“Building global doesn't mean abandoning Africa” – Maya Horgan Famodu, Founder and Managing Partner at Ingressive Capital
African founders can build global solutions while addressing local problems. Building global solutions helps improve the quality of local offerings.
Algeria’s LabLabee closes $3.4M seed to expand its offerings and enter the US
LabLabee raised $3.4 million in seed funding. Funding led by Reach Capital with participation from Classera, Brighteye Ventures, and e& capital.
Huawei takes on big cloud providers with $10m credits to Nigerian startups
Huawei will grant cloud credits worth $10 million to 100 Nigerian startups to grow its cloud business. Huawei has secured major clients in the cloud computing market, including OPay, Eden Life, and Feather Africa.
