Africa Business Central
A conversation with Tunde Kehinde of Lidya on finance and the digital divide
Small and medium businesses have been some of the hardest hit in the COVID-19 pandemic. And all that has been as true in emerging markets as it has been for SMBs in the developed world.
African tech startups are beating the pandemic’s odds and racking up multimillion-dollar exits
When modern-day versions of African tech ecosystems began taking shape a decade ago, the big, existential question was about where investment would come from.
Facebook to open Africa office in Lagos, Nigeria in 2021
In 2016, Facebook chief executive Mark Zuckerberg visited Nigeria in what was his first trip to sub-Saharan Africa.
Video: What does the future look like for Airbnb in Africa?
As leisure and business travel across Africa increased steadily the last few years, companies like Airbnb looked to countries like Nigeria and South Africa for growth.
Three of Africa’s digitization innovators to buy and hold
“Remote” consumption, implicit in digitization, telemedicine, and video gaming, is replacing “social” consumption such as travel and other out-of-home activities. Exceptional, structural growth companies are leading the way in responding to this “new normal” of consumer behavior.
WorldRemit to acquire Africa-focused remittance company Sendwave
Digital, global cross-border payments company WorldRemit announced it has agreed to acquire Sendwave, a rapidly growing app-based remittance company in a cash and stock transaction that is expected to close, subject to licensing and regulatory approvals, in Q4 2020.
Entrepreneurship can come out of necessity or innovation: Kolawole Olajide, Co-Founder, Bridge Labs
Entrepreuneurship is gaining more traction across the African continent as more and more youth are looking to start their own business.
In conversation with Funke Opeke, CEO of MainOne: TechPoint
On Wednesday, July 1, 2020, MainOne celebrated its 10th anniversary. The occasion was a notable one for MainOne, and for several tech companies that have benefited from the Internet capacity it has helped build.
Silicon Valley has deep pockets for African startups – if you’re not African
“The yardstick used to judge African founders is really different. Most of the investors are white, so having a white founder on your team helps,” says Jesse Ghansah