Gavi, GlaxoSmithKline (GSK), and MedAccess are coming together to fight malaria.
The three companies have entered into a funding agreement to continue the production of the first safe malaria vaccine, RTS,S/AS01e. Malaria affects millions of people annually, killing hundreds of thousands who can’t get quality treatment. It’d be a boost to finally reduce the endemic.
In today’s edition:
Quick Fire 🔥
From startup founders to investment mogul
MTN and eMedia launch video streaming service
TC Insights: Funding Tracker
Quick Fire 🔥 with RAYMOND MALINGA
Explain your job to a five-year-old
I make drawings move and come to life.
What was going through your mind when you dropped out from studying computer science to pursue animation?
This may be my only chance to do this so I’m going to make the most out of it!
What’s the best advice you’ve ever received in your career?
“If you want to go fast go alone, if you want to go far go together”.
I have always been ‘build Uganda, build East Africa, and build Africa focused’. I however was challenged about my motivations early on in university when I did have a ‘me-centric’ approach to doing things. Learning to let others’ ideas shine and compliment my own changed the course of how I approached my ambitions. Building a team and seeking others that feel the same too.
What should people know about the animation space in Africa?
Every little effort counts! There are a scattered number of visionaries all over the continent that are working tirelessly to build a solid foundation for the next generation of opportunities through the animation industry.
It’s the right time for you to join that journey too! Whether you’re an artist, admin, lawyer, musician, etc there could be a place for you in this industry!
If you could collect any random object with no limit, what would you collect?
A time machine. I love time travel. And this way I get my pick of objects all through history!
I hope this isn’t cheating haha!
What’s one animation movie we should watch this weekend?
Fantastic Mr. Fox.
Raymond is an award winning cartoon storyteller from Uganda
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Meet some of the speakers at the Future of Commerce
On the 24th of September, we’re bringing together some of the most seasoned minds across e-commerce, logistics, payments, cryptocurrency, and some other exciting sectors. Let’s meet some of them:
Juliet Anammah – Chairwoman, Jumia Nigeria, and Group Chief Sustainability Officer
Juliet joined Jumia in 2015 as Chief Executive Officer of Jumia Nigeria. She has over 28 years of professional experience covering consulting, consumer goods, sales and marketing, and e-commerce and sits on several boards in a non-executive capacity.
Ray started out as an entrepreneur in 2001; he founded a successful ringtone business and then had a series of start-ups before setting up Paxful with Artur Schaback. At Paxful, Ray is CEO and looks after growth, marketing, customer service, and operations.
Marcello is in charge of international expansion at Yoco, a fintech startup that helps over 95,000 SMEs in South Africa accept digital payments. Marcello is tasked with expanding Yoco’s offering to SMEs across the continent and beyond.
Nakampe focuses on building the Uber Eats business across South Africa and Kenya. He previously worked in Strategy, Business Planning, Performance Management, and Logistics at Coca-Cola South Africa, Southern, East, and Central Africa.
Tracey is a renowned entrepreneur and seasoned business executive who has been involved in leading social businesses, social investing, and international development for more than 25 years. Currently, she serves as Founder and Executive Chairman of Copia Global, which is bringing mobile to middle/low-income consumers starting in East Africa.
🔔Still having doubts? For your sake, we hope not. Book your slot now.
The Future of Commerce is brought to you in partnership with DAI Magister and Paystack and is sponsored by Paga, Chipper Cash and Klasha.
🤝Interested in sponsoring? Good call. Send an email now to firstname.lastname@example.org.
Join the Future Africa Collective – an exclusive community of investors who invest in startups building the future of Africa. With a $1,000 annual or a $300 quarterly subscription fee, you get access to invest a minimum of $2,500 in up to 20 fast-growing African startups each year. Learn More
MTN AND EMEDIA LAUNCH VIDEO STREAMING SERVICE
Udacity is collaborating with Access Bank, a multinational commercial bank, to empower people in Africa who are interested in learning tech-forward skills to kick-start careers in the banking industry in 2021.
The collaboration aims at providing 1,000 Nanodegree program scholarships for Africans to build practical, in-demand, cutting-edge tech skills. Current available programs include Business Analytics, Intro to Programming, Product Manager, Digital Marketing, and Programming for Data Science with Python.
This week, Nigeria digital bank, Kuda raised its second round of funding in 2021. This $55milion Series B was led by Target Global and Valar Ventures with participation from SBI Investment and other angels.
The other deals for the week are:
South African agritech startup KHULA! closed a $1.4million seed round from AECI and E Squared Investments.
Wapi Pay, a Kenyan mobile payments startup, raised $2.2million from MSA Capital, Transsion Holding, Gobi Ventures, EchoVC Partners, Kepple Africa Ventures, and Future Hub.
Creditfins, an Egyptian credit card management and financial wellness platform, raised an undisclosed pre-seed round from Flat6Labs, AUC Angels, TA Telecom Holding and other angel investors.
South African digital insurance platform Naked secured an $11million Series A round from Naspers Foundry, Hollard Insurance, and Yellowwood.
Egyptian e-commerce startup Teegara closed a five-figure pre-seed funding round from the Alexandria Angels Network and several other angel investors.
MVX, a Nigerian digital freight startup, secured $1.3million in seed funding from Kepple Africa Ventures, Launch Africa Ventures, Founders Factory, The Continent Venture Partners, and Capital Oak.
That’s all we’ve got this week!
Follow TC Insights on Twitter and LinkedIn for more updates on funding deals.
Every week, TechCabal shares job opportunities in the African ecosystem.