TechCabal - Mar 31, 2025
Ask an Investor: The path to exits, the support VCs provide, and Africa’s hottest sectors
Oui Capital partially exited its $150,000 investment in Moniepoint for $8 million after it became a unicorn. Secondary sales have emerged as a practical exit strategy for investors in Africa due to the rarity of full acquisitions and IPOs.
TechCabal - Jan 13, 2025
Focus on cash management in 2025, VC firms tell early-stage portfolio startups
Only 345 early-stage startups raised between $100,000 and $1 million in 2024, a 31.5% drop from 2023. Growth-stage startups saw a milder impact, with a 10% drop in those raising over $1 million.
Tech In Africa - Feb 22, 2024
Investment Surge in Nigeria’s Klas Following Milestone of Over 5,000 Online Schools Worldwide
Klas raised $1 million in a pre-seed investment round led by Ingressive Capital. The platform facilitates the creation and sale of ebooks, courses, and live classes.