Month: March 2024

March 13, 2024
African Startups

Top 10 Industries to Build a Startup Unicorn as a Founder in Africa

Africa has seen an explosion of startup activity and funding in recent years, with nine(9) startups reaching unicorn status. For ambitious founders looking to build a billion-dollar business in Africa, focusing on the right high-growth industries can greatly stack the

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March 7, 2024
Digital Economy

Top 10 Skills African Youths Should Master to Future-Proof and Transform Africa’s Economy

Africa is poised to reap a massive demographic dividend as its youth population is projected to double to over 830 million by 2050 according to African Development Bank(AFDB). This makes Africa home to the largest workforce globally in the coming

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March 5, 2024
African Startups

African Startups Raise $84 Million in February 2024, As Africa-Focused VCs Deploy $579 Million More

February 2024 saw another active month for the African startup ecosystem, with $84.405 million raised by startups across 25 deals according to data compiled by Spectrum Hub. This fundraising comes alongside several Africa-focused venture capital firms launching new funds totaling

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March 1, 2024
African Startups

Bfree Secures $2.95 Million to Scale Ethical Debt Collection Across Africa

The Nigeria-based debt collection startup Bfree recently closed a $2.95 million funding round to boost its expansion across Africa. The round was led by Capria Ventures, with participation from Angaza Capital, GreenHouse Capital, Launch Africa, Modus Africa, Axian CVC, and

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