4 African startups that shutdown in Q1 2025
African tech startups secured $780 million in funding in the first half of 2024, a 57% decrease from 2023. 54gene, a Nigerian genomics company, and Sendy, a Kenyan logistics startup, shut down due to funding problems.
How high inflation, low income stall growth for Nigerian edtech startups
Edukoya secured $3.5 million in funding in 2021 to enhance its technology and expand its business. Edukoya shut down core operations in February 2025 due to low disposable income and macroeconomic conditions.
Top 7 EdTech Startups for Digital Skills in Africa
230 million jobs in Sub-Saharan Africa will require digital skills by 2030. Only 2% of the workforce in Africa currently possesses digital skills.
