Jumia, Africa’s largest e-commerce company, made history on Friday as the first African tech startup to list on the New York Stock Exchange. The company kicking off its first full week of trading with ...
According to CB Insights, there are more than 900 unicorn companies worldwide, with seven in Africa, four of which appeared during January-September 2021. The funds collected by African startups ...
At the recent TechCrunch Disrupt SF, Senegalese VC investor Marieme Diop suggested that Silicon Valley’s unicorn IPO model might not be right for African startups. This is largely because the ...
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up ...
Biologists think the zebra-like stripes of the okapi -- a.k.a. Africa's unicorn, just photographed for the first time in the wild -- provide camouflage in its dense jungle home. But as I looked at the ...
Jumia, known as the Amazon of Africa has shuttered its operations in Cameroon, as the company struggles along the path to profitability. The e-commerce business has seen its stock price decline ...
UrbanGeekz on MSN
Moniepoint Gets Strategic Investment from Visa to Accelerate Financial Inclusion for African SMEs
Visa has joined African fintech unicorn Moniepoint as a new investor to accelerate financial inclusion for African businesses. According to TechCrunch, sources close to the deal said the amount ...
Business Insider Africa on MSN
Meet the VC founders who turned $150,000 into $8 million backing an African unicorn
In Africa, early-stage funding is hard to come by, and exits are even harder to find. That didn’t stop Olu Oyinsan and his co ...
African payments startup Flutterwave will begin offering the transfers of stablecoins on its network, using blockchain technology provided by US company Polygon Labs. Flutterwave has focused on ...
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