In June, MFS Africa bought Oklahoma-based Global Technology Partners in a cash-and-shares deal worth $34 million.…
Tag: Quartz
Local funding for early-stage startups is taking off in Africa
This past week, Ingressive Capital, a $10 million venture capital fund started by Maya Horgan Famodu…
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…
Byju’s wants to buy an American startup—but does it have the funds?
Byju’s is set to splurge $1 billion on US-based ed-tech firm 2U but it may be…
These are the next startup investment hotspots in west Africa
Startup tracker, Africa: The Big Deal’s figures show that since 2019, west African startups have hauled…
A teacher shortage is plaguing India’s education system
For the past two years, ed-tech startups in India have been tirelessly working to keep school…
Why India’s ed-tech stars are going all in on offline education
India’s hot ed-tech market seems to be cooling down with companies ramping up their offline play.…
Nairobi’s “silicon savannah” just got more attractive to investors and startups
Kenya’s tech startup ecosystem—amongst the hottest on the continent—is looking to attract even more overseas interest…
Senegal and Morocco lead Francophone Africa’s rise in startup rankings
Competition in Africa’s startup ecosystem is heating up as French-speaking nations put up a spirited battle…
Indian startups laid off over 10,000 employees in the first six months of 2022
As investors put pressure on startups in India to cut costs, employees are collateral damage. In…