TechCabal reached one million monthly web users in October, and Eskom, the South African power generation company, has recorded losses of $1.2 billion for the 2022/2023 financial year, doubling the losses of the previous year. LastPass reported an additional $4.4 million loss due to a data breach in August 2022. Also, Maisha Meds has secured $5.25 million from USAID to expand malaria care across Africa, and Star News Mobile has raised $3 million in a pre-Series A funding round involving French footballers to support African creators.
Wall Street’s Leaders and Laggards of 2024
2024 was a mixed year for biopharma stocks, with the iShares Biotechnology ETF and SPDR S&P Biotech ETF experiencing small decreases. Federal Reserve decisions caused