Africa’s $1.5 Billion Funding and Its Untapped Entrepreneurial Potential
Africa secured $1.5 billion in equity funding in 2024. Africa accounts for 5% of global GDP but 18% of the world's population.
African Startups Beat Asia with $2.2B in Funding Despite Global Slowdown
African startups secured $2.2 billion in funding in 2024. This funding accounts for 0.6% of the worldwide startup funding total of $275 billion.
Starlink Activates New Ground Station In Nairobi to Improve Service
Starlink launched a Point of Presence in Nairobi, Kenya. This is Starlink's second PoP in Africa after Nigeria.
A founder’s personal assets as collateral for failure: Lessons from China’s startup ecosystem
China's VC-backed startups face severe risks due to enforcement of redemption rights. Founders can be added to a debtor blacklist, restricting their travel and access to services.
The future of insurance in Africa rests on embracing technological advancements
Insurance companies must embrace technological advancements for convenience and customer engagement. Africa's population is largely underserved by traditional insurance models, presenting an opportunity for innovative solutions.
