Tage Kene-Okafor

Tage Kene-Okafor covers startups and investment activities in Nigeria and Africa for TechCrunch. Before this, Tage reported on the same beat for Techpoint Africa.

You can hit him up at tage.techcrunch@gmail.com

The Latest from Tage Kene-Okafor

4DX Ventures closes second fund with $60M, adds Dikembe Mutombo as senior advisor

Pan-African venture capital firm 4DX Ventures has completed the final close of its second fund at $60 million. The second fund, launched in the first quarter of this year, was expected to close at $50

African edtech startup uLesson raises $15M, backed by Nielsen Ventures and Tencent

As many edtech companies benefited from the disruption of the pandemic, attracting wads of cash from investors globally, it did feel like African startups were left out. Well, not anymore: Two-year-ol

Egyptian fintech Sympl raises $6M for its ‘save now, pay later’ service

Buy now, pay later (BNPL) offerings have existed for a long time, but increased in popularity as the pandemic made more people shop online and conserve cash. Though BNPL has taken off in most parts of

Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr

Egypt-based celebrity platform Minly acquires Dubai’s Oulo to consolidate its position in the GCC

Minly, a MENA-based media and entertainment startup, announced today that it has acquired Oulo, a Dubai-based celebrity shoutout platform, for an undisclosed fee. The acquisition is coming six months

4DX Ventures and Flutterwave back Francophone Africa’s CinetPay in $2.4M round

CinetPay, a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4 million in seed funding. Pan-African ventur

MainOne CEO Funke Opeke says Equinix is buying her company for the right price

The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region’s most important and pivotal tech companies in the past decade, by Equinix, a U.S.

Equinix is acquiring Nigeria’s MainOne for $320M as it expands into Africa

Equinix announced today that it is acquiring MainOne, a West African data center and connectivity solutions provider with a presence in Nigeria, Ghana and the Ivory Coast, for $320 million. The acquis

TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa

Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot, a Nigeria- an

Kenya’s Pariti raises $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets

Pariti, the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 million seed, the company confirmed to TechCrunch tod

Norrsken Foundation’s hub opens in Rwanda, to house 1,000 entrepreneurs by next year

In 2019, Swedish coworking space and investment fund Norrsken Foundation announced the launch of its first entrepreneurship hub outside the Scandinavian nation in Rwanda. The center, located in Kigali

Francophone African super app Gozem grabs $5M to expand and offer more services

Gozem, a super app that provides a host of services — including transport, e-commerce and financial services in Francophone Africa — has raised $5 million in Series A financing, the compan

South African talent marketplace OfferZen gets $5.2M to deepen European expansion

South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 million ($5.07 million) i

Algeria’s Yassir picks up $30M to build a super app in North Africa

Yassir, an Algerian startup that provides on-demand services such as ride-hailing and last-mile delivery, has raised a $30 million Series A round. The investment came from a long list of VCs and angel

Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

Nigeria’s informal trade sector, worth over $244 billion, has more than 40 million micro, small and medium businesses. Most of these businesses operated offline until a few years ago when startups b

Nigeria’s OnePipe raises $3.5M to double down on its embedded finance offering

Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers. And the attention on these companies, particularly from ve

South Africa’s Mobiz nabs $4M to expand personalized SMS marketing into the US

Mobiz, a South African startup integrating hyper-personalization into mobile marketing, has raised a pre-Series A round of $ 4 million from HAVAÍC, Futuregrowth, Launch Africa, Allan Gray E-Squared V

Binance CEO Changpeng Zhao talks regulation and platform’s activities in Africa

Changpeng “CZ” Zhao launched Binance in 2017 and, according to some sources, the company grew into the world’s largest cryptocurrency exchange in the world in 180 days. The Wall Street Journal r

Nigerian fintech Abeg faces its biggest test yet after blitzscaling to millions of users

On October 3, “Big Brother Naija,” a reality show sponsored by Nigerian social payments company Abeg, came to a rapturous close after 72 days on air. The show, which commenced on July 24, is the m

Nigeria’s Kippa gets $3.2M pre-seed for its small business finance management app

Millions of small businesses globally, especially in emerging markets, have stayed offline for the better part of the past decade. Due to that, most of them still rely on scribbles using pen and paper
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