This past week, Ingressive Capital, a $10 million venture capital fund started by Maya Horgan Famodu…
Tag: Edited by Ciku Kimeria
This €110 million VC fund for Africa is now prioritizing startups that can break even quickly
In 2019, two private equity firms came together to form a venture capital fund to invest…
Nobody is shocked that this Kenyan food delivery startup failed after one year
Kune, a startup that caused a stir last year for its white founder’s claim of inventing…
Why Africa is defying global trends in VC funding
In recent weeks, tech media has been awash with coverage of falling startup valuations and sell-offs…
American Express just made its first investment in an African startup
Nigerian fintech startup Klasha announced today (June 7) that it has received a $2.1 million investment…
The first African startup to go public via a SPAC is laying off a third of its workers
In the first week of April this year, the buzz around Swvl was about its entry…
Pfizer to offer drugs at not-for-profit prices in low income countries
Pfizer, one of the world’s leading pharmaceutical companies, has announced that it will be providing nearly…
Million-dollar blockchain projects have finally come to Africa
The potential use cases of blockchain technology largely complement Africa’s efforts to address its socioeconomic challenges,…
Nigeria wants banks, startups, and retailers to share customer data
In a draft document that became public on May 18, the Central Bank of Nigeria (CBN)…
What are Y Combinator’s most valuable African startups?
Accelerator programs run by companies like Y Combinator help African startups with business readiness, access to…