Nigeria

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…

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…

Nigerian real estate firm Landwey acquires 25% stake in proptech platform Vistafront

Nigerian real estate investment firm Landwey has acquired a 25% stake in Lagos-based proptech platform Vistafront. Vistafront’s LinkedIn profile states that it was founded…

Lagos based startups to get access to more support with launch of second Seedspace

Swiss-based emerging markets startup competition Seedstars has announced that it will next month open a second Seedspace co-working hub in Lagos, in partnership with Nigerian…

Nigerian Edmund Olotu’s TechAdvance raises $1m from Bahrain investor

Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from Bahrain’s Lamar Holding. TechAdvance was founded in 2009 by CEO Edmund Olotu (pictured above) and…

Could Nigeria’s Playfre have figured out a music streaming model that works in Africa?

Leading streaming services around the world generate revenue by selling premium streaming subscriptions to their users. These platforms in turn pay artists royalties according to…

EY, Open Banking Nigeria to develop standard API for country’s fintech sector

Global professional services firm Ernst & Young (EY) has partnered with Open Banking Nigeria to develop a standard Application Programming Interface (API) for the…

Everything you need to know about West African startup landscape [2019 Update]

Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or…

Nigeria’s Gokada raises $5.3m Series-A round led by Rise Capital

On-demand motorcyle ride-hailing startup Gokada has announced that it has raised a $5.3-million Series-A round led by San Francisco-based Rise Capital. The Lagos-based startup…

Productivity On A Large Screen

Everlytic Launches Cutting-Edge AI Studio with WhatsApp Chatbots for Smarter Communication

Everlytic’s new API Communicator feature enhances customer engagement across multiple channels

Savant Launches Savant Build Cohort 3 to Accelerate Deep-Tech Innovation in the Green Economy

Simplicity at scale: The role of leadership in agile transformation

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

Nio Firefly brings Galaxy design to compact EVs

Google Cast and other Christmas goodies for Rivian

GM switches-off Cruise control on $10bn robotaxi project