Jumia, Africa’s largest e-commerce company, made history on Friday as the first African tech startup to list on the New York Stock Exchange. The company kicking off its first full week of trading with ...

“I think we’re still very, very early on in our journey,” Nakhla told The Africa Report in mid-February, a fortnight after the announcement of Chimera Abu Dhabi’s $200m acquisition of a 22% stake in ...

In April 2019, as a team of senior executives at Jumia Technologies AG rang the ceremonial bell marking the start of trading during the company’s historic IPO at the New York Stock Exchange, an ...

Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora. Moniepoint Inc. raises ...

At the recent TechCrunch Disrupt SF, Senegalese VC investor Marieme Diop suggested that Silicon Valley’s unicorn IPO model might not be right for African startups. This is largely because the ...

According to CB Insights, there are more than 900 unicorn companies worldwide, with seven in Africa, four of which appeared during January-September 2021. The funds collected by African startups ...

African cross-border payments app Chipper Cash has raised $150 million in a Series C extension round led by bitcoin exchange FTX, leading the money transmitting app to a $2 billion valuation, reported ...

Chipper Cash, an African cross-border payments company valued at $2.2 billion last year, has laid off a portion of its workforce. Yesterday, a few affected and non-affected employees took to LinkedIn ...

Washington DC, USA - Media OutReach - 22 July 2022-Delphos acted as exclusive advisor to Wave Mobile Money Holdings Inc. (“Wave”) on its highly successful €90 million Syndicated Loan, which will ...