Google has joined a $90 million equity investment round in Cassava Technologies, signaling a significant step in supporting Africa’s digital infrastructure. The funding round also includes contributions from the US International Development Finance Corporation (DFC) and Finnish development firm Finnfund, among others. Bolstering Africa’s Connectivity This investment aligns with Google’s broader efforts in Africa, including the Equiano subsea cable and the new Umoja fiber-optic cable connecting Africa and Australia. Cassava has already established itself as a leader in Africa’s tech ecosystem, offering solutions in data centers, cloud services, and renewable
In recent years, the African tech startup ecosystem has seen steps towards greater gender diversity a new report has found. The report by Disrupt Africa, in partnership with the Africa-focused pre-seed investment program Madica, reveals these advancements while underscoring the need for more substantial efforts to achieve gender parity. Slow but Steady Progress Disrupt Africa’s latest publication, the 24th report and second edition of “Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem,” offers an analysis of gender diversity among African startups. This report includes both quantitative and qualitative
