projects, is shutting down and returning the majority of capital raised to investors, the Block reported citing multiple sources with direct knowledge. The company, which raised $133 million in funding, faced with regulators as it attempted to get its algorithmic stablecoin off the ground. As a result, Basis […]

2018-12-13 11:38


Galaxy Digital Майка Новограца и Fidelity инвестировали $4 млн в компанию BlockFi

В ходе возглавляемого Akuna Capital раунда финансирования криптовалютная компания BlockFi привлекла $4 млн. Среди других инвесторов — Galaxy Digital Ventures, Morgan Creek Digital, Susquehanna Government Product и подразделение Fidelity Investments — фирма Devonshire Investors.

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