OPay’s valuation climbs to $2.75B despite slowdown in venture funding
OPay's valuation increased to $2.75 billion according to regulatory filings from Opera Limited. Opera Limited's stake in OPay is valued at $258.3 million in 2024, up from $253.3 million in 2023.
Norrsken Accelerator Opens Application Window for Early-Stage African Startups
Applications are open for the Norrsken Accelerator in Stockholm. Successful applicants will receive US$125,000 in cash and access to a business development course.
This Swedish non-profit has big dreams for tech startups in Kigali
Sweden's Norrsken Foundation has invested $20 million in Norrsken House Kigali, Rwanda's first impact unicorn. The foundation hopes to make Kigali a nerve center for African technology companies and plans to set up similar hubs in other countries if successful.
