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Wasoko

Coverage of Wasoko in the Nexus archive.

Earliest in view: May 27 · 13:28 UTCMost recent: Aug 5 · 10:41 UTC
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Recent coverage
  • TECHNOLOGYAug 5 · 10:41 UTCSEMAFOR
    Africa's funding reset leaves early-stage tech founders behind

    Africa's early-stage tech startups are experiencing reduced venture capital funding as investors prioritize later-stage companies with proven revenue and scale. This shift has led to fewer deals and larger average investments, with firms like Silverbacks Holdings and 4Di Capital focusing on growth-stage ventures to meet exit and return targets.

  • BUSINESSMay 27 · 13:28 UTCSEMAFOR
    $100M philanthropy-backed fund launched to support manufacturers

    A $100 million philanthropy-backed fund, the Africa Jobs Fund, was launched to invest in African manufacturing companies over five years. Founded by Daniel Yu, former CEO of Wasoko, the fund is supported by Renaissance Philanthropy and advised by Samantha Power and Iyinoluwa Aboyeji, focusing on job creation through agri-processing value chains.