Layoffs and job security push Nigeria’s tech workers to traditional industries
A failure to raise fresh funding led to layoffs in a Lagos-based edtech startup. Nigeria's tech workers are now pursuing careers in traditional industries for stability and structure.
Nigerian property startup Spleet lays off employees as inflation squeezes business
Spleet, a property tech startup, is laying off employees due to inflation and price increases from landlords. The layoffs will affect non-core operations employees, but the exact number is undisclosed.
Prolific VC firm MaC Venture Capital shares its investment thesis for Africa
Funding for Africa’s tech ecosystem has been on a downward spiral since the start of the year. MaC Venture Capital invests up to $3 million in seed-stage companies, looking for big problems in big markets.
