Chowdeck cuts 68% of contract staff after operational improvements
Chowdeck cuts 68% of contract staff after optimising its rider and restaurant operations. Over the last year, Chowdeck CEO Femi Aluko says the startup has seen its operations team grow sixfold from 20 in January 2024 to 120 in January 2025. However, he notes that the growth in staff strength
How to value a startup with no revenue this year
Whether you’re a first‐time entrepreneur or a seasoned founder, understanding how to value a startup with no revenue is key to raising funds, negotiating equity, and planning for future growth. So in this article, we’ll explore the unique challenges of valuing pre‐revenue startups, discuss key factors and valuation methods, and
Best Business Opportunity in South Africa This Year
For entrepreneurs and investors looking to capitalize on the emerging markets of Africa, South Africa offers a wealth of business opportunities. In this article, we will delve deep into the various aspects of the South African market so you can make an informed decision when exploring a business opportunity in
Top 6 Business Opportunities in East Africa This Year
East Africa is emerging as a dynamic economic hub with vast potential for investors and entrepreneurs alike. With a rapidly growing population, expanding urban centers, and progressive government policies aimed at regional integration, the region presents a unique blend of challenges and opportunities. In this post, we explore the key
How Keletso Sesi Twala is Empowering Learners Through Educational Programs
Keletso Sesi Twala is the founder of Shine For Hope Developers (S4HD), a non-profit organization dedicated to fostering holistic growth and empowerment within the community. Their initiatives encompass education, technology, arts and cultural performance, sports, and nutrition. Through their after-school program, they provide academic support, access to technology, and opportunities
10 Best Business Opportunities in Africa This Year
Africa is no longer a land of untapped resources—it is fast emerging as a thriving hub for innovation, investment, and entrepreneurial spirit. With its robust economic growth, youthful demographics, rapid urbanization, and an increasingly supportive business environment (thanks to initiatives like AfCFTA), the continent is ripe with possibilities. In this
How to Invest in African Startups This Year
Africa startup ecosystem is booming. With its rapidly growing technology sectors, youthful demographics, and innovative entrepreneurs, the continent is fast emerging as a hotspot for investment opportunities. If you’ve ever wondered how to invest in African startups—whether you’re an angel investor, venture capitalist, or simply looking to diversify your portfolio—this
Why Global Investors Can No Longer Ignore African Startups
In recent years, the African startup ecosystem has undergone a seismic shift. Once considered a risky investment playground, African startups are now emerging as engines of innovation, resilience, and exponential growth. From digital payments to agritech and renewable energy, these startups are tapping into a youthful demographic, harnessing leapfrogging technologies,
Africa Startup Ecosystem: Innovation, Challenges, and Opportunities
Over the last decade, Africa has shifted from a region often associated with challenges to one brimming with entrepreneurial promise. With mobile penetration soaring and digital infrastructure improving, African startups are addressing local problems with innovative solutions that also have global potential. Today, major hubs in Lagos, Nairobi, Cape Town,
Moniepoint raids Access and Stanbic Bank for top talent
The Nigerian fintech unicorn, Moniepoint raids Access and Stanbic Bank for top talent as it expands its business. The recent hires span compliance, risk management, sales, and product roles—functions critical to scaling financial services. Notable hires include Michael Afolabi, former acting Chief Information Security and Data Protection Officer at Oxygen X,
