Tage Kene-Okafor

Nigeria

Technology Journalist at TechCrunch

Articles

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

1 week ago | technewstube.com | Tage Kene-Okafor

Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

1 week ago | techcrunch.com | Tage Kene-Okafor

African B2B e-commerce startup Sabi has laid off around 20% of its workforce (~50 employees) as it pivots from its original retail-focused platform to double down on a growing business in commodity exports.
Stripe’s former growth lead helps African diaspora invest in startups, real estate

1 week ago | technewstube.com | Tage Kene-Okafor

Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
Stripe's former growth lead helps African diaspora invest in startups, real estate

1 week ago | techcrunch.com | Tage Kene-Okafor

When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project, and eventually found a startup. That startup, Borderless, is now helping Africans in the diaspora collectively invest in startups and real estate back home.
Prominent global VC Endeavor Catalyst is raising $300M, sources say

1 week ago | techcrunch.com | Tage Kene-Okafor

Endeavor Catalyst, the co-investment fund affiliated with global entrepreneurial network Endeavor Global, is raising a new $300 million fund, its fifth and largest fund yet, as it looks to deepen its bet on high-growth startups across Africa, Latin America, the Middle East, and Southeast Asia, TechCrunch has learned. The new fund, according to sources, is still in early fundraising stages. It’s previous fund was its $292 million Fund IV closed in 2022.
Prominent global VC Endeavor Catalyst is raising $300M, sources say

1 week ago | technewstube.com | Tage Kene-Okafor

Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
Profitable African fintech PalmPay is in talks to raise as much as $100M

3 weeks ago | techcrunch.com | Tage Kene-Okafor

PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy of unicorn status.
One of Africa’s most successful founders is back with a new AI startup and already raised $9M

3 weeks ago | technewstube.com | Tage Kene-Okafor

Tech News Tube is a real time news feed of the latest technology news headlines.Follow all of the top tech sites in one place, on the web or your mobile device.
One of Africa’s most successful founders is back with a new AI startup and already raised $9M

3 weeks ago | techcrunch.com | Tage Kene-Okafor

In 2023, co-founders Karim Jouini and Jihed Othmani sold their expense management startup Expensya to Swedish procurement software firm Medius in what is widely considered to be one of the largest acquisitions of an African startup. Some sources say the sum was just over $120 million, although deal terms were not disclosed.
Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

1 month ago | technewstube.com | Tage Kene-Okafor

Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates…

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tage @ulonnaya

10 Jun 25

RT @Harri_obi: I charge $1000/hour for this, but if you’re a SuperteamNG founder, you get it for free. https://t.co/PT16IuvvC7

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real

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Tage Kene-Okafor

Articles

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

After raising $38M, African e-commerce startup Sabi lays off 20%, pivots to traceable exports

Stripe’s former growth lead helps African diaspora invest in startups, real estate

Stripe's former growth lead helps African diaspora invest in startups, real estate

Prominent global VC Endeavor Catalyst is raising $300M, sources say

Prominent global VC Endeavor Catalyst is raising $300M, sources say

Profitable African fintech PalmPay is in talks to raise as much as $100M

One of Africa’s most successful founders is back with a new AI startup and already raised $9M

One of Africa’s most successful founders is back with a new AI startup and already raised $9M

Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

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