Investor news
Investor news
A running feed of venture, private equity and technology financing news, gathered automatically from the sources we read. Headlines link through to the publisher.
Next Wave: Why Uber broke in Nigeria – TechCabal
Uber’s departure from Nigeria and Uganda signals the end of Silicon Valley’s unhedged expansion across Africa.
Next Wave: The perfect price discrimination – TechCabal
Big tech platforms across the continent are quietly deploying predictive software to shape consumer reality. Jumia, the pan-African e-commerce giant, relies heavily on personalised recommendation systems. The software...
Uber’s $14 ride problem in Nigeria – TechCabal
Uber spent 12 years in Nigeria and decided to leave because the market it operated in could not deliver the economies of scale required to support its future...
Uber came to Africa to disrupt transport. Then Africa changed Uber. – TechCabal
Africa spent a decade teaching Uber how on-demand mobility works in a cash economy on unmapped roads.
TechBBQ’s Charles Kinga on what European investors get wrong about Africa – TechCabal
Charles Kinga does not immediately strike you as someone who can talk for hours. When we meet on August 25 in the lobby of Go Hotel in Copenhagen,...
Wonderful raises $550M, Mykhailo Fedorov’s new defencetech investment fund, and Londoners can now hail AVs (with safety drivers) – Tech.eu
This week, we tracked more than 50 tech funding deals worth over €4.6 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.If email...
Ahn leaves Lotte Ventures for role at AI search company – Global Venturing
In his new role as head of corporate development, Leo Ahn will lead investor relations and strategic partnerships at Octen AI. The post Ahn leaves Lotte Ventures for...
