Exits and shutdowns in Africa's startup space

Exits and shutdowns in Africa's startup space

Techpoint Africa Podcast

Exits and shutdowns in Africa's startup space

Sep 28 2023 | 00:54:45

00:00 / 00:54:45

Hosted By

Chimgozirim Nwokoma

Oluwanifemi Kolawole

Bolu Abiodun

Show Notes

This episode is also available on YouTube - https://youtu.be/RqU07fhRkoQ

On this week's Techpoint Africa Podcast, our reporters discuss an acquisition, a shut down, and other happenings in Africa's tech space.

The stories:

Risevest acquires Chaka
54gene to shut down
Nigeria to boost startup listings on NGX
Sendy appoints administrator

Register to attend the Modern Workplace Africa Conference: https://modernworkplaceafrica.com/

Subscribe to The Workaholic - https://techpoint.africa/subject/work/

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Timestamps

00:00 - Intro

05:33 - Risevest acquires Chaka
17:40 - 54gene to shut down
31:05 - Startups on NGX
36:49 - Sendy enters administration

Useful links

Risevest acquires Chaka
After raising $45m in two years, 54gene is shutting down
Nigeria to boost startup listings
Logistics startup Sendy enters into administration after failing to find a buyer
Logistics startup Sendy appoints Peter Kahi of PKF Consulting as administrator
MultiChoice loses $1.7b in six months
Threads users will be able to delete their accounts without losing Instagram by December
$4bn investment in Anthropic: Amazon playing catch up with Microsoft & Google in AI race

This episode was produced by Ogheneruemu Oneyibo

Email us your feedback at podcast@techpoint.africa. Visit www.techpoint.africa/ for more stories.

Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk

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