The global freelancer market, a $1.3 trillion industry fueled by over 200 million knowledge workers, drives demand for solutions that automate payroll and streamline employment and...
Paris-based VC firm Breega is launching a $75 million fund to invest in early-stage startups in Africa, with 70% of the capital already committed at the...
Ilya Sutskever, one of OpenAI’s co-founders, has launched a new company, Safe Superintelligence Inc. (SSI), just a month after leaving OpenAI. Sutskever, who was OpenAI’s longtime...
Last December, Nairobi’s Wasoko and Cairo-based rival MaxAB — two B2B e-commerce startups that enable retailers to order fast-moving consumer goods (FMCG) from suppliers via their...
In early 2022, the fintech startup Bloom — not to be confused with the Gen Z-focused investing app, or the heavily capitalized revenue financing platform —...
The fresh produce supply chain in Africa and emerging markets is faced with a daily list of cascading challenges. They include environmental and labor issues through...
2023 was the hottest year on record, it doesn’t look like we’re cooling down anytime soon. Rising temperatures have made farming increasingly difficult in areas that...
Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have...
Accion, a global nonprofit, announced on Tuesday the launch of the Accion Digital Transformation Fund, a $152.5 million fund for large financial institutions, including microfinance serving...
Jumia’s revenue and gross merchandise volume showed growth despite a decrease in quarterly active customers, according to its Q1 2024 report. Revenue increased by 19% year-over-year...
Amazon’s highly awaited entry into Africa has come to fruition, with the tech giant announcing the launch of its e-commerce marketplace in South Africa on Tuesday....
Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use than debit and credit cards combined). This...
The logistics industry in Nigeria, like any informal sector, struggles with poor infrastructure and other inefficiencies, making it difficult for businesses — both large and small...
Food is significant to Nigerians, with households spending nearly 60% of their income on it, the highest globally, according to official reports. This strong affinity for...
Venture capital activity in Africa has shown resilience over the past six months, with major firms on the continent closing their funds despite the ongoing funding...