Business, ecosystem, FinTech, Funding
The Nigeria-based fintech company OPay has raised $120 million Series B funding from a group of Chinese investors.
Here are some of the interesting takeaways from Timon Capital Compensation Survey in collaboration Briter Bridges.
Lori Systems, a Kenya-based logistics startup is formally announcing its expansion into Nigeria, Chief Operating Officer Uche Ogboi, told TechCabal. Ogboi spoke to TechCabal on the sidelines of the TCMobility Townhall last Friday. Ogboi, who was on the panel of discussants about Nigeria’s haulage industry, was appointed to her role in late July and has […]
Business, Developers, Entrepreneurship, Funding
Andela, the Africa-focused tech accelerator, is laying off more than 400 employees across three countries as the company changes its business model away from developer training. The company told TechCabal it is laying off 250 junior developers from Nigeria and Uganda and about 170 others in Kenya. CEO Jeremy Johnson said the company will now […]
ecosystem, Entrepreneurship, Funding, Hardware, Healthcare, Pitchdrive, Venture Capital
The Pitchdrive Asia tour began on Wednesday, August 21 with a two-day bootcamp at the Co-Creation Hub Design Lab in Kigali. The founders arrived over the course of two days and were engaged in a couple of introductory sessions and context setting ahead of the tour. Speakers at the bootcamp included Jackson Ogallo, Business School […]
Entrepreneurship, Funding, Venture Capital
The ideal startup story involves entrepreneurs with the right ideas, bank-rolled to billion-dollar valuation by investors with deep pockets. While many tech startups look up to this formula, some explore alternative routes.