Kene Okafor is the CEO of Flutterwave Africa, a company that helps Africans find and use the most popular apps on the market Warminster. The company’s goal is to change the way people in Africa use the Internet by creating mobile applications that allow them to connect with friends, family, and businesses. By using its platform, users can save time and money and make life easier.
Growing population and lifestyle changes are contributing to a growing number of Africans suffering from chronic diseases
The growing population and lifestyle changes in Africa are contributing to a growing number of Africans suffering from chronic diseases. As a result, the burden of NCDs in sub-Saharan Africa is high, and urgent action is needed to address the health challenges.
Sub-Saharan Africa is experiencing a rapid shift in the disease burden. This is attributed to demographic transition, urbanisation, and changing lifestyles. In addition, there are significant social and economic barriers to healthy living. A major gap in chronic disease policy and implementation exists in most countries. Lack of reliable data is another critical concern.
Evidence on the burden of NCDs in sub-Saharan African countries highlights the need for primary and secondary interventions. The evidence suggests that females in the region have higher DALY rates than males. It also indicates that the rate of cardiovascular disease is higher in females than in males.
The prevalence of diabetes is rising in sub-Saharan Africa. HIV is increasing in the region. There is also a shift in mental and substance use disorders. They are expected to become more prevalent in the coming years.
Y Combinator released its first mega list of the top companies valued at $150 million or more
Y Combinator recently released its first mega list of the top companies with a $150 million valuation or higher. The list is an interesting compilation of the most valuable startups, sorted by company value.
In order to put together the list, YC chose a group of top-performing companies that have graduated from its program. These companies are worth at least $150 million, and some of them are based outside the United States.
There are a number of notable companies in the list, including Bookface and Kuaishou Technology. Other notable companies include fintech start-ups Wave and Fintual.
There are many companies in YC’s latest batch that have been on the list for some time. But the most notable are a handful of startups from Africa.
A majority of these companies are in the fintech sector. Among the most valuable YC-backed startups are Wave and Flutterwave. They are both mobile money startups, and each is worth at least $1 billion.
Partnerships with smaller companies
Flutterwave is an African-based fintech company with offices in Lagos and San Francisco. It specializes in payments, providing banks and businesses with the infrastructure and tools they need to accept and process transactions. It’s also a major player in the ecommerce space, offering a platform for small business owners to sell products and services online.
Although Flutterwave is a young company, it has quickly grown into a juggernaut. The company’s e-commerce platform, Flutterwave Store, has helped tens of thousands of African businesses establish and grow their online presence. In addition to its headquarters in Nigeria, it also has offices in the US, the UK and several other African countries.
To date, the company has processed almost nine billion dollars in transactions. It has launched a number of new features to its flagship product, the Flutterwave Store, such as a mobile app for merchants, a marketplace and a range of payment services. However, it may be difficult to get a read on the company’s financial performance given its lack of public disclosure.
Expansion into the U.S.
Flutterwave is an African payments technology company based in Lagos and San Francisco. The company provides merchants with a payment infrastructure to accept any form of payment anywhere in Africa. Its flagship product is the Flutterwave Store, an e-commerce platform that connects 20,000 merchants across 15 African countries.
Flutterwave recently secured USD $170 million in Series C funding. This round was led by growth-equity firms Avenir Growth Capital and Tiger Global Management LLC.
Flutterwave plans to use the new funding to expand its customer base, develop complementary products and accelerate its customer acquisition in existing markets. For now, the company is not planning an IPO.
The company has already partnered with Visa and Worldpay. Flutterwave has processed 140 million transactions valued at $9 billion. According to the CEO, the growth has been driven by an increase in the COVID beneficiary sectors. These sectors include remittance, gaming and e-commerce.
In August, Flutterwave hired Jimmy Ku as its head of growth. Ku will help the company build new products and introduce them to the U.S. market. Agboola believes that Ku’s experience in tech will assist with this expansion.