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Just in time for VidCon, TikTok has a new most-followed creator on the platform: Khaby Lame, a 22-year-old from Senegal who rose to fame by stitching and dueting other TikToks, wordlessly fixing viral “life hacks” that didn’t initially work. As of yesterday, Khaby Lame has 142.7 f…

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Snap will pay 25 Black creators $120k in a new accelerator program

On stage at VidCon, Snap announced its first accelerator program for emerging Black creators. Over the course of a year, Snap will pay 25 selected applicants $10,000 a month ($120,000 total) to help launch their careers, marking a $3 million total investment. This program is part of Snap’s 52…

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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

Yahya Bouhlel started coding in his early teens. Within this timeline, he interned at several companies in Palo Alto, California. Most of his work revolved around building apps and iPhone games. When he came home to Tunis, he met many students who wanted to build products like him each summer. And …

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Betastore gets $2.5M to solve stock-outs, financing challenges for informal retailers in West and Central Africa

Betastore eyes Ghana, the DRC and Cameroon markets after raising $2.5 million in pre-series A funding from 500 Global, VestedWorld, and Loyal VC.

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Norebase raises $1M to allow companies start, scale, and operate in any African country

Norebase allows founders and businesses to start and scale across a number of African countries.

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Sokowatch rebrands to Wasoko as it raises $125M Series B from Tiger Global and Avenir

Informal retail is king in Africa, with hundreds of billions of dollars of consumer goods sold through its channels yearly. Yet its industry remains highly fragmented as shop owners and kiosks still have issues around access to capital and getting goods regularly and on time from suppliers and dist…

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The latest list of YC-backed companies worth over $150M is the most geographically diverse yet

In 2018, Y Combinator released its first mega list of the top companies valued at $150 million or more that have gone through the accelerator. Over the past four years, it’s updated the list to reflect the current status of its most valued companies. Valuation isn’t the best way to measure a startu…

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Game studios come together to grow industry in Africa

Ten game development studios in Africa have come together under one umbrella, the Pan Africa Gaming Group (PAGG), in an effort to unify the continent’s gaming sector, which is currently fragmented. The association is further envisioned to drive the uptake of gaming in the continent, and grow develo…

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Reports say African startups raised record-smashing $4.3B to $5B in 2021

Last year was record-breaking for African startups. I know I’m probably starting to sound like a broken record, but the astronomical growth is worth highlighting again and again. In this piece, I spotlighted what influenced this venture capital growth — which, at the time, was pegged at a lit…

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YC makes a Product Hunt, Product Hunt makes an a16z, a16z makes a YC

Tech innovation is a cycle, especially in the main character-driven world of early-stage venture capital and copycat nature of startups.

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When do layoffs matter? Trick question — always

Equity is the TechCrunch podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

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