In recent weeks, tech media has been awash with coverage of falling startup valuations and sell-offs…
Tag: Quartz
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…
May was the worst month for startup layoffs since the start of the pandemic
Roughly 17,000 workers got laid off from 71 tech startups around the world in May—the highest…
From cage-free to fair trade, the real meaning of food labels
Do Good Foods is a startup that produces “carbon-reduced” chicken. But what exactly does that mean?…
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,…
How Zomato’s CEO explains the overlap between his personal and professional investments
Deepinder Goyal is an investor in a dozen companies. But two particular investments—$100,000 in logistics startup…
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)…