What happens when a global powerhouse in startup acceleration suddenly decides to pull out of one of Africa’s fastest-growing tech hubs? After just two years in Nigeria, ARM Labs Lagos Techstars has surprised everyone by shutting down its operations. This also means the third program, which started in March 2024, is now officially canceled. The news […]
CapWay, a fintech startup founded in 2016 by Sheena Allen, has officially closed its doors. The company aimed to provide financial services to underbanked communities, also known as “banking deserts,” but was ultimately unable to overcome significant funding and regulatory hurdles. In a LinkedIn post, Allen announced the closure, expressing pride in CapWay’s mission but […]
Once again, we come bearing news. We have three major headlines for you, and let’s just say – I have news and bad news! Lets start with the news news For the past four years, they have been dealing in freight forwarding. But now, Jetstream wants more! Jetstream Africa revealed that they want to be […]
