Startup News

Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, has shut down its operations and is exploring a sale of its assets. The company had raised over $30 million in funding from investors including Accel, General Atlantic, and TPG Growth. However, it was unable to raise additional […]

NovFeed, a Tanzanian biotech company, has been declared the champion of the Milken-Motsepe Prize in Agritech, a competition aimed at promoting technological advancement towards the UN Sustainable Development Goals (SDGs). The company emerged victorious over 3,300 other competitors from 105 countries on six continents, receiving the $1 million prize at the Milken Institute Global Conference

A new CEO has been appointed at Twitter, just a day after Elon Musk tweeted that the platform’s new head would be taking up the position in around six weeks. Although Musk didn’t reveal the identity of the new CEO, there has been much discussion among those in the technology and media industries about who

Kenya is proactively promoting innovation in its startup ecosystem by proposing a specialized tax regime for Employee Share Ownership Plans (ESOPs). The finance bill for 2023 puts forward a deferred tax approach, suggesting that taxes on shares given to employees be delayed until specific triggering events occur. These events include the passage of five years

M-KOPA, the African asset financing platform that provides access to “productive assets” and enables customers to pay for them through digital micropayments, has raised over $250 million in new funding. The funding includes $55 million in equity and over $200 million in debt, a significant amount for a growth-stage company in the current venture capital

It is a chilly August morning in 2018 in  Sandton, Johannesburg. An Alibaba sponsored Tech event led by Jack Ma at Wits University had just come to a close the previous night. Guests from all over the World were checking out of their hotels for the airport.  I  instead checked in to another guest house

Companies with a large number of employees have the potential to provide a rich and rewarding career for creative professionals. Some of the things that make companies better for creative professionals are; company culture, good work-life balance, opportunities to grow and learn, and great benefits. There are many different types of companies that are great

This post is about the 9 major trending technologies you should know about. Today almost everything can be done with technology. Technology has come out with various new gadgets that are trending. There is no end to the coming up of trending technologies. Every day we use trending technologies in our daily life. Even the

India-based edtech company Byju’s announced it acquired US-based reading startup Epic for $500 million. The company didn’t disclose the value of the transaction in a filing to the BSE on Monday.  Following the completion of the acquisition, Epic’s assets and services would be integrated into Byju’s existing learning platform. Epic is an education-tech company headquartered

The history of technology is the story of how people have used tools to make their lives better. The way we communicate, create, and learn has been changed by advances in technology.  There are many different types of technologies that were created during this time period; however, there are a few key ones that stand