Nigeria’s Economic and Financial Crimes Commission (EFCC) has taken Dr. Olumide “D.O” Olusanya, the founder of Kloud Commerce, into custody, according to sources. The EFCC officers...
Technology-driven company that provides hassle-free last-mile logistics services to businesses and individuals across Africa, Fez Delivery has raised $1 million in a seed round to deepen...
Entrepreneurs trained and funded by the Tony Elumelu Foundation (TEF) have generated a combined $2.3 billion in revenue in the last 8 years, according to the...
The African Development Bank (AFDB) and its partners have launched a $618 million investment in the Digital and Creative Enterprises (iDiCE) program to support Nigeria’s digital...
American technology startup accelerator Y combinator has announced plans to scale down on late-stage investments as it reveals plans to realign its priorities to focus more...
VC companies like the Y combinator accelerator which help African Tech startups raise funds were reported to be affected, as 30 percent of their portfolio companies...
The federal government of Nigeria has officially inaugurated the startup act implementation committee to support the development of the nation’s innovative ecosystem. The 27-man committee was...
Africa’s Business Heroes competition (ABH), a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba philanthropy has opened applications for entrepreneurs in Africa to apply....
Google has recently announced that the application process for the Google for Startups Black Founders Fund 2023 is now open for Black founders across the African...
Africa’s insurance infrastructure provider, Curacel has raised $3 million in seed funding to expand venture. The seed funding round was led by top executives from Covergenius,...