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Bolaji Sofoluwe, founder and managing director of ETK Group shares insights on the impact of investing in women-led businesses in Africa.
Since its debut African investment in 2012, Y Combinator has backed over 106 startups on the continent. We tracked down a few of these startups that have since shut down.
From layoffs to dream job: Obasola Akintola shares a guide to turning setbacks into opportunities.
In January 2024, African tech startups secured $74 million across 24 deals comprised of both equity and debt, according to BD Funding Tracker.
Per BD Funding Tracker, African startups raised $2 billion in equity funding across 263 deals in 2023, marking a 43% decline from last year.
In 2023, Bendada's journey was thrilling, with newsroom team expansion, user and revenue growth, and a strengthened focus on Bendata, our data desk.
African tech 2023 highlights: Crypto ban lifted, mega acquisitions, Tijani's ministerial role, Piggyvest's ₦1.1 trillion payout, Chowdeck's ₦1 billion GMV, Safaricom in Ethiopia, Norrsken House Kigali, and Starlink's debut. A year of breakthroughs!
In 2023, African tech confronted economic challenges, cyber hacks, internal conflicts, fraud charges, closures, and layoffs—defining significant challenges for the ecosystem.
These 10 Venture Capital firms were in the most prolific in Africa's tech ecosystem in 2023
The recent wave of Nigerians relocating out of the country represents the largest emigration out of the country since the end of the civil war, over 50 years ago.
In November 2023, African startups secured $89.6 million in VC funding, across 17 announced deals. Per BD Funding Tracker, it is a 42.63% decline from the previous month.
On Monday, the Federal Executive Council (FEC) of Nigeria granted approval to the proposed ₦27 trillion budget for the year 2024.
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