Nigeria’s startup scene is bustling, with 481 active startups as of August 2022, per Disrupt Africa. Amid this lively environment, a heartening trend is emerging: successful founders are taking on new roles as mentors and backers. These pioneers, having navigated their own startup journeys, are
Apple is the first publicly traded company to close a trading day with a $3 trillion market value. The company’s shares climbed about 2.31% on Friday to a new high. The tech giant first reached a $3 trillion market cap back in January 2022, but failed
2023 will be a tough year for fundraising, and I can speak from experience. In November 2022, we raised a $33m Series A from Radical Ventures and Temasek — and it was no walk in the park. We had lots of investors drop out, as
Jetstream Africa, a Ghanaian technology company operating in the logistics sector, has raised $13 million in equity and debt-funded pre-Series A. The equity round saw participation from French development institution PROPARCO through the Digital Africa Bridge Fund; ASC VC, a venture fund founded by executives
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
In May 2022, Y Combinator reached out to the founders in its network to warn them of the possible consequences of the global venture capital slowdown. The accelerator had warned that investors were likely to slow down their investment activities. While that has held true
Lawmakers in the European Parliament plenary voted to authorize that new vehicles and vans should be zero emissions from 2035 as part of efforts to clean up road transport. The lawmakers backed the final report on revised vehicle Co2 emission standards legislation with 339 in
In the past 10 years or so, crowdfunding and peer-to-peer (P2P) lending have become trendy ways to fund your small business. But while both crowdfunding and peer-to-peer lending involve other people giving you money, they have some big differences―like the way you get that money
African countries have tremendous economic potentials, with rewarding opportunities for investors and partners. Are you looking for the best African countries to invest in to foster economic growth and earn returns on investments? Consider the following countries highlighted below. These countries have the highest Gross
What are the best agricultural business ideas to start in Nigeria in 2019? The Agricultural sector contributes just a little over 20% to the overall GDP of the country even though it can be much more. The agricultural sector is one of the most flourishing