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Uber has a new way to solve the concert traffic problem
Uber is taking a shuttle product it developed for commuters in India and Egypt and converting it for an American audience. The ride-hail and delivery giant announced Wednesday […]
Jumia is back, growing total sales and orders in Q1 2024
Jumia’s revenue and gross merchandise volume showed growth despite a decrease in quarterly active customers, according to its Q1 2024 report. Revenue increased by 19% year-over-year (57% in […]
Accel leads $4M investment in Egyptian corporate cards platform Swypex
Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use than debit and credit cards combined). This surge in […]
TLcom Capital closes second fund at $154M to back early-stage startups across Africa
Venture capital activity in Africa has shown resilience over the past six months, with major firms backing startups on the continent closing their funds despite the ongoing funding […]
Pan-African VC Verod-Kepple closes its first fund at $60M
Verod-Kepple Africa Ventures (VKAV) plans to back up to 21 growth-stage companies across the continent after closing its first fund at $60 million. The pan-African VC hit the […]
Solar eclipses were once extremely terrifying events, experts say
A total solar eclipse was often viewed by past cultures as a dangerous, unsettling celestial event. The Aztecs, Maya, and beyond were unsettled, and even today the experience can feel intense or dramatic.
‘Sing Sing’ review: Colman Domingo delivers in prison-set friendship drama
Colman Domingo and Clarence Maclin deliver tremendous performances in A24’s Sing Sing.
African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake
VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by […]