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    Udoh Charles

    Charles has carved a niche at the forefront of Africa’s booming tech scene. With years of experience, Udoh has become a go-to expert for multi-million dollar deals in venture capital, private equity, and intellectual property across a vast landscape — from Delaware and New York to Singapore and South Africa. But his expertise extends beyond just the legalese. Udoh is also a corporate governance, data privacy, and tax whiz. An award-winning writer and researcher, he’s passionate about chronicling Africa’s startup story, cementing his position as a true pioneer in the field.

    Nigerian Fintech Traction Acquired After Recent $6M Funding

    The acquisition of Traction will allow OmniRetail to integrate its merchant POS services into OmniPay, creating a more comprehensive platform for SMEs.

    Ghana’s Aya Data Secures $900,000 Seed Round to Scale AI Solutions

    Aya Data’s edge lies in its control of the entire process locally, which the company argues improves both efficiency and quality.
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    Tired of Equity Deals? Meet the Growing List of Investors Backing Revenue-Based Financing for African Startups

    Rather than surrendering equity or taking on high-interest debt, founders can receive loans based on future earnings and repay them through a percentage of their monthly revenue.

    The Costly Mistakes of Registering African Startups Overseas

    In practice, many African founders discover that access to these services is not guaranteed.

    UPDATED: A List Of New VC Funds African Startups Can Pitch In 2024

    Here’s a curated list of recently launched Africa-focused venture capital funds, with a focus on those established between January 2023 and September 2024:

    Rebranding Gone Wrong: The Name Game That Keeps Hurting African Startups

    While this might have seemed like a practical decision, observers couldn’t help but wonder if this was an avoidable mistake.

    How (Not) to Evade Tax as a Foreign Startup in Kenya

    If you want to take away some lessons from these examples, here’s what you should avoid if you want to keep Kenya’s tax authorities at bay.

    How Local VC Presence Is Fueling Startup Funding Activity in Francophone Africa

    Many local VC firms across Francophone Africa, also, mostly focus on early-stage investments, providing crucial seed and growth funding to startups, although...

    With Over $10M in Funding, Tunisia’s Wattnow Aims to Use AI for Real-Time Energy Monitoring

    Wattnow is strategically positioned to capitalize on this expansion, particularly in its primary markets in Europe and the Middle East and Africa (MEA), where the market size was estimated at $11.77 billion and $1.68 billion, respectively.

    From Courtroom to Boardroom: The Rise of Lawyer-Led Tech Startups in Africa

    The intersection of law and technology is becoming a vibrant area for innovation in Africa.

    The Two Proven Paths African Founders Mostly Follow to Find Co-Founders

    “This approach makes the journey of building a new business much more enjoyable.” Sumarie Greybe says.

    The African Startup Playbook: Insider Secrets from Employee-Turned Founders

    Africa's emerging startup ecosystem is a closely connected network of former employees.

    Nigerian Fintechs: Your Cookies Are Next After NDPC’s Landmark Fine

    Recently, Meta was fined $220 million for breaching Nigeria’s data protection laws.

    New Vague Crypto Regulations in Ghana Leave Industry in Limbo

    Commercial banks and payment service providers may offer services to VASPs but under strict conditions.

    Latest articles

    Nigerian Fintech Traction Acquired After Recent $6M Funding

    The acquisition of Traction will allow OmniRetail to integrate its merchant POS services into OmniPay, creating a more comprehensive platform for SMEs.

    Ghana’s Aya Data Secures $900,000 Seed Round to Scale AI Solutions

    Aya Data’s edge lies in its control of the entire process locally, which the company argues improves both efficiency and quality.

    Kenya’s FarmWorks Secures New Funding to Expand Agricultural Support for Smallholder Farmers

    “We focus heavily on operational efficiency,” Li explained, highlighting that even factors like fuel consumption per truck kilometer are carefully monitored.

    Will JPMorgan Chase’s African Regional Offices Assist African Startup Banking Needs?

    African startups have also faced varying treatment when banking with global institutions.