A bus-hailing platform in Nigeria that provides scheduled, trackable bus rides, focusing on high-demand routes and an asset-light model.
EchoVC ran a $2.5 million climate-tech experiment. Here’s how it went.
EchoVC released a report on its $2.5 million Eco Pilot Fund, detailing its performance and impact. The Eco Pilot Fund was launched in partnership with Shell Foundation and UKAid to support African climate tech startups.
African Startups That Bootstrapped to $1M+ Revenue
Shuttlers grew to 15,000 daily rides by focusing on high-demand routes and an asset-light model. SAVA achieved over $1 million in annual revenue by prioritizing customer needs and early revenue generation.
Patient capital, diverse exits: Verod-Kepple’s vision for the future of African startups
Verod-Kepple Africa Ventures (VKAV) has launched a $45 million fund to invest in growth-stage startups in Africa. VKAV has already invested in 11 growth-stage startups, including Moove, Shuttlers, Chari, and Julaya.
Female founders are imagining a world without investors
Female founders and investors discussed the challenges of the current VC landscape at the AWS Startups Women’s Demo Day Lagos. This year has been the slowest for deals since the pandemic, particularly impacting female founders who already receive less than 2% of African investment.
