This Week in African Tech 🌍

Scale-ups struggle and funds land fresh capital

Welcome to Tech Safari!

Your tour guide on African Tech 🧭

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Happy Monday!

A big week in startups. Companies like Marketforce and Interswitch are feeling the heat, while funds like Norrsken22 and Novastar have landed fresh capital to invest in startups.

On the Tech Safari Side - we will be in Kigali this week taking over Norrsken’s Africa Week for an afternoon, with a lineup of my favourite community builders.

And next week, I’m teaming up with three exciting companies to watch in African tech: Paystack, Leta, and Shop Zetu.

We’ll be talking about the future of e-commerce and how to scale an e-commerce company. RSVP to attend here.

Alright, let’s dive into the edition!

Tech Roundup

  • Kenya opens its first smartphone factory to make low-cost phones. The factory is set to produce up to 3 million 4G-enabled phones a year priced from as low as $50.

Deal Roundup

Almouneer’s founders, Noha Khater (CEO) and Rania Kadry (CTO)

Events + Opportunities

  • Our friends at Zindi are running a 2-day Data Science Retreat for tech leaders and executives in Dar Es Salaam. Get insights from Zindi, CareerLauncher, and IIT experts on how to leverage data science, Machine Learning, and AI for better decision-making. Register here.

  • Startups in Kenya - Latitude59 are calling for early-stage startups for the Latitude Pitch Competition on December 6th.

    • Finalists will have the chance to come to Estonia with me next year and pitch live at Latitude59 🎉 

    • Apply here, or shoot me an email if you have any questions.

  • Founders! Google Cloud is hosting a Lagos Founder's Story event with the CEO and Co-founder of PiggyVest, Somto Ifezue. Come and network with startup ecosystem leaders on the 9th of November. Register here

  • Apply now for the 2nd edition of ELEVATE an investor readiness program. Run by GOGLA and GET.invest the program seeks to help African off-grid solar companies. Apply here before 19th November.

And that's a wrap for this week!

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