Nigeria

From Nigeria to UK, businesses ‘go local in Africa’ with Kora

Moving money within Africa could, in the future, be as easy as making a phone call, says Gideon Orovwiroro, chief operating officer of Kora,…

Nigeria’s Kwik secures $2M in Series A funding round

French-Nigerian B2B startup Kwik, a provider of SaaS logistics services to social vendors and e-commerce platforms in Africa, has successfully closed its $2 million…

Nigerian agritech, ThriveAgric, raises $56.4M

Nigerian based ThriveAgric, a fast-growing technology-driven agricultural company, has raised $56.4M in debt funding from local commercial banks and institutional investors. The raise also…

Nigeria’s TradeDepot Acquires Ghanaian competitor Green Lion

TradeDepot, the Nigerian B2B eCommerce platform that connects micro-retailers with distributors and manufacturers of fast moving consumer goods (FMCGs), has its Ghanaian competitor, Green…

Nigerian healthtech startup, Reliance Health, raises $40M in Series B

Reliance Health, an emerging markets-focused digital healthcare provider, has completed a $40M (R622 426 000,00) Series B funding round led by General Atlantic, a…

AFEX opens second round of funding series to strengthen Nigeria’s agriculture sector

AFEX has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP) to help stabilise Nigeria’s agriculture sector by offering Agro-processors low-cost financing to…

Periculum launches in Nigeria to build credit assessment infrastructure

Canadian fintech startup and credit assessment company, Periculum, has launched in Nigeria to tackle the challenge of domestic credit in underserved markets. The company…

Vendease raises $3.2m to transform Africa’s restaurant supply chain

Nigerian-based AgriFood-tech start-up Vendease delivered approximately 100 000 tons of food to restaurants in September 2021, hitting a $12.9 million transaction volume. The recently…

Endeavor Nigeria unveils cohort for ScaleUp programme

Endeavor Nigeria has announced the selected entrepreneurs who will participate in its new ten-week Endeavour ScaleUp programme which aims to support the country’s high-impact business…

Nigerian startup Sabi reaches 150 000 small businesses, $1.2 billion in sales

Lagos-based startup Sabi has announced it has hit the milestone of over 150 000 small business users on its marketplace platform. Developed and operated…

Moove raises $23 million in Series A funding round

Sub-Saharan mobility and vehicle finance company Moove has announced it has raised $23 million (R341 million) in a Series A funding round. The latest…

African money gateway Paystack launches in South Africa

Nigerian fintech startup Paystack, a company that provides various payment gateways for businesses, has announced the launch of its offering in South Africa. The…

Nigerian fintech launched to help gig economy workers

A recently launched fintech based in Nigeria and Kenya aims to provide financial services specifically to temporary and freelance workers (gig workers). The startup, ImaliPay,…

Finalists selected for FCMB Agritech incubator pitch program

Six argitech startups have been selected as the finalists for the FCMB Argitech Epic Pitch program for 2020. Hosted and facilitated by First City…

Music streaming platform, Audiomack expands to Nigeria

Global free music streaming platform, Audiomack recently announced its expansion to Nigeria, specifically in Lagos. Audiomack expands to Nigeria To this effect, three Nigerians…

Nigerian fintech startups may soon need regulatory approval to launch new products

The Central Bank of Nigeria (CBN) has released a new framework for regulatory sandbox operations in Nigeria which seeks to provide regulatory oversight for…

UK government’s Go Global Africa programme opens call for applications

Go Global Africa, a scheme run by the UK’s Department for Digital, Culture, Media and Sport through its International Tech Hub Network is calling…

Polish businessman’s tales of fear and loathing in Nigeria [Book review]

Chasing Black Unicorns: How Building the Amazon of Africa put me on Interpol’s most wanted list by controversial Polish entrepreneur Marek Zmyslowski, is a thrilling…

Meet the young entrepreneur behind Vmedkit, the Nigerian startup backed by Facebook

At just 22 years old, Nigerian Emmanuel Okon is one of a few African innovators who’s founded a startup that’s gone on to get…

Nigerian edtech startup uLesson closes over $3m seed round led by TLcom Capital

Nigerian edtech learning platform uLesson has closed a $3.1-million seed round led by London headquartered TLcom Capital. The startup was launched earlier this year…

Nigeria’s Lidya set on being biggest non-bank lender to SMEs with Polish, Czech expansion

Nigerian fintech startup Lidya is on a drive to become the world’s biggest non-bank lender to small and medium-sized enterprises (SMEs) in the world. “The…

TechCabal’s Friday townhall event to focus on transport, logistics tech in Africa

Are you in Nigeria this week? Want to know more about Africa’s mobility sector, the challenges it is facing and what the future holds?…

Nigeria’s Itanna accelerator to invest total of $120k in four startups from second cohort

Lagos-based accelerator Itanna will invest $30 000 in each of the four startups currently participating in its second cohort, the accelerator’s head of investments…

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WATCH: Three times Samsung mocked Apple on innovation

How to optimize TikTok SEO strategy with the right keywords, hashtags

Baobab invests $200k in 4 new African start-ups

Women-only hackathon to solve ‘financial services woes’

‘Explore low code to enable and empower start-up teams’

Samsung’s S22 ultra: Zoom in so close you can whisper to the referee

Vivo launches V25e, a vlogger’s dream

Vivo launches the V25 5G with colour changing back

Review: Land Rover Defender 90 D300X

Review: Mazda CX-5 DE Akera

EQC 400 4Matic is SA’s first battery-powered Mercedes