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Is Capiter the newest casualty of the enterprise funding downturn in Africa?

Is Capiter the newest casualty of the enterprise funding downturn in Africa?

The startup struggled to meet payroll and pay suppliers and has laid off staff after potential funding and M&A deals fell through.  The board of directors of Capiter, an Egyptian B2B FMCG startup, has reportedly…

The Subsequent Wave: There was nothing particular about elevating $5 billion

The Subsequent Wave: There was nothing particular about elevating $5 billion

Raising $5 billion in 2021 did not change the game enough for African startups. Global venture funding in 2021 shattered all records. According to Crunchbase, total dollars invested in tech and tech adjacent startups by…

Methods to construct a web site for small enterprise in 5 steps

Methods to construct a web site for small enterprise in 5 steps

If you’re running a small business, you may not have the resources to outsource tasks like web designing. So to cut costs, you’re likely one of those asking “how to build a website for a…

Meet the 13 Nigerian group leaders fueling Africa’s tech expertise pipeline

Meet the 13 Nigerian group leaders fueling Africa’s tech expertise pipeline

“I got a job in tech! You are looking at the latest techie in town!”  Unless you are lithodomous, you must have come across a post like this online. Every now and then, thrilled young…

TC Sport – Unscramble “billion”

TC Sport – Unscramble “billion”

game By Ngozi Chukwu Sep 10, 2022 Image source: Techcabal Get the best African tech newsletters in your inbox TC Daily Next Wave Events Weekender More from this author Developers Meet the 13 Nigerian community…

This Week: Nigeria rejects new tax legislation

This Week: Nigeria rejects new tax legislation

Editor’s Note Week 37, 2022 Read time: 5 minutes This week, Damilare looked into Y Combinator’s six-year record with gender parity in the startups it has backed. What do the numbers say about the women-led…

Ethiopia is opening up. Right here’s what it is best to know

Ethiopia is opening up. Right here’s what it is best to know

Abiy’s government is trying to revive its reformer image by promising to open up the banking sector one year after the consortium of Safaricom, Vodacom and Vodafone received a licence to operate in Ethiopia. Ethiopia…

Blockchain funds startup Bitmama secures $2 million pre-seed spherical

Blockchain funds startup Bitmama secures $2 million pre-seed spherical

The US and Africa-based blockchain payments startup Bitmama has raised an additional $1.65 million in funding, bringing its total pre-seed round to $2 million.  Bitmama’s initial $350,000 pre-seed was raised in October 2021 and included…

iPhone 14 Professional Max vs iPhone 13 Professional Max; What Africans ought to know

iPhone 14 Professional Max vs iPhone 13 Professional Max; What Africans ought to know

At its fall product announcement, Apple introduced the iPhone 14, 14 Plus, 14 Pro, and 14 Pro Max, all of which have displays measuring 6.1 inches or more. This unveiling signified that the iPhone Mini…

HelpMum awarded $250,000 to deploy its AI vaccine intervention

HelpMum awarded $250,000 to deploy its AI vaccine intervention

Image Source: HelpMum Nigeria has the fourth highest maternal mortality rate in the world with 917 deaths per 100,000 live births, preceded only by Sierra Leone, Chad, and South Sudan. About 262,000 newborns die at…

Is Y Combinator paying lip service to gender range in tech?

Is Y Combinator paying lip service to gender range in tech?

In June 2014, about five months after his appointment as president of Y Combinator, Sam Altman published a blog post titled “Diversity and Startup”. In it, he condemned the lack of gender and ethnic diversity…

Meta launches its Creators of Tomorrow initiative with 10 digital creators from sub-Saharan Africa

Meta launches its Creators of Tomorrow initiative with 10 digital creators from sub-Saharan Africa

Meta, a pioneering Metaverse player and the parent company of Facebook and Instagram, is on a mission to empower digital artists worldwide with its Creators of Tomorrow initiative. To do this, the company is launching…