Posts filtered by tags: Future Africa[x]


 

Nexford University lands $10.8M pre-Series A to scale its flexible remote learning platform

Two profound problems face the higher education sector globally — affordability and relevance. Whether you live in Africa, Europe, or the U.S., a major reason why people don’t go to university or college or even drop out because they cannot afford tuition fees . On the other hand , relevance shows the huge gap between what traditional universities teach and what global employers actually look for. It’s not a secret that universities focus a bit too much on theory. Over the past few yea...
Tags: Asia, Microsoft, Big Data, Saudi Arabia, Nigeria, Africa, Tech, Dubai, Ibm, Sterling, Africa Europe, Fadl, Nexford University, Sterling Bank, Future Africa, VC Global Ventures


Why SPACs aren’t targeting African startups

One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech company Fawry. As a tech company, Fawry’s listing on the Egyptian Stock Exchange is a rarity. Typically, most exchanges in emerging markets like Africa, India, and Latin America are filled with traditional companies in age-old sectors like banking, telecoms, ma...
Tags: Asia, Africa, US, Tech, Bloomberg, Richard Branson, SEC, Nasdaq, Latin America, Chamath Palihapitiya, Nyse, SPAC, Saharan Africa, Jeremy Johnson, Africa India, Andela


Instagram and WhatsApp hit by outage

Instagram and WhatsApp are currently experiencing an apparent outage. It began around 1:40 pm ET. At the time of writing, Instagram was showing a 500 message, suggesting a back-end server error. WhatsApp meanwhile was unable to connect to the server, and messages are not being delivered. It’s not clear if the issue also affects Facebook Messenger, which last year rolled out new functionality to allow cross-platform messaging between Facebook, WhatsApp and Instagram. Instagram’s error page. (Ima...
Tags: TC, Facebook, Apps, Instagram, La, India, Nigeria, Tech, Facebook Messenger, Instagram Instagram, TechCrunch WhatsApp, Future Africa


Nigeria’s Termii raises $1.4M seed led by Future Africa and Kepple Africa Ventures

Ideally, it is expected of every business to reach its customers effectively.   However , that’s not the case as limiting factors that hinder proper digital communication come into play at different growth stages . Termii, a Nigerian communications platform-as-a-service startup that solves this problem for African businesses, announced today that it has closed a $1.4 million seed round . The round was co-led by African early-stage VC firm Future Africa and Japanese but Africa-focused V...
Tags: Startups, TC, Y Combinator, Enterprise, Funding, Nigeria, Africa, Tech, SaaS, Kenya, Algeria, Api, Lagos, North Africa, Josh Jones, Emmanuel


Nigerian founders-turn-investors are now running syndicate funds

The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi, co-founders of US-based and African-focused talent company Andela, wrote checks to African startups as angel investors . This continued even as Aboyeji joined and left Flutterwave, the fintech company he co-founded . In January 2020, the pair made the fund official, with Aboyeji as general partner and Enegesi as limited partner . Simultaneously , they announced that the fund had invested $1.5 millio...
Tags: TC, Nigeria, Africa, US, Tech, Washington Dc, Lagos, Nairobi, London New York, Njoku, Andela, Babak Nivi, Flutterwave, Iyinoluwa Aboyeji, Paystack, Iyin