Uswat-Hassan

Regions in Africa that received more VC investment in 2020
According to the Partech report, Nigerian startups received the most investment in 2020 at a total value of $307 million in 71 deals and an average deal size of $4.3 million. This is 59% lower than the $747 million invested in 38 deals at an average of $19.7 million in 2019.

The top…Read More

Africa’s startup ecosystem recorded the highest number of deals in 2020 despite the pandemic.

AfricArena, an African tech ecosystem accelerator predicted in 2020 that venture capital funding in the continent’s startups would fall between $1.2 billion and $1.8 billion. Reports at the end of the year by Partech and Briter Bridges showed that tot…Read More

Denmark midfielder Christian Eriksen has been discharged from hospital after a successful operation to fit a defibrillator implant.

The 29-year-old Inter Milan playmaker was resuscitated on the pitch at the Parken Stadium in Copenhagen on Saturday after suffering a cardiac arrest during the first half of his side’s 1-0 Euro 2020 Group B defeat…Read More

Lagos, the commercial capital of Nigeria has overtaken Nairobi, Kenya to become Africa’s top startup ecosystem. This is according to the Global Startup Ecosystem Index 2021 which was released by StartupBlink. The report ranks Lagos 122nd globally, overtaking Nairobi, Kenya, which now ranks 136th globally.