Goldman Sachs-backed Kobo360 cut jobs in November as part of restructuring
Kobo360 implemented company-wide layoffs across its seven markets in November 2024. CEO Cikü Mugambi resigned, citing fundraising difficulties.
Top African Tech Industries Attracting Venture Capital Funding
Fintech continues to dominate the African market, driven by a growing demand for digital financial services. E-commerce is booming as internet penetration rises and consumer behaviour shifts online.
