After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports
African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its
All posts by Tage Kene-Okafor
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Tage Kene-Okafor
14:22
Stripe’s former growth lead helps African diaspora invest in startups, real estate
When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary.
Tage Kene-Okafor
12:23
Egypt’s Nawy, the largest proptech in Africa, raises $52M to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven
Tage Kene-Okafor
16:24
Egypt’s Nawy, the largest proptech in Africa, lands a $52M Series A to take on MENA
For decades, buying property in Egypt meant navigating a fragmented real estate market, relying on personal networks, dealing with commission-driven
Tage Kene-Okafor
09:21
Saudi’s BRKZ closes $17M Series A for its construction tech platform
Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with
Tage Kene-Okafor
15:24
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal
Tage Kene-Okafor
16:23
Africa’s newest fintech unicorns are winning by keeping their feet on the ground
Africa’s tech ecosystem just got a boost of attention, with South Africa’s TymeBank and Nigeria’s Moniepoint both raising funds in
Tage Kene-Okafor
16:20
African digital bank Tyme raises $250M round led by Nubank at $1.5B valuation
Tyme Group, a South African fintech, has secured $250 million in a Series D round, pushing its valuation to $1.5
Tage Kene-Okafor
00:28
As YC retreats from Africa, alumni launch accelerators to fill the gap
The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market
Tage Kene-Okafor
02:22
‘Where we are today in biology AI is similar to GPT in 2020’: An interview with the CEO of Africa’s biggest AI startup
In January last year, German biotech company BioNTech acquired African AI startup Instadeep for over $550 million, a deal finalized
