Magnitt

1 month ago | magnitt.com | Ephraim Modise

The early success of startups such as Uber, Netflix, and Airbnb brought to the foray the concept of “disruption”. Over the years, startups have been expected to also upend existing industries whose business models have been deemed “archaic”. However, a shift has emerged in recent years. Instead of directly competing with established players, many startups are now building solutions that empower incumbents, helping them modernize rather than replace them.

Dec 5, 2024 | magnitt.com | Ephraim Modise

As the year draws to a close, November's funding activity in emerging venture markets (EVMs) across the Middle East, Africa, Southeast Asia, Türkiye, and Pakistan, was an improvement on the ecosystems’ fortunes in October. $938 million was raised from 82 deals across the emerging venture markets in the ME, Africa, SEA, Pakistan, and Türkiye. Singapore led the way with 18 deals, followed by KSA and Türkiye. Startups from Indonesia, Qatar, and Nigeria also raised more than 5 rounds in November.

Nov 21, 2024 | magnitt.com | Ephraim Modise

The US presidential elections have come and gone and Donald Trump will re-enter the White House for a second term from January 2025. With US institutions being pivotal investors in VC funds in MENA, SEA & Africa, how will VCs in the regions fare going forward?