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Netflix lost almost a million subscribers in the last quarter, and the streaming giant expects to shed hundreds of thousands more this year. Does that mean consumers are suffering from “subscription fatigue?” Or are there just more options to choose from as studios set up new platforms (and withdraw their content from the big red…
A new report detailing the cost of mobile data in different markets across the world, bears the evidence of why internet use in most of Africa remains low despite the growing broadband internet coverage. The Worldwide Mobile Pricing 2022 report, which surveyed 233 countries, shows that five of the 10 most expensive countries to buy…
Virridy, a developer of technologies for monitoring and managing water, energy, and agricultural resources, has raised $5.5 million series A funding in a round led by Accord Capital to expand its offering across Africa and North America. The round also had the participation of a number of existing investors including FHI 360, Cleo Capital, Reverent…
Many businesses looking to set up pan-African operations are often met with the challenge of establishing payment services that are appropriate for each country they go to. Most of the payment services merchants working in the continent have solutions that are limited to specific regions, meaning that businesses have to sign deals with multiple providers…
In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in…