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Kenyan agritech company Twiga Foods has laid off 21% of its staff—including its in-house sales team. The company is also branching off into an agent model, and laid-off staff are being offered compensation for every customer they acquire. More in #TCDaily.
One source said people are leaving because the company has made it clear that it's transitioning from being a VC to a venture building studio
Hi-tech trailblazer hopes that Nigeria can act in a similar way to Israel.
In recent years, Nigeria has grown a formidable tech ecosystem in Africa focused on innovation to help solve its local challenges
Having turned to seed investment, Iyinoluwa Aboyeji, the co-founder of Nigeria's Flutterwave and Andela, is opening a branch of his company Future Africa in