Kenya has a flourishing tech startup ecosystem, with a plethora of successful startups that have received substantial funding and grown significantly. M-Pesa, a mobile payments startup that has revolutionized financial
Internet services in Africa has always been limited. It is limited in availability and in affordability. While we think of the cost fixing the limitations placed on internet services as
Given the worldwide tech funding crunch caused by the economic meltdown, which resulted in mass layoffs, downsizing, and outright shutdown in the global tech industry, the Nigerian tech startup ecosystem
It is difficult to tell what happens in Africa’s startup funding space in 2023, here at the Ouut we are anticipating a bumper year. While founders and innovators remain
There was a time when mega rounds were confined to the West. That is no longer the case now. Macroeconomic conditions are now favoring Africa well enough to attract such
The effect of technological innovation on economic growth has received significant attention in Southern Africa. Due to its speedy development and potential impacts, innovation and digital processes have become a
Over many publications, it is evident that the government is intertwined with tech activities within a given society. Nothing has the ability to scale without the approval, development and openness
Broadening financial services seemed like a herculean task for banks until the spread of Fintechs began in Africa. Fintechs have created the needed motivation for banks to expand and simplify
Access to electricity remains a major challenge for Sub-Saharan Africa, even as the rest of the world has shifted its focus to safe and clean energy sources. According to the
Kenya is the continent’s second most popular investment destination, trailing only Nigeria. As of November 2022, the ecosystem funding stood at $506,686,000 spread across 63 transactions. This
The Nigerian prop-tech industry is currently valued at $2 billion and is expected to grow to $5 billion by 2025 with several tech startups driving its growth, innovation, and development.
According to the IMF, for Africa to grow and develop sustainably, the continent must shift its focus to retaining and creating wealth, better managing its resources, fostering inclusiveness, moving up
