Music Streamers Collaborate with African Telecom Companies to Increase Reach
Streaming platforms are partnering with mobile operators to expand in new markets while helping users save on some of the world’s highest data costs.
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Ed Partners secures $10m DFC loan guarantee commitment to expand access to affordable education in Kenya
Kenya’s Ed Partners Africa, a non-banking financial institution that specialises in providing loans to affordable private schools, has announced the commitment of a US$10 million loan guarantee facility from the United States’ Development Finance Corporation (DFC) to help it expand access to affordable education.
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Kenyan startup Aquarech raises $1.7M to advance small-scale fish farming
Kenyan fish farming startup Aquarech has raised US$1.7 million in equity funding to help it improve outcomes for small-scale fish farmers in Kenya through its mobile app platform. Founded in 2019 and led by Kisumu-based founder and CEO Dave Okech, alongside co-founders James Odede and Joseph Okoth, Aquarech is working to streamline the production behind fish farming
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Africa’s mobile revolution has hit a plateau
The new goal for African telcos is becoming technology platforms not just old goody mobile carriers with dynamic software solutions replacing traditional voice calls and SMS
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What has $15 billion of investments in African startups taught investors?
Outside of tracking fundraising metrics, the last $12bn to $15bn invested in African startups through VC should have been a learning experience. So what are we learning about these experiments in African venture capital so far?
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Thinking about Jumia and the future of e-commerce
In 2012, Jumia, Africa’s first ecommerce giant, revolutionised shopping by offering the service online, alongside shipping. Since then, they have grown as a market leader over the African continent. They have also gone on to list their shares on the stock exchange, in 2019. The listing went well; their stock prices surged 75% on its first day of trading. This made the company a unicorn with an over $3 billion valuation. But four years after that IPO, everything has crashed. Its stock now trades at somewhere around $4, losing nearly 70% of its value since its listing date.
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Carrefour Transforms Black Friday into a Month-Long Extravaganza Across Kenya and Uganda
The highly anticipated Black Friday shopping extravaganza takes a revolutionary turn in East Africa this year as Carrefour, under the ownership of Majid Al Futtaim, introduces EPIC Carrefour Friday in Kenya and Black November in Uganda.
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Is the African Football League a New Dawn for the Continent?
In a historic moment for African football, FIFA President Gianni Infantino attended the African League Football (AFL) opening ceremony in Dar es Salaam, Tanzania. The AFL is poised to redefine club football on the continent, focusing on elevating the sport’s quality and boosting financial prosperity. This article explores the significance of the AFL and FIFA’s
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Why PE firm Alitheia is banking on women in Africa
Tokunboh Ishmael, Alitheia IDF co-founder and an early investor in the African tech space, shares perspectives on impact investing.
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Microsoft and M-PESA Africa Collaborate to Build Digital Skills Among African SMEs
Microsoft’s partnership with M-PESA Africa aims to digitally upskill Micro, Small, and Medium Enterprises (MSMEs) across Africa, bridging the skills gap and fostering economic growth. Discover how this collaboration is set to transform the future of African small businesses.
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