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The global economy is undergoing a ‘Great Reset’, with the interwoven nature of global markets seeping into the venture capital (VC) space. Between 2020 and 2022, over $15 billion flowed into the African start-up ecosystem…
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African tech startups raised 57.2% less capital in Q1 of 2023 than they did in the same period last year. This is according to data released by Disrupt Africa. As other ecosystems were grappling with…
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An age of innovation awaits us if entrepreneurs invest in finding and putting the complementary partnerships of B2B2C business models to work. One common piece of advice for tech startup founders is to focus on…
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Lire en français Read this email in French. Editor’s Note Week 13, 2023 Read time: 5 minutes This edition brings you stories from Kenya where Meta remains embattled, betting firms are trying to evade tax…
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Kenya has received Ksh 50 billion ($378 million) from the European Union to facilitate the electrification of the country’s public transport system. The financing will enable Kenya to build the necessary infrastructure to make its…
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Cote d’Ivoire has announced plans to launch its startup act, which will offer support to its burgeoning startup ecosystem. This follows a string of startup laws that have been enacted across Africa as several governments…
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Moniepoint, a Nigerian business bank, and PayDay, a neobank, have denied reports of a planned acquisition. This comes after WeeTracker, an African tech publication, reported that Moniepoint is set to acquire PayDay for $40 million…
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According to data from the International Diabetes Federation, diabetes caused an estimated 96,000 deaths in South Africa in 2021. Additionally, the disease affects 1 in 9 adult South Africans, with 45.4% of people living with…
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Cape Town: May 2023 – The Sentech Africa Tech Week will breeze into Cape Town once again from 2nd-5th May, 2023. The conference is set to be a tour de force revolving around providing illuminating…
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As Eskom’s infamous load shedding initiative continues to bite into the pockets of South African businesses, instead of taking on the costs themselves, some businesses are choosing to pass it to consumers. MTN is one…
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The African Development Bank (AfDB) has loaned the government of Sao Tome and Principe, a Central African country, $3.2 million to upgrade its payment infrastructure. The loan agreement will allow Sao Tome and Principe to…
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One of the biggest operational challenges businesses face is managing expenses. It is mostly done manually hence its complication, especially when tracking and recording. For instance, it’s a common practice in Nigeria for employers to…
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