Category: Africa

Africa’s top mobile phone seller Transsion lists in Chinese IPO
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Africa’s top mobile phone seller Transsion lists in Chinese IPO

Chinese mobile-phone and device maker Transsion has listed in an IPO on Shanghai’s STAR Market, a Transsion spokesperson confirmed to TechCrunch.  Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa under its Tecno brand. The company has also started to support venture funding of African startups. Transsion issued 80 million A-shares at an opening…

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What is Andela, the Africa tech talent accelerator?
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What is Andela, the Africa tech talent accelerator?

As someone who covers Africa’s tech scene, I’m frequently asked about Andela. That’s not surprising, given the venture gets more global press (arguably) than any startup in Africa. I’ve found many Silicon Valley investors have heard of Andela but aren’t exactly sure what it does. In a bite, Andela is Series D stage startup―backed by…

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Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M
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Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

in July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there was a cash component of the deal. Founded by Jason Njoku  in 2010 — and backed by $45 million  in VC — IROKOtv boasts the world’s largest online catalog of Nollywood: a Nigerian movie…

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