Jake Bright

Jake Bright is a writer and author in New York City. He is co-author of The Next Africa.

The Latest from Jake Bright

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid de

Africa Roundup: Jumia files for IPO, OneFi acquires Amplify, FlexClub expands in Mexico

Less than a decade ago IPOs, acquisitions and global expansion by African startups were more possibility than reality. March saw all three from the continent’s tech scene. Pan-African e-commerce com

Lightning Motorcycles unveils Strike e-moto, with up to 200-mile range

Lightning Motorcycles finally unveiled the electric vehicle it had been teasing for months. With a $12,000 to $19,000 price range, the Strike electric motorcycle has options with a 200-mile range, 150

Dakar Network Angels begins startup investments in francophone Africa

The Dakar Network Angels group launched this month, making its first investment in francophone Africa to cleantech venture Coliba. The Ivorian startup — which uses a mobile app to coordinate waste r

Nigerian fintech startup OneFi acquires payment company Amplify

Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount. OneFi will take over Amplify’s IP, team, and client network of over 1000 merc

Seven Africa-focused startups present at Y Combinator’s Demo Day

The seven Africa-focused companies that presented as part of Y Combinator’s Winter 2019 class of 200 startups may seem like a small percentage for such a large class, but it represents the growi

South Africa’s FlexClub raises $1.2M, partners with Uber Mexico

FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the financing

African e-commerce startup Jumia files for IPO on NYSE

Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange today, per SEC documents and confirmation from CEO Sacha Poignonnec to TechCrunch. The valuation, share price and t

Nigeria’s Gloo.ng drops consumer e-commerce, pivots to e-procurement

Nigerian startup Gloo.ng is dropping consumer online retail and pivoting to B2B e-procurement with Gloopro as its new name. The Lagos-based venture has called it quits on e-commerce grocery services,

Africa Roundup: Kenya’s BRCK acquires EveryLayer, Nigeria’s TeamApt eyes global expansion

Kenyan communications hardware company BRCK acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a purchase deal of an undisclosed amount in February. Based

Zero Motorcycles leads in electric motorcycles as BRP scoops up Alta’s remains

As the mobility world awaits Harley Davidson’s EV debut, there’s plenty of motion in the e-moto startup space. Zero Motorcycles unveiled its new 110 horsepower SR/F model in New York this week, of

Nigerian fintech firm TeamApt raises $5M, eyes global expansion

Nigerian fintech startup TeamApt has raised $5.5 million in capital in a Series A round led by Quantum Capital Partners. The Lagos based firm will use the funds to expand its white label digital finan

BRCK acquires ISPs EveryLayer and Surf to boost Africa’s public Wi-Fi

Kenyan communications hardware company BRCK has acquired the assets of Nairobi-based internet provider Surf and its U.S. parent EveryLayer in a deal of an undisclosed amount.

Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot

A high court in Zimbabwe ended the government’s restrictions on internet and social media last month.

Partech is doubling the size of its African venture fund to $143 million

The Partech Africa Fund plans to make 20 to 25 investments across roughly 10 countries over the next several years.

Zimbabwe’s government faces off against its tech community over internet restrictions

After days of intermittent blackouts at the order of Zimbabwe’s Minister of State for National Security, ISPs have restored connectivity through a judicial order issued Monday.  

Flutterwave and Visa launch African consumer payment service GetBarter

Fintech startup Flutterwave has partnered with Visa to launch a consumer payment product for Africa called GetBarter.

Harley Davidson reveals more about its push into electric vehicles

Harley Davidson released new specs for its electric motorcycle and pulled the covers off the concept designs for its electric bicycle and scooter as the company's push into electrifying its product li

Venture capital, global expansion, blockchain and drones characterize African tech in 2018

2018 saw Africa’s tech sector become more dynamic and international. Here’s a snapshot of the news that shaped African tech over the last year.

IBM Africa and Hello Tractor pilot AI/blockchain agtech platform

IBM Research and agtech startup Hello Tractor have developed an AI and blockchain-driven platform for Africa’s farmers. The two companies will pilot the product in 2019.
Load More