A media company focused on technology and innovation in Africa, providing insights and news on the tech ecosystem.
Nigerian court blocks sale of 54gene’s assets, as founder claims investor wrongdoing
The Federal High Court in Lagos granted an injunction blocking the sale of 54gene's assets. Dr. Abasi Ene-Obong accuses the Cathay AfricInvest Innovation Fund and Adjuvant Capital of orchestrating the company's collapse.
Lagos to Tokyo: Global startup lessons from Iyin Aboyeji and Akio Tanaka
Iyin Aboyeji stated that the founder is the most important variable in a startup's success. Akio Tanaka shared a personal story about passing on an investment opportunity with Jack Dorsey, highlighting the importance of evaluating entrepreneurs.
Afriex expands to Asia to tap booming cross-border payments market
Afriex has expanded into Asia's three largest remittance markets: China, India, and Pakistan. The startup offers instant money transfers to India and Pakistan, with 90% of transactions completed in under two seconds.
Next Wave: Money is coming back to African startups; we need a better story to make it stay
The first half of 2025 has shown a collective sigh of relief for stakeholders in Africa's technology landscape due to a rebound in startup fundraising. There is a growing consensus among investors that the narratives driving investment in African startups need to evolve.
