• Thu, February 13, 2025

by: citizen

Why are African start-up exits scarce and how can founders better prepare?

by: Yahoo

WEATHER AWARE for Heavy Rain and Severe Storms Tonight - CBS 42 News at 4 pm Weather Update

Chief Meteorologist Dave Nussbaum says to be Weather Aware Tonight for a threat of heavy rain, flooding, damaging winds, and a few tornadoes. We will dry out and cool down Thursday and Friday. Need to be Weather Aware Saturday for another round of severe storms.

by: decrypt

Riot Taps Advisors to Explore AI Partnerships as Bitcoin Miners Eye New Revenue Streams

With declining Bitcoin mining revenue and rising difficulty, companies like Riot are seeking new revenue streams.

by: Indiatimes

Top 20 richest families in Asia 2025: Mukesh Ambani leads; followed by key Indian and Asian business empires

Mukesh Ambani, CEO of Reliance Industries, leads Bloomberg's list of the Top 20 Richest Families in Asia 2025, showcasing dominance in diverse industr

by: SiliconANGLE

SAP announces Databricks partnership to power AI with Business Data Cloud

The company also announced a partnership with enterprise data processing and AI company Databricks Inc. The collaboration natively embeds Databrick's technology for data engineering, machine learning and AI workloads into SAP's cloud solution.

by: Impacts

What Does a Finance Broker Do? An Expert Guide for 2025

Finance brokers handle an impressive 55.7% of all residential mortgage business in Australia, and with good reason too. More people are turning to these financial intermediaries as they learn about what finance brokers can do for their lending needs.

by: ProPublica

How a Risky State Investment in Seafood Cost Alaskans Millions and Left a Fishing Town in Crisis

Leaders of the Alaska Permanent Fund, which pays residents dividends and finances public services, wanted to invest in Alaska firms. There were warning signs ahead of the bet on Peter Pan Seafood, which is expected to cost Alaskans over $29 million.

by: TheStreet

Black History Month Roundtable: Financial Equity & Racial Equity

The wealth gap has been increasing since 1992. By 2022, Black households held only $15 of wealth for every $100 held by white households.

by: Investopedia

The IRS Is Watching: 5 Red Flags That Could Trigger an Audit

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.

by: LancasterOnline

Lampeter-Strasburg School District will see $1.2M surplus this year

When: Lampeter-Strasburg school board finance committee meeting, Feb. 10. What happened: Administrators are predicting the district will have a $1.2-million surplus for the 2024-25 school year, Amanda Allison, assistant business manager, told the board.

by: Investopedia

What Is Personal Finance, and Why Is It Important?

It's also about understanding that the principles that contribute to success in business and your career work just as well in personal money management. Three key skills are finance ...

by: Indiatimes

Indian student admissions in Canada are affected by geopolitics and government relations, says dean of Alberta School of Business Vikas Mehrotra

Q: A lot has changed in the world since you became the dean; how is the B-school adapting to the new realities globally?

by: Reuters

Walmart in Mexico posts 1.4% bump in fourth-quarter profit

Walmart's Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit on Thursday, coming in at 15.2 billion pesos.

by: Forbes

Margins Critical To Food-And-Beverage Startups

And survivors don't have much room for error since after-tax operating margins among food processors run about 10%, according to a study by the NYU Stern School of Business. That ranks food manufacturing 63 among the 95 industries tracked by the NYU researchers.

by: Forbes

Don't Mistake Activity For Progress: Lessons For Startups And Beyond

In the end, the genius behind "Don't mistake activity for progress" is a reminder to focus on what truly matters. Whether it's building a startup, leading a team or chasing personal goals, the principle remains the same: Be deliberate, prioritize outcomes, and celebrate meaningful progress.

by: Reuters

BAT hopeful Trump administration can take on illicit vapes, CEO says

British American Tobacco is optimistic U.S. President Donald Trump's new administration can tackle a vast market for illegal vapes in the United States, Chief Executive Tadeu Marocco said on Thursday.

by: Reuters

USAID environmental funding worth $70 mln frozen in Colombia, minister says

Funding worth $70 million for environment and conservation projects from the U.S. Agency for International Development (USAID) have been frozen in Colombia after President Donald Trump moved to gut the organization,

by: Forbes

Is 2025 The Year Banking Solves The Customer Experience Conundrum?

