South African Startup Flood Secures $2.5 Million in Seed Funding to Expand ‘SuperApp-as-a-Service’ Platform
Flood secured $2.5 million in seed funding to expand its platform. The startup offers a no-code, API-based commerce platform for telcos, banks, and enterprises.
The cluster effect: Why ICT startups thrive together
The U.K. introduced policies in the 1980s to cultivate an enterprise culture, strengthening its economy. South Korea has invested in Asian research and development to nurture startups through indirect incentives.
Africa’s $1.5 Billion Funding and Its Untapped Entrepreneurial Potential
Africa secured $1.5 billion in equity funding in 2024. Africa accounts for 5% of global GDP but 18% of the world's population.
African Startups Beat Asia with $2.2B in Funding Despite Global Slowdown
African startups secured $2.2 billion in funding in 2024. This funding accounts for 0.6% of the worldwide startup funding total of $275 billion.
