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According to research, 85% of African SMBs have zero access to financing, and each day, African SMBs have billions locked up in receivables due to long payment cycles. This leads to cash flow problems that cause businesses to be late on important expenses and fulfilment of new orders. Jesse Ghansah...
Andela, which helps companies hire remote technology staff, has raised $200 million in new funding led by Softbank with participation from new investor Whale Rock. A global network for remote technical talent, Andela has revealed that it has raised $200 million in Series E funding, valuing the firm at...
Venture funding in the first quarter of the year for African startups reached $350 million according to data from Briter Bridges, a tech ecosystem data consultancy. South Africa, Nigeria, Kenya and Egypt topped the funding charts. These 4 countries also received the largest share of funding in the whole...