Tosin Eniolorunda Supply: TeamApt QED Investors, one of many world’s largest enterprise capital (VC) funds with over 312 investments in the global fintech space, has made its first funding within the African fintech sector. Based
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South African logistics startup Droppa has introduced that it has closed a Collection A funding spherical led by logistics firm SkyNet Worldwide Express. The deal quantity was not disclosed. SkyNet had previously partnered with in
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South African AI-as-a-Service (AIaaS) startup DataProphet has introduced the completion of its $10 million Collection A funding spherical which started in 2020 with a $6 million spherical led by IDC and Norican. This newest spherical
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One of many issues we realized from the final yr’s Twitter ban is that Nigeria has the flexibility to inform international corporations what to do on the subject of who ought to entry their platforms.
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One in all Africa’s largest telecom teams Airtel Group simply announced the signing of a $125 million revolving credit score facility with funding banking group Citigroup Inc by way of its department places of work/subsidiaries
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Cape City-based accelerator Grindstone has introduced the 25 corporations who will embark on its year-long programme which assists high-growth, innovation-driven tech start-ups to turn into extra investable, sustainable and exit-ready. The programme, which offers startups
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Owen Sakawa Supply: Medium Flo by Saada, a Kenyan social commerce startup based by Gerishon Mwaniki, has been acquired by Elloe, a conversational e-commerce startup, for an undisclosed payment. The newly acquired social commerce startup
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In Might 2022, after over a yr of the tech inventory market bull run and document billion-dollar investments raised by startups throughout the globe, the results of the worldwide financial downturn began to trickle in.
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In keeping with a number of tech consultants, licensing is the bane of tech innovations in Africa. Quite a few tech corporations, particularly fintechs, have needed to grapple with the pains of getting their enterprise
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L-R Kazeem Tewogbade, Olumide Soyombo Supply: Bluechip Applied sciences Bluechip Technologies, a Nigerian software program firm that gives administration options to corporations, has lately introduced an enlargement transfer into Europe. Launched in 2008 by prolific
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