Banks can combine their natural advantages—core banking products and long-established brands—with cutting-edge customer experience.

by: Forbes

Forecasting Accuracy: Overcoming A Major Sales Industry Hurdle

As businesses navigate increasingly complex economic pressures, the demand for more reliable and sophisticated sales forecasting methods has only grown in importance.

by: Reuters

Nutella maker Ferrero reports 8.9% increase in revenues

Ferrero, the maker of the Nutella hazelnut spread, reported on Thursday an 8.9% increase in turnover in the financial year ending on August 31, to 18.4 billion euros ($19.2 billion), despite volatile commodity prices and inflationary pressures.

by: Reuters

Robinhood shares surge as crypto market frenzy fuels record results

Robinhood shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets.

by: Forbes

Virpy Richter: The Gift Of Diverse Perspectives At The Awin Group

Virpy Richter has served Awin as its CFO. With ShareASale and Commission Factory, Awin's global affiliate platform is powered by 17 offices worldwide, over 1,400 emp

by: Reuters

Unilever to list ice cream business in Amsterdam, London, New York

Unilever said on Thursday it would demerge its ice cream business and list it in Amsterdam, London and New York, as part of its chief executive's plans to trim costs and simplify the group after years of underperformance.

by: MSN

Digital Lending and Entrepreneurship: The Future of Startup Financing

Technological advances have revolutionized every industry - especially the banking world. With the rise of Fintech, more and more businesses are able to leverage significant borrowing opportunities, thanks to the ease and convenience of digital lending.

by: MSN

California is at the center of the country's egg mess. Here's why and what's coming

The price of a dozen eggs has nearly doubled since last year and hit a record high in January. An outbreak of avian influenza in primarily to blame, experts said.

by: Reuters

Unilever to list ice cream business in Amsterdam, London and New York

Unilever said on Thursday its ice cream business will be separated by way of demerger, through listing of the business in Amsterdam, London and New York.

by: Reuters

BNP Paribas and BPCE join forces in payment processing

BNP Paribas PA and BPCE said on Thursday they have finalized an agreement to create Estreem, a new French leader in payment processing, with the ambition to become one of the top three European players in the sector.

by: MSN

Sony Raises Earnings Guidance on Strength in Game, Music Businesses

The Japanese entertainment and electronics company raised its annual earnings projections after its third-quarter net profit rose on strength in its game and music businesses.

by: MSN

Top 10 Attorneys of 2025 - Leading Legal Experts

The legal field is shaped by those who go beyond the courtroom to set new standards of excellence, advocacy, and influence. The Top 10 Attorneys of 2025 showcases the most distinguished legal minds making an impact in their respective fields.

by: Reuters

Robinhood beats profit estimates as post-election trading frenzy lifts volumes

Trading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential election victory.

by: Reuters

Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

by: MSN

Note to the White House: The U.S. Trade Deficit Is Homegrown

If President Trump were truly interested in eliminating the trade deficit, he could easily do so by balancing the federal government's budget.

by: MSN

Is your 401(k) portfolio too conservative? 3 ways to tell

A 401(k) retirement plan remains one of the most popular ways to invest for your golden years, and Americans have put away trillions of dollars in them. Despite this popularity, many workers don't know how to best use the plans,

by: Reuters

Commerzbank to cut 3,900 jobs, mainly in Germany

Commerzbank said on Thursday it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy revamp designed to head off UniCredit's advances for a tie-up between the German and Italian lenders.

by: MSN

Bain Fights Legal Battle Over Decade-Long South African Ban

Bain & Co. is fighting a legal battle against South African finance and tax authorities in a bid to overturn a decade-long ban on doing business with the state after becoming embroiled in a corruption scandal.

