With more apps than ever and the mainstay social media giants dominating people’s screen time, the competition is fierce. Investors, meanwhile, are pining after flashy AI deals.
Browsing: money
Early-stage African startups have found it difficult to raise money this year. In July, GoLemonstopped taking orders after two years and tens of thousands of deliveries, with an average basket of about ₦43,700 ($32). The company said it made money on every delivery, but when it sought capital to scale, it could not raise enough…
Airtel Africa has finally settled on where it wants to take one of Africa’s biggest fintech businesses public. The bigger question is whether that market can still deliver what the company is looking for.
