Exits and shutdowns in Africa's startup space

Techpoint Africa Podcast

This episode is also available on YouTube - https://youtu.be/RqU07fhRkoQ

On this week's Techpoint Africa Podcast, our reporters discuss an acquisition, a shut down, and other happenings in Africa's tech space.

The stories:

• Risevest acquires Chaka
• 54gene to shut down
• Nigeria to boost startup listings on NGX
• Sendy appoints administrator

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Timestamps

00:00 - Intro

05:33 - Risevest acquires Chaka
17:40 - 54gene to shut down
31:05 - Startups on NGX
36:49 - Sendy enters administration

Useful links

• Risevest acquires Chaka
• After raising $45m in two years, 54gene is shutting down
• Nigeria to boost startup listings
• Logistics startup Sendy enters into administration after failing to find a buyer
• Logistics startup Sendy appoints Peter Kahi of PKF Consulting as administrator
• MultiChoice loses $1.7b in six months
• Threads users will be able to delete their accounts without losing Instagram by December
• $4bn investment in Anthropic: Amazon playing catch up with Microsoft & Google in AI race

This episode was produced by Ogheneruemu Oneyibo

Email us your feedback at [e-mail]. Visit www.techpoint.africa/ for more stories.

Music - Beach by MBB - https://www.youtube.com/watch?v=dEnQ8dHwDSk