Page 4 - Abraham Augustine News Today

A look at venture capital funding tracking in the Africa tech startup ecosystem.

Technology companies in French-speaking African countries used to get overlooked. Not anymore. Francophone startups are beginning to take their place in the spotlight.

Amazon is aiming to invest $1.8 billion in South Africa by 2029. The investment will be made towards cloud infrastructure in the region. The company estimates a $2.5 billion investment in the region between 2018–2029.More in #TCDaily.

The unspoken (in public ads and Twitter) case for crypto in Africa, was to get rich—and quick. Recent events are denting this simple story.

An age of innovation awaits us if entrepreneurs invest in finding and putting the complementary partnerships of B2B2C business models to work.

We must begin to face the reality of AI in Africa in order to learn how to deal with it from a citizen engagement and policy standpoint.

No one B2B market player is near maturity in Africa’s retail sector. Ongoing entrepreneurial experiments will no doubt bring progress. But it will take more time than the pitch decks predict.

As the funding crunch bites VC firms, African venture capitalists face an uphill battle to prove the continent's potential to LPs.

Africa is overrepresented in the list of emerging markets facing severe economic crises. Elections complicate the market scape and investors should beware.

The "extracurricular indulges" of Nigeria's central bank makes us believe the bank's managers hope they can be like India.