The majority of startup investments in Nigeria are centered in Lagos, the country’s main commercial hub. However, investors appear to be increasing trust in Nigeria’s other...
SoftBank Vision Fund 2 led a $400 million funding round for OPay, valuing the Nigerian mobile payments platform at $2 billion and marking the investment vehicle’s...
JP Morgan, an American multinational investment bank and financial services holding company headquartered in New York City, has launched a $20 million fund for black-owned businesses...
Africa presents a $2.1 trillion consumer spending market for businesses seeking to explore new opportunities for their products and services. Enabling businesses to enter the continent...
MVX, a Nigerian digital freight booking and management platform announced its $1.3 million seed round to bolster operations activities. Tonye Membere-Otaji thought about the idea for...
Bolt, the ride-hailing and micro-mobility firm, has raised €600 million in a round that pushes its valuation to over €4 billion. Sequoia Capital has backed the...
Nigerian fintech startup, Kuda Bank, has raised $55 million in a Series B investment round at a valuation of $500 million. This comes after a recent...
Paxos – a provider of blockchain infrastructure – said Bank of America, crypto exchange FTX, Founders Fund and Coinbase Ventures were among a heavyweight list of...
PayQin, a cross-border payment startup that operates a comprehensive e-wallet service for the underbanked in West Africa, is announcing a new €300,000 seed investment round that...
Seplat Energy Plc, a leading Nigerian independent oil company listed on both Nigerian Exchange Limited and the London Stock Exchange, announced that its wholly-owned subsidiary, Westport...
