Where are the exits in Africa? This question often arises at African tech events and in social media groups featuring the continent’s ecosystem actors. When investors back companies, they expect to reap positive returns after a few years. But that only happens when those companies grow and become more valuable than they were at origin. […]
Through Malinzi Kisadha, co-founder of Digest Africa, we get a good understanding of the state of tech in the East African country.
Tokunboh Ishmael, Managing Director of Alitheia Capital, says her firm’s investment thesis is based off the impact investment strategy. She backs companies that have good business models and good impact on the common man.
PiggyVest started out with one plan: digitize an offline process of using wooden boxes to save money on a daily, weekly or monthly basis. The idea for the startup came in December 2015. Co-founders Somto Ifezue, Odunayo Eweniyi and Joshua Chibueze were reducing the staff size of PushCV, a still-existing human resources startup they founded, […]
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