Venture Capital Archives – Page 2 of 2

African Startup Funding Declines by 70% in June 2023.

by Jon LubwamaICT News & Analysis Startups The Big StoryJuly 3, 2023July 3, 2023

Startups raise funding for various reasons that are essential for their growth and success. Firstly, funding provides the necessary capital to support and accelerate the growth of startups. It enables…

East African Startups Raised the Most Funding in May 2023.

by Jon LubwamaICT Startups The Big StoryJune 6, 2023June 6, 2023

As per Africa: The Big Deal, African startups raised $621.8 million from just 34 deals which makes it an average of $18.3 million per deal in May 2023. This is…

Ugandan Fintech Zofi Cash Raises USD 1 Million to Disrupt the Salary Advance Industry in Africa.

by Jon LubwamaCEOs ICT Profiles Startups The Big StoryMay 29, 2023May 30, 2023

Ugandan fintech, Zofi Cash, has raised USD 1 Million in a pre-seed round from Advancly. The funding round, which is purely debt, will see Zofi Cash extend its salary advance…

How Future Africa’s Olga Kiconco is Charting Her Own Path in Venture Capital.

by Jon LubwamaICT Profiles StartupsMay 22, 2023June 6, 2023

When Olga Kiconco finished her Bachelor’s Degree in Telecom Engineering at a university in Malaysia in 2013, she knew it was time to look for jobs. But when she came…

Explainer: Tech Startups are Built to Grow Fast. So Why Are the Likes of Safeboda and Copia Global Retreating from Markets?

by Jon LubwamaAfrica Company News Fintechs ICT Industry & Analysis News & Analysis Startups The Big StoryMay 5, 2023September 18, 2023

Paul Graham, the founder of the highly influential Y Combinator accelerator program penned arguably his most famous essay in September 2012. In this essay, titled Startups = Growth, Paul Graham…