African Tech Startups in 2024: Mergers, Expansions, and Funding Challenges
39 mergers and acquisitions (M&A) deals occurred in Africa's tech industry in 2024, a 34% increase from 2023. Southern Africa led with 16 startups being acquired, followed by West Africa with 10, East Africa with 7, and North Africa with 4.
Copia’s co-founder Tracey Turner faces new ventures after the eCommerce startup shutdown
Tracey Turner, co-founder of Copia Global, is planning to launch a new eCommerce startup in Kenya. The new startup will focus on delivering household items in Nairobi and the surrounding suburbs.
Exclusive: Copia co-founder Tracey Turner plots comeback after e-commerce firm’s demise
Tracey Turner, co-founder of Copia Global, is launching a new company in Kenya to deliver household items in Nairobi and surrounding suburbs. The new company has three investors lined up for funding.
3 possible reasons why mass layoffs have reduced despite ongoing economic woes
104,410 employees have been laid off by 360 tech companies globally Layoffs in the first 30 days of 2023 exceeded all recorded in the first six months of 2022
Copia’s Financial Struggles Lead to Initiation of Liquidation Process
Copia Global, a Kenyan B2C e-commerce startup, will liquidate its assets to pay creditors. The company plans to lay off all employees and sell assets to settle debts.
