Maad
Maad, Francophone Africa's fastest-growing tech & logistics platform for informal retailers, today announced the successful completion of its $3.2 million seed funding round (debt & equity).
Source: africa.com
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Build real businesses, VCs tell founders at Techstars Demo Day
Some investors believe that the venture funding downturn raises questions about the need for startups to rethink their building mindset.
Source: techcabal.com
12 African startups pitch at Techstars hosts demo day in Lagos
12 startups were chosen from across Africa to take part in the second cohort of the ARM Labs Lagos Techstars Accelerator.
Source: pctechmag.com
Africa's most active startup investor, Techstars, Announces 12 new investments through its Africa- focused program in partnership with ARM Labs
Techstars, the most active startup investor in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator program in partnership with Lagos-based innovation program, ARM Labs.
Source: africabusiness.com
👨🏿‍🚀TechCabal Daily - Jumia shuts down Jumia Food
E-commerce giant, Jumia shuts down food delivery service in seven African markets, citing increased competition and rising operational costs as a reason for closure.
Source: techcabal.com