Tage Kene-Okafor

Tage Kene-Okafor covers startups and investment activities in Nigeria and Africa for TechCrunch. Before this, Tage reported on the same beat for Techpoint Africa.

You can hit him up at tage.techcrunch@gmail.com

The Latest from Tage Kene-Okafor

Kenya’s AIfluence closes $1M for its AI-powered influencer marketing platform

Influencer marketing is one of the fastest-growing and one of the most impactful media channels today. There’s a growing ad-blocking movement and key demographics are spending less time in front

Egyptian social e-commerce platform Taager raises $6.4M led by 4DX Ventures

The global social market is rapidly growing. With over 1.25 million online social sellers in Egypt alone, the Egyptian social e-commerce market is forecast to be worth more than $14.8 billion by 2024.

Nigeria leads mobile app market growth in Africa as use of gaming apps surge 44% from Q1 2020

The pandemic’s effect on the global app market has not been hard to miss. In the first quarter and first half of this year, consumer spending in mobile apps hit new records at $32 billion and $6

Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria

On June 18, Babajide Duroshola, ex-country head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela. Less than a month later, the executive has found a new role as

Kenya’s MarketForce raises $2M, plans to focus on its B2B retail marketplace RejaReja

A 2016 study by global consultancy PwC states that an estimated 90% of sales in Africa’s major economies come through informal channels like markets and kiosks. In sub-Saharan Africa, 90% of the

Smile Identity raises $7M to build KYC and identity verification tools for Africa

An estimated one billion people worldwide face the challenge of proving who they are, according to a World Bank Group report that states that 81% of this number live in sub-Saharan Africa and South As

A year after expanding to Europe, Nigerian fintech Lidya raises $8.3M to scale lending operations

Nigerian fintech and lending startup Lidya today announced that it has completed its $8.3 million pre-Series B funding round. Alitheia Capital led the investment via its uMunthu Fund. Other investors

MAGIC Fund raises $30M to scale its global founders-backing-founders fund

Influential entrepreneurs like Paul Graham and Naval Ravikant always preach the need for startups to have founders-turned-investors on their cap table. As Ravikant puts it, “founders want to know th

MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion

Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever. This growth

TeamApt will use its new funding round to provide digital bank services for the unbanked

A great deal has changed since we last covered Nigerian fintech startup TeamApt two years ago. At the time, the company had just closed a $5.5 million Series A round from a single VC — Quantum Capit

Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney

Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model

Nigeria’s MDaaS launches new health tech product on the back of $2.3M seed extension

It is no secret that healthcare in Nigeria and most parts of Africa is not easily available and a lot of work needs to be done in that regard. However, there are instances where accessibility is taken

Ghana’s Jetstream lands $3M to build the digital infrastructure for Africa’s trade corridors

The share of exports from Africa to the rest of the world ranged from 80% to 90% between 2000 and 2017. This has created a growing demand for Africa to be less dependent on commodity exports and focus

Jiji acquires Cars45 as it looks to build a future outside classifieds

Once heralded as disruptive marketplaces, classifieds are giving way to transactional marketplaces. Yet, some classifieds in the West like eBay have evolved with time, acquiring competition operating

Egypt’s Minly raises $3.6M to connect celebrities and fans through personalized experiences

In the past couple of years, we’ve seen a growing trend of creators adopting digital and social media, not just as a supplement to their media presence but also as a cornerstone of their persona

Kenyan foodtech startup Kune raises $1M pre-seed for its ready-to-eat meals service

While there has been a wave of innovation in food tech worldwide, it’s still in early days for Africa. There are only a handful of African food-tech startups, and a year and a half’s worth

Telecom giant MTN said to have warned Nigerians of service disruption

Subscribers of MTN, the largest telecom provider in Nigeria, may soon face service disruption in the West African nation, according to a notice seen by some journalists and outlets.  A rise in insecu

Freelancer marketplace Toptal sues Andela and ex-employees, alleging theft of trade secrets

The war for talent in the tech world can be brutal — and so, it turns out, can the war between platforms that help companies source it. In the latest developement, Toptal — a marketplace f

New South African partnership gets $3M, launches telehealth product

For the early detection and treatment of health conditions, easy access to primary healthcare is crucial. Primary healthcare is best delivered by teams of primary care clinicians coordinating care bet

Nexford University lands $10.8M pre-Series A to scale its flexible remote learning platform

Two profound problems face the higher education sector globally — affordability and relevance. Whether you live in Africa, Europe or the U.S., a major reason why people don’t go to univers
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