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

TechCrunch

In an interview with TechCrunch, CEO Onayemi, a lawyer by profession, said the idea for Norebase came after various conversations on how his clients and colleagues in tech could leverage AfCFTA for their businesses. It allows founders and businesses to start and scale across several African countries at once or periodically.

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How African startups raised investments in 2020

TechCrunch

According to Dario Giuliani , the firm’s director, the research organisation avoided using geography to define an African startup due to factors contributing to business identities like taxation, customers, IP, and management team. Mauritius-headquartered companies received $110 million while African startups headquartered in the U.K.

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Dispute between founders and board leaves Capiter in arrears to employees and creditors

TechCrunch

But various sources say the company’s issues were more inward than outward, as they described Capiter as a workplace with poor management, no structure and a business with a high burn rate. the holding company initially based in Mauritius and now in Abu Dhabi. In contrast, Capiter Egypt has only two board members: the Nouh brothers.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

April 25, 2023 OpenAI previews new subscription tier, ChatGPT Business Called ChatGPT Business, OpenAI describes the forthcoming offering as “for professionals who need more control over their data as well as enterprises seeking to manage their end users.” We plan to make ChatGPT Business available in the coming months.”

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