by: MSN

Expert offers surprising take on Trump's crypto push

Frank Speiser, CEO, Metafide, joined TheStreet to discuss how this might impact the broader crypto market. Related: Veteran trader warns against MicroStrategy's Bitcoin play CONWAY GITTENS: So part of this new era under Trump,

by: MSN

Unilever picks Amsterdam over London for primary ice cream listing

Ben & Jerry's maker Unilever will spin out its ice cream business and has chosen Amsterdam for its primary listing, it said on Thursday, in a blow to British finance minister Rachel Reeves' efforts to attract IPOs to London.

by: MSN

Income Tax Dept releases FAQs on new Income Tax Bill, 2025: Check details

During the course of numerous amendments to the Income tax Act, 1961, several policy decisions were incorporated as separate provisions. Read below to know more about the Income Tax Bill 2025.

by: MSN

English cricket gets 'seminal moment' as $650M raised by investors including Brady, Boehly and IPL

English cricket has generated around $650 million from the sale of stakes in franchises in The Hundred to big-business investors from India and the United States, including consortiums involving NFL great Tom Brady and Los Angeles Dodgers part-owner Todd Boehly.

by: MSN

OP Jindal Global University Launches Online BBA Program With a Focus on Accessibility and Excellence

O.P. Jindal Global University (JGU), recognized as an Institution of Eminence by the Government of India, and ranked as India's Number 1 Private University by the prestigious QS World University Rankings 2023,

by: MSN

NJ electricity bills leaping by as much as 20%; see what you'll pay and why

You're going to feel a proverbial electric shock when you crack open your electric bill this summer, judging by the results of the state's annual wholesale electricity auction. Monthly electric bills will see increases that range from 17.

by: MSN

?1.95 to ?215: Multibagger penny stock turns ?1 lakh into ?1.10 crore in four years

Dhruva Capital Services share price declined over 5 per cent on Thursday, February 13, hitting intraday low to ₹214.70 per share, against previous close at ₹225.95 on Wednesday.

by: MSN

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

by: MSN

Prime Minister Narendra Modi on US visit, likely to meet Elon Musk

Prime Minister Narendra Modi visits the US for talks with President Donald Trump at the White House. Key topics include trade, strategic defense, and global security. Modi will hold bilateral discussions,

by: MSN

Economists predict 2% GDP growth for South Africa in 2025 amid agricultural recovery

Despite experiencing drought conditions for much of 2024, we expect a rebound in agriculture thanks to improved rainfall patterns across many regions," he said.

by: MSN

Chinese businesses rush to try DeepSeek AI at 'unprecedented' scale

Eight automakers including BYD, at least nine financial securities companies, three state-owned telecommunications operators and smartphone brand Honor are among the many that have rushed to integrate with DeepSeek in the last week.

by: MSN

'Vindicated': Dallas City Council rezones neighborhood that once housed Shingle Mountain

The six-year fight to change city policies that allowed a southern Dallas community to become the dumping ground for roofing debris — infamously known as 'Shingle Mountain' — is over. The Dallas City Council voted 12-1 Wednesday to rezone the neighborhood.

by: MSN

The federal paperwork mine in DOGE's crosshairs is real and bizarre

In the Oval Office on Tuesday, Elon Musk said the government stores and processes retirement paperwork in an old limestone mine. It's real.

Why are African start-up exits scarce and how can founders better prepare?

While large capital has been invested in start-ups in Africa over the past decade or so, it still does not translate into moves by owners and investors to sell their ownership or stock in these companies after they've matured,
The article from Citizen Digital discusses the scarcity of startup exits in Africa and explores the reasons behind this trend as well as strategies for founders to better prepare for successful exits. It highlights that despite a growing number of startups, exits through acquisitions or IPOs remain rare due to several factors including limited market maturity, regulatory challenges, and a lack of exit infrastructure. The piece points out that many African startups struggle with scaling, which is crucial for attracting acquisition interest or going public. To improve their chances, founders are advised to focus on building sustainable business models, understanding the exit landscape, engaging with potential acquirers early, and ensuring they have robust financials and governance structures. Additionally, the article suggests that fostering a more developed ecosystem with better access to capital, mentorship, and networks could significantly enhance the exit environment for African startups.

Read the Full citizen Article at:
https://citizen.digital/tech/why-are-african-start-up-exits-scarce-and-how-can-founders-better-prepare-n357540

Like: 👍