In the news: Sendwave

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TechCabal - Oct 04, 2024
Payment unicorn Zepz raises $267 million from World Bank, Accel and TCV
Zepz raised $267 million for expansion in Africa. The company reached profitability for the first time two years ago.
TechCrunch - Sep 01, 2024
From InstaDeep to Paystack: Here are Africa’s biggest startup exits and how much they raised
Decline in venture investment within startup ecosystem linked to lack of exit volume and value. Number of M&A exits in Africa dropped in 2022, alongside a decrease in venture capital investment.