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Exclusive: African VCs are turning to secondary markets for liquidity

Africa’s funding boom gave birth to a market for secondary sales of startup shares but as big deals slow, it is getting harder to find buyers.

Ik kanuOlugbenga agboolaUwem uwemakpanJoe kinviKuda bankBig dealJude dikeTiger global backed kenyanValar venturesTarget globalAtlantica venturesLaunch africa ventures

Exclusive: Wasoko and MaxAB to cut overlapping workforce as merger talks advance

Wasoko and MaxAB will trim roughly 10% of the combined workforce of both companies as merger talks advance, TechCabal has learned

Belal el merghabelDaniel yuTiger global backed kenyan

Wasoko and MaxAB say merger will create a category king

Daniel Yu of Wasoko and Belal El-Megharbel of MaxAB want to create a category king in Africa's growing market for tech-enabled wholesale commerce.

Belal el megharbelWasoko yuDaniel yuTiger global backed kenyan

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