FUNDING

Here’s one way to raise funds for your business during an economic downturn 0
- Entrepreneurs, Money
- February 4, 2016
Countries all over the world are in dire economic straits, African nations included. And while SMEs are touted as major drivers to help grow an economy, the truth is a lot of SMEs will crash and burn in this period. This is due to the lack of adequate funding to plow through the hard times.
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January Funding Roundup: funding news from across Africa in the month of January 1
- Money, Technology
- February 1, 2016
African Startups that raised Economies dwindling all over the globe. But somehow, someway, these startups managed to raise (in case you were wondering where all the money went). IrokoTV ($19 Million) From its early days as a Youtube channel, you could say that IrokoTV has come a long way. Even though a lot of scene
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BRCK closes a $3 Million funding round from International Investors 0
- Companies, Entrepreneurs, Technology
- January 8, 2016
Erik Hersman, CEO of BRCK, will be in really good spirits right about now. That’s because BRCK, the Kenyan company making the all-terrain internet router and backup power for remote regions of Africa, has closed a US$ 3 million funding round. The investment was made by former AOL executives Jean and Steve Case, Jim Sorenson,
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“Silicon Valley Styled Entrepreneurship Might Not Work In Africa” – SilverTree Capital 0
- Entrepreneurs
- August 27, 2015
Africa-focused business builder, Silver Tree capital has made a whooping R20 million (USD1.5 million) investments so far in the first seven months of 2015. The business incubator through its internet subsidiary SilverTree Internet Holdings has divested over R16 million (USD1.2 million) on three first-time deals in the e-commerce, online travel, and IT development businesses. An
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The Power of Having Nothing.0
- Entrepreneurs
- August 27, 2015
Ask any young entrepreneur/business owner what they need most to “succeed” and 9 out of 10 of them will say CAPITAL. In the last couple of weeks, I’ve come across stories that keep pointing in a different direction to this “truth”. There is power in the lack of resources, for the sake of this discussion I’ll
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