Community

Updates from The Beta Collective Community by Priscilla

Invitation to Startup Law 101: African Founder Edition

If you're building a startup, getting your legal foundations right early on can save you from major headaches later. That’s why we’re hosting Startup Law 101: African Founder Edition—a practical, jargon-free session to help you understand the legal side of starting and scaling your venture. Join The Beta Collective's community session, as we walk through the essentials every African founder should know.

Event Details:

📅 Date: Wednesday, April 30, 2025
⏱️ Time: 11:30 AM – 12:30 PM CT | 5:30 PM – 6:30 PM WAT
📍 Location: Google Meet
🎤 Speaker: Habib Akinpelu – Startup Legal Expert

Why You Can’t Miss This Session

✅ Lay the right legal groundwork for your business
✅ Avoid costly mistakes around equity, contracts, and compliance
✅ Protect what you’re building—your IP, your team, your vision
✅ Understand what investors look for in your legal setup
✅ Get your burning questions answered in a live Q&A

This is your moment to build smarter.

📅 Mark your calendar, and don’t miss this opportunity to gain legal clarity, avoid missteps, and connect with like-minded founders across Africa and the diaspora!

Ecosystem

News, Events, and Updates by Jesse

News

Equinix Commits $140M to Decentralize Nigeria’s Digital Backbone

Equinix, the global digital infrastructure powerhouse, is set to invest $140 million over the next two years to bolster Southern Nigeria’s digital landscape. This strategic move includes constructing a new data center in Port Harcourt and expanding its third Lagos-based facility, LG3.

The upcoming Port Harcourt data center, PR1, is poised to become a pivotal landing point for Meta’s 2Africa submarine cable, significantly enhancing bandwidth capacity in the region. This development aims to reduce the current over-reliance on Lagos, where approximately 70% of Nigeria’s subsea cable landings and data infrastructure are concentrated.

This initiative follows Equinix’s 2022 acquisition of MainOne for $320 million, marking its commitment to expanding digital infrastructure across Nigeria. By decentralizing internet capacity, Equinix is addressing the digital divide and paving the way for enhanced connectivity and economic growth in Southern Nigeria.

Why founders should care: For startups and tech enterprises, this investment translates to improved internet reliability, reduced latency, and greater access to cloud services. It’s a significant step toward leveling the digital playing field across Nigeria.

Stitch Raises $50M to Scale Payment Infrastructure Across Africa

Stitch, a South African fintech startup simplifying payments for businesses, just closed a $50 million Series B round — bringing their total raise to $107 million since launch. Backed by big names like PayPal Ventures, Flourish, and Ribbit Capital, this fresh capital will help Stitch scale its in-person and online payment solutions across the continent.

They’re not slowing down: Stitch is moving into the acquiring space, pushing its new checkout product “Express” for e-commerce platforms, and deepening its reach into South Africa’s enterprise scene with clients like MTN, Takealot, and Standard Bank.

Why founders should care: If you’re building anything that touches payments, Stitch is fast becoming one of the key infrastructure players to watch — or potentially partner with.

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