A fresh report has revealed that funding for startups in Africa reduced by 32 percent from January to November 2024 when compared to the equivalent period...
Funding to African startups contracted to $780 million in the first half of 2024 from the $1.8 billion recorded during the same period in 2023. Despite...
Google is leading a $250 million funding round for Glance, a mobile content provider. This infusion of capital aims to expand Glance’s reach and solidify its...
The Nigerian business community was rocked by tragedy as Nick Imudia, former CEO of e-commerce giant Konga and current CEO of solar energy solutions innovator D.light,...
Tyrese Haspil, the former executive assistant of Fahim Saleh, CEO of Gokada, has been found guilty of first-degree murder and multiple counts of embezzlement. The verdict,...
Madica, a structured investment program dedicated to nurturing pre-seed stage startups in Africa, has announced its inaugural investments in three innovative ventures. Each of these startups...
Despite challenges in the global economy and a slowdown in funding across Africa, Nigerian startups have demonstrated resilience by securing $160 million in funding during the...