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Moroccan Edtech Startup Smartprof Secures Funding Boost to Expand Operations

New Investments

Moroccan Edtech Startup Smartprof Secures Funding Boost to Expand Operations

Smartprof, a Moroccan Edtech startup that has developed an online platform for connecting students with tutors, has received a new funding boost to accelerate its growth.
 
 

The round was led by Fuze, a prominent player in funding Francophone African startups.

The company’s platform allows students to find tutors for a variety of subjects, including math, science, languages, and more.

Smartprof’s platform also provides students with access to learning resources, such as practice problems and study guides.

The funding will be used to expand Smartprof’s operations in Morocco and to grow its team.

The funding for Smartprof is a sign of the growing interest in Edtech in Africa.

The continent is home to a young and growing population, and there is a growing demand for quality education. Edtech has the potential to help African students access high-quality education, regardless of their location or socioeconomic status.

Smartprof’s latest round of investment is expected to help the startup make a significant impact on the education sector in Morocco and help African students achieve their educational goals.

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South African Insurtech Startup LeaseSurance Raises Seed Funding to Drive Growth

New Investments

South African Insurtech Startup LeaseSurance Raises Seed Funding to Drive Growth

LeaseSurance, a South African insurtech startup that has developed a platform to replace security deposits in rental real estate, has raised $161,000 in seed funding.
 
 

The round was led by Fedgroup Private Capital, with participation from angel investors.

Founded in 2022, LeaseSurance’s platform uses data and machine learning to assess the risk of a tenant defaulting on their lease. If the risk is low, LeaseSurance will provide the landlord with a guarantee, which will cover the cost of the security deposit.

The startup’s latest funding will be used to expand LeaseSurance’s operations in South Africa and to grow its team.

The company also plans to develop new features for its platform, such as a payment system and a dispute resolution mechanism.

LeaseSurance is well-positioned to make a significant impact on the rental real estate market in South Africa and to help make it more accessible and affordable.

The funding for LeaseSurance is a sign of the growing interest in insurtech in Africa.

The continent is home to a young and growing population, and there is a growing demand for innovative insurance solutions. Insurtech has the potential to make insurance more accessible and affordable and to improve the customer experience.

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USAID Launches $49 Milion Healthcare Project in Ethiopia

Key Developments

USAID Launches $49 Milion Healthcare Project in Ethiopia

The United States Agency for International Development (USAID) has launched a $49 million healthcare project in Ethiopia.
 

The project, called the “Quality Healthcare Activity,” will focus on improving the quality of maternal and child health services, as well as the prevention and control of HIV/AIDS and malaria.

The project will be implemented in 67 woredas (districts) in the Sidama, Amhara, Oromia, Central Ethiopia, South Ethiopia, and Southwest Ethiopia Peoples’ Regions.

It will work with local governments, health facilities, and community-based organizations to improve the quality of care, strengthen health systems, and increase access to services.

The project will reach over 10 million people over the next five years. It is part of USAID’s broader commitment to improving health in Ethiopia.

Here are some other details about the project:

– The project will work to improve the quality of care in health facilities by providing training for health workers, upgrading equipment, and improving infrastructure.

– The project will also work to strengthen health systems by providing support for planning and management, and by enhancing the capacity of local governments to deliver health services.

– The project will increase access to services by providing transportation to health facilities, and by providing financial assistance to people who cannot afford to pay for care.

The project is expected to significantly contribute to improving the quality of care, strengthening health systems, and increasing access to services.

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