According to The Financial Times’ annual list of Africa’s fastest-growing companies, PalmPay has become the continent’s quickest-growing fintech. Established in Lagos in 2017, this digital finance platform reported a revenue of $63.9 million in 2023 and has increased its workforce to over 1,000 employees.
GDP, or “Gross Domestic Product,” represents the total monetary value of all goods and services produced within a country over a specific year. A higher GDP signifies that the nation is economically robust and experiencing stable growth. As of 2025, India is ranked as the
HyperionDev, a South African-headquartered tech education provider, has announced raising R95 million (5 million), bringing its total growth investment to R595 million ($31.1 million). The edtech platform has yet to disclose the investors who participated in the latest funding round, however, it stated that the total investment
Releaf, a Nigerian agritech startup that supplies ingredients to consumer goods manufacturers and their food factories, has raised $3.3 million in a pre-Series A funding round. The funding round was led by Samurai Incubate Africa, who re-invested after leading Releaf’s seed round, with participation from
Digital revolution has seen the number of startup increase in Africa. This has created lucrative tech job opportunities in Africa. On the continent, we’ve seen the rise of unicorns like Interswitch, Flutterwave and Jumia. If you’ve got a passion for the industry, we’ll look at
Africa is one of the poorest continents in the world. However, African entrepreneurs have been tenacious and persistent to the very core in building startups that offer highly unique services. There has been an amazing wave of innovation in the industry with startups like Chipper,
The importation business in Nigeria is lucrative because many products in the country are imported. Even the simplest of items such as toothpicks and candles are still imported into Nigeria. Nigeria imported items worth a total of $55.4 billion in 2020. Although there was a significant
Nigerian prop-tech startup Spleet has closed a US$2.6 million seed round to scale its residential rent focused products. Founded by Tola Adesanmi in 2018 from the need to find rentals with flexible payment options in Lagos as opposed to the usual one or two year
The MBA is the world’s most popular graduate degree program. If you have a plan to pursue MBA in 2023 then apply for the MBA Scholarships for International Students 2023. MBA stands for Master of Business Administration. The MBA Scholarships are offered by many universities and many Scholarships
As a business owner, you will agree with me that there is nothing more terrifying to a company than losing customers. Investing in a business and having people tell you they have gone with one of your competitor’s brands or products is not an easy