Telkom looking to sell its tower business amidst 46.7% surge in half-year profit
Telkom, South Africa’s third-largest telecom company, is currently in exclusive negotiations with a consortium of equity investors, including a Black Economic Empowerment partner, for the potential sale of its masts and towers business, Swiftnet. Telkom, looking to unlock value in this segment, sees the move as essential, considering its undervaluation
Aduna Capital launches $20 million fund to invest in Northern Nigeria and female founders
Nigerian venture capital firm, Aduna Capital has today announced the launch of a $20 million fund. The fund will invest 55.5% of its capital in startups in Northern Nigeria, with the rest split between other regions of the country and Africa. The fund also aims to get 50% female representation
Jetstream, Ghana’s leading e-logistics startup is betting on its export loan business for growth
Jetstream Africa, a four-year-old logistics company, aspires to be more than just a freight forwarder. In addition to its core business, the company aims to serve as a one-stop shop, offering elusive export loans to small exporters facing financial constraints in fulfilling international orders. Miishe Addy, the CEO and co-founder,
Preseed Funding: Fueling Your Startup Journey
Without capital, your idea may not become a reality. That’s why one of the early-stage financing options available to startups is preseed funding. In this article, we will explore what preseed funding is, how it benefits startups, and provide insights into obtaining preseed funding for your innovative venture. Click to
Pre-seed Venture Capital: Unlocking Early-Stage Funding for Startups
Picture this: You’re a seasoned or aspiring entrepreneur with a brilliant idea. With the drive to create something extraordinary, however, you lack one crucial element – capital. That’s where pre-seed venture capital comes into play. So, today, in this post, we’re going to discuss it and why you need preseed
Afriwork hits 300k user mark and supports 50k SMEs
Ethiopia’s talent marketplace, Afriwork, has successfully brought on board an impressive 300,000 users and is making a significant impact by assisting 50,000 SMEs in sourcing and hiring talent. Founded in 2018, Afriwork specializes in offering small businesses an innovative Software-as-a-Service (SaaS) solution tailored to streamline their HR activities. The core
How (& Why) We Are Building Today Africa
For the past 12 months, we’ve been researching, strategizing, and planning on how to build Today Africa. In this post, we will break down everything we plan to do, why we will do it, and what we hope to achieve. Let’s get started. The Beginning Today Africa was born out
