Tag Archives: africa

Waymo’s Boris Sofman and TuSimple’s Xiaodi Hou to join us at TC Sessions: Mobility 2020

One of the areas of autonomous driving technology with the most potential to have a near-term and dramatic impact remains trucking: There’s a growing lack of drivers for long-haul routes, and highway trucking remains a relatively uncomplicated (though still very challenging) type of driving for AV systems to tackle. Many companies are pursuing the challenge […]

Andela CEO confirms staff cuts as layoffs hit African tech

Africa-focused tech skill accelerator Andela has release 135 staff members, CEO Jeremy Johnson validated to TechCrunch. Senior personnel at the business —– with workplaces in New York and 5 African nations —– will likewise take wage cuts of 10% to 30%. The settlement and personnel decreases are an outcome of the financial effect of the […]

CcHub funds tech to curb COVID-19 on concerns of an Africa outbreak

Africa’s biggest development incubator, CcHub , will provide financing and engineering assistance to tech jobs focused on suppressing COVID-19 and its financial and social effect. The Lagos and Nairobi based company published an open application on its site today, CcHub CEO Bosun Tijani informed TechCrunch on a call. CcHub will supply $5000 to $100,000 financing […]

Did African startups raise $496M, $1B or $2B in 2019?

Five years earlier, it was tough to come by any numbers for yearly VC financial investment in Africa. Nowadays the obstacle is picking which number to follow. That’s the case for 3 endeavor financing research studies for Africa that showed up differed outcomes. .The numbers and difference. Investment statistics launched by media outlet Disrupt Africa […]