…use it. Governments from Nigeria to Rwanda are publishing national AI strategies, while investors are accelerating capital into technology ecosystems across the continent. In Lagos, a generation of founders is building AI tools for markets that global technology companies have consistently underserved. In Nairobi, a de…
…and with Shayne and John, I’ve learned to be more patient with people, employees, investors, and with things that take their own time. Also, being more measured. I used to trust my instincts more-if it made sense, let’s do it-and I’d have a sense of whether it worked or not. Today, I draw a better balance between insti…
…in Africa, but infrastructure remains a constraint. Capital is also a major gap. Until investors from the Global North see Africa as a place where AI is being used to solve meaningful problems and deploy more capital here, that challenge will remain. Africa offers significant opportunities to scale and create value. Ho…
For years, investors have judged Prosus by a single yardstick: Tencent. The Amsterdam-listed internet giant, majority-owned by South African consumer internet group Naspers, built much of its market value on an early investment in the Chinese technology company. While Prosus assembled a portfolio spanning food delivery…
…project had already unlocked significant real estate development in Katampe, attracting investors and stimulating economic activities. “People say nothing is happening in Nigeria, but when you look around Abuja and see construction sites everywhere, new buildings emerging daily and businesses investing heavily, the evi…
…a diverse array of attendees, from tech giants like Amazon and Google to celebrities and investors, the festival showcases how brands are adapting to fragmented consumer attention. Dominant themes this year include the practical application of AI to enhance customer experience and build trust, the rising power of retai…
…took centre stage.The forum brought together healthcare leaders, regulators, insurers, investors and medical practitioners to discuss practical […]
…period to enable the Central Securities Clearing System (CSCS) Plc and PAC Registrars & Investors Services Limited, the Registrars to the Company, to finalize the reconstruction of the shares and produce a new Register for the Company," it added. Under the approved reconstruction arrangement, shareholders will receive…
…of Hormuz to global shipping. The development triggered a decline in crude oil prices as investors priced in the possibility of improved global energy supplies. PETROAN said lower crude prices, stable exchange rates and efficient refining operations should help provide relief to Nigerian consumers and businesses. PETRO…
…secured funds from backers, including Jeff Bezos and Eric Schmidt, as well as existing investors Khosla Ventures and General Catalyst. Pim de Witte, who co-founded Medal, founded and leads General Intuition alongside co-founders Eloi Alonso, Adam Jelley, and Vincent Micheli - researchers who bring expertise in world mo…
…saying, 'Why would anyone play games on their cell phone?'" Murray told TechCrunch. Now, investors are just as incredulous when he pitches them on his screen-time reduction app, MOQA, which he is building to counteract the very phenomenon he helped create. "It's watching what happened to my kids and the people around m…
…infrastructure and developer tools, and of course, AI agents. TechCrunch spoke to eight investors to determine which ones were the hottest companies in this batch - both the ones they were watching and the startups they heard other VCs couldn't get enough of. This list consists primarily of companies that had been flag…
…round, a tactic startups are using to boost their headline valuation and make lead investors look good on paper. Some investors in this latest funding round are reportedly coming in at a $13 billion valuation, while others at $11 billion, sources told the Journal. This deal is said to be co-led by Spark Capital, Sands…
…latch on to the hottest fad, and reap the rewards of a rising stock price as retail investors pile in. Well, it worked. The company sold its shoe business for $43 million, raised another $100 million from the stock market, and now it's called Smartbird. Now Nadia Carlsten has to make it work. A former AWS executive wit…
…Abuja. The high-level briefing set the tone for a landmark gathering of global leaders, investors, policymakers and development partners committed to shaping a more resilient and prosperous Africa. The press conference officially unveiled the vision, strategic priorities and programme highlights for the Africa Social I…
…of commercial and economic engagements and increased confidence from local and external investors. “These gains remain delicate and must not be undermined by avoidable internal disputes or inflammatory narratives,” the statement said. Ohanaeze urged all stakeholders, particularly aggrieved members within IPOB, to exerc…