#12 | The Agile Growth Entrepreneur Newsletter
This week I explore "Africa’s IT Boom Is Fueling The Continent’s Expanding Economy." In 2018, the African Continental Free Trade Area (AfCFTA) came into effect, paving the way for the continent.......
In 2018, the African Continental Free Trade Area (AfCFTA) came into effect, paving the way for the continent to pursue alternative industrialization strategies using digitalization’s many advantages. The original implementation date of the AfCFTA Agreement was July 1, 2020. However, because of the COVID-19 epidemic, this deadline was pushed out to the following year. However, there is a drive to advance Africa by enforcing the agreement and encouraging further cooperation and intra-African commerce, which may help the continent become more connected, make technological leaps, and withstand economic downturns caused by pandemics.
The AfCFTA secretary-general proposed a future digital payment and settlement network for African cross-border transactions in October 2020. As a result, online trade has enormous untapped potential to revolutionize and advance Africa’s economy.
Pan - African Startup Stories
Meta's metaverse hype in Africa may not bear the desired results
Egyptian startup, valU, acquires Paynas to expand BNPL offering
Google Wallet enters South Africa to tap digital payments growth
Kenyan startup Bimaleo launched to offer real-time auto insurance policies
The Middle East and North Africa’s 10 most funded e-commerce startups
How to do Cultural Investing in Africa, according to MaC Venture Capital
Microsoft is leading Big Tech’s push to relocate African developers to North America
How Zineb Drissi Kaitouni is building the biggest healthtech powerhouse in Africa
Pan - African Startup News
Hamptons Soirée Raises Over $500,000 for Communities and Conservation in Africa
Microtraction announces $15m first close of Community Fund for early-stage African startups
African startups Omnibiz, Koolboks and iProcure raise VC funding
Zywa, neobank for Gen Z raises $3M to expand to the Middle East and North Africa
Koolboks Closes $2.5M Seed Round to Scale Solar Refrigeration Across Africa
Kenyan agritech, iProcure, raises $10.2 million Series B to drive East African expansion
Pan - African Gaming News
Venture Studio Stories
What any investor needs to know about venture building studios
Venture Studio News
What I’m Reading
As each new generation of entrepreneurs emerges, there is a renewed interest in how venture capital deals come together. Yet there is little reliable information focused on venture capital deals. Nobody understands this better than authors Brad Feld and Jason Mendelson. For more than twenty years, they've been involved in hundreds of venture capital financings, and now, with the Second Edition of Venture Deals, they continue to share their experiences in this field with you.
Engaging and informative, this reliable resource skillfully outlines the essential elements of the venture capital term sheet--from terms related to economics to terms related to control. It strives to give a balanced view of the particular terms along with the strategies to getting to a fair deal. In addition to examining the nuts and bolts of the term sheet, Venture Deals, Second Edition also introduces you to the various participants in the process and discusses how fundraising works.
Fully updated to reflect the intricacies of startups and entrepreneurship in today's dynamic economic environment
Offers valuable insights into venture capital deal structure and strategies
Brings a level of transparency to a process that is rarely well understood
Whether you're an experienced or aspiring entrepreneur, venture capitalist, or lawyer who partakes in these particular types of deals, you will benefit from the insights found throughout this new book.
The Week in Podcasts
Learn more about African tech in the current wave of globalization with Olivia Osuala, Nneka Eze, and Yasmin Kumi.
Africa: A region of opportunities for blockchain adoption | Catherine Lephoto, Jibril Aku | #GBC22
At the BSV Global Blockchain Convention in Dubai, a panel of experts pooled from across #Africa shed light on how #blockchain technology can enable the continent to harness its resources, eradicate corruption and poverty while being on the frontline in the world of technology.
Previous Editions
Challenges and Opportunities in Africa’s Information Technology Revolution
Using Video To Tell A Story and Raise Capital For Your Startup
Top 5 African Countries Where People Are Most Likely To Own Crypto