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Africa

More African founders secure $1M+ Funding in new trend

        By Seth Onyango, bird story agency   Start-ups in Africa are increasingly hauling in US$1 million or more in funding, even as the investment climate on the continent cools off. Data from Africa: The Big Deal, shows ventures raising over US$1 million thrive due to their bankability, suggesting a selective but keen interest from investors amidst a cautious investment backdrop. "While the amount raised quarterly is […]

today10 April, 2024

Africa

Ethiopia’s first stock exchange on horizon as it begins licensing investment banks

    By Conrad Onyango, bird story agency   Ethiopia has entered the final stage of its first stock exchange launch, as the country’s Capital Market Authority begins to on-board foreign investment banks from the second week of February. The regulator announced that it will start issuing investment bank licenses from February 12th 2024- the first time in the country’s history and after six ‘rigorous’ months of developing guidelines to […]

today14 February, 2024