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Spotify paid South African artists R400m in 2024 — here’s what that means for Africa’s music economy
Spotify’s growth in Africa has seen significant growth with the music streaming company paying R400 million in royalties to South African artists in 2024—a 54% increase from 2023.
Google’s video streaming platform, YouTube has increased the price of its premium service in Nigeria and South Africa.
A report by Dream VC in partnership with A&A Collective details compensation structures for African venture capital roles.
In March 2025, African startups raised just $50 million, the lowest monthly total since late 2020 and an 82.7% drop from January’s $289 million. Meanwhile, female-led startups secured just 2% of total funding.
As SaaS providers like Google increase prices in Africa, affordability is becoming a major concern. Mercurie’s centralised platform wants to address this issue by reducing costs and streamlining payment processes.
A change.org petition has revealed details surrounding the death of Bumpa co-founder Adetunji Opeyele.
Samsung has added Kiswahili and Amharic to its smartphones, expanding digital access for millions across East Africa and reinforcing its commitment to language inclusion in Africa.
Startup valuation in Switzerland: Multiples (revenue, EBITDA) differ by sector (e.g., tech vs. retail). Factors: growth, risk. Early stage: revenue multiples. Mature: EBITDA. Consider CAC, LTV. Adapt to market. Realistic projections are key.
Startup failures are becoming more frequent. In conversation with Justin Stanford, General Partner at 4Di Capital, we explore why startups fail and what founders can do.
AltSchool Africa now has a partnership with two of the largest crypto exchanges in the world, Binance and ByBit to offer scholarships to Africans. While the Binance deal exempted Nigerians, the Bybit scholarship is open to all Africans.
Africa’s VC funding surged 1,597% from 2015-2023, yet female founders got just 2.3% in 2024. Bias, low representation, and limited support hinder growth.
British International Investment (BII) has invested $20 million in the Aliko Dangote-backed Alterra Africa Accelerator Fund to boost mid-cap tech and telecom firms in Africa.
Artificial Intelligence is changing the way businesses are run. In Nigeria, women led businesses could see drastic growth through AI skills with a new partnership by Nimbus Aid Foundation and ALX Nigeria.
Bernard Laurendeau, Managing Partner of Laurendeau & Associates, discusses how Africa can benefit from stronger ties with Japan, focusing on financial services, technology, and consumer goods.
Helios Investment Partners targets $750M for its fifth fund, with backing from IFC and EIB. The fund will focus on digital infrastructure, fintech, and tech-enabled sectors across Africa.
Zipline is expanding its drone delivery services to five more Nigerian states, revolutionizing healthcare logistics by ensuring faster, more efficient medical supply distribution.
LoftyInc Capital has hit the first close of its third fund. Backed by major development finance institutions, the firm aims to help African startups scale to Series A.
Dozy Mmobuosi is making a pivot towards artificial intelligence (AI) in agriculture, even as he faces significant legal challenges from the U.S. Securities and Exchange Commission (SEC).
Madica has invested $800,000 in four African startups through its investment programme, offering funding, mentorship, and support to enhance the continent’s entrepreneurial ecosystem.
Nigeria’s edtech industry is projected hit $400 million in 2025, but the infrastructure gap required to get there will require more than the projected amount.