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Silicon Valley VC strategies don’t work in Africa – Kinyungu Ventures Research

East African venture advisory firm, Kinyungu Ventures has published a white paper that reveals the continues wide misalignment between traditional venture capital models and the African market.

Ghana’s OZÉ raises $700,000 seed round to foster expansion

OZÉ, a Ghana-based fintech startup that focuses on scaling small African businesses through digitized operations and affordable capital closed a $700,000 seed round from Anorak Ventures, Matuca Sarl, Rising Tide Africa, and existing investors Ingressive Capital and MEST.

uLesson, a Nigerian edTech startup, has raised $7.5million in Series A funding

uLesson, the African learning technology platform, has closed a $7.5mn Series A round led by Owl Ventures, with inclusion from existing investors, TLcom Capital and Founder Collective and participation from new investor LocalGlobe.

Tizeti rolls out N4000/month high-speed 4G LTE in Edo

Tizeti has rolled out its 4G LTE network in Edo State as part of its commitment to ensuring access to affordable broadband connectivity.

Top ten Ghanaian startups to watch in 2021

In this article, we will be looking at the top ten Ghanaian startups to watch in 2021. The list contains old-timers who have gained a strong footing in the game and new companies looking to change how Ghanaians live and do business.

Selar: From Tony Elumelu’s TEF $10,000 grant to ₦100 million in revenue

At the heart of it, Selar is an e-commerce store builder that allows creators to sell digital products and services like; e-books, music, courses, and training, etc., across borders.

Opportunity for Nigerian Software Engineers: Apply to Enye Cohort 5

Enye is now accepting applications into its fifth software engineering cohort. The cohort will see facilitators teach cutting-edge tech, like; React, Redux, Redux-Saga, Firebase, GraphQL, Jest, Git, and Node, at no upfront cost.

AppsFlyer increases Africa footprint with Nedbank partnership

AppsFlyer, today announced a partnership with leading Pan-African bank

Kaspersky: Economic uncertainty to shape 2021 cybercrime agenda in Africa

Kaspersky experts expect growing economic turbulence along with the impact of COVID-19 to contribute to an increase in cybercrime across South Africa, Kenya, and Nigeria this year.

TeamApt announces new consumer focus and West & North Africa expansion plans for 2021

TeamApt has announced that it will be shifting its focus from delivering financial services products to banks to delivering products for consumers and businesses.

TradeDepot highlights smaller packs and increased food spending as top trends that will shape Nigeria’s retail sector in 2021

According to TradeDepot, the impact of the pandemic, rising inflation, border closures, and other issues drove significant changes in behaviour for retailers, distributors, and manufacturers in 2020.

How Taxmingo is changing the taxation landscape for small businesses in Africa

Taxmingo hopes to leverage its cloud-based tax management solution to help SMEs meet tax obligations and allow the SME operators to focus their energies on growing their businesses.