News Snapshot:
United States (US)-based venture capital firm SOSV has named three African startups – Egypt’s DXwand, Kenya’s MarketForce and Nigeria’s PricePally – among the 10 companies selected to receive approximately US$150,000 in seed funding as part of its cross-border programme. SOSV provides multi-stage investment to develop and scale big ideas for positive change, investing in 150 companies every year through category-leading startup development programs. The 10 startups chosen for this cohort are tackling global challenges from food security for Africa to lending solutions for the unbanked, and three of them hail from Africa. They are Egypt’s DXwand , a conversational AI...
