Nigeria

After VCs spend millions Nigeria restricts ride-hail motorbike taxis

February 12, 2020 0

Nigeria’s commercial hub of Lagos has shaken up its transportation order. At the center are the West African country’s motorcycle taxis — referred to locally

TLcom Capital closes $71M Africa fund with plans to back 12 startups

February 5, 2020 0

VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next

Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises — Fluterwave $35M, Sendy $20M

February 4, 2020 0

The first month of the new-year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from

Nigeria is becoming Africa’s unofficial tech capital

February 3, 2020 0

Africa has one of the world’s fastest growing tech markets and Nigeria is becoming its unofficial capital. While the West African nation is commonly associated

Trump to halt immigration from Africa’s top tech hub, Nigeria

February 1, 2020 0

The Trump administration announced Friday it would halt immigration from Nigeria — Africa’s most populous nation with the continent’s largest economy and leading tech sector.

Kenyan logistics startup Sendy raises $20M round backed by Toyota

January 29, 2020 0

Africa’s logistics startup space has gained another multi-million dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to

Trump’s travel ban could extend to Africa’s top tech country, Nigeria

January 28, 2020 0

The Trump administration is poised to add several African countries to a U.S. travel ban list, including Africa’s top tech hub, Nigeria. Politico first reported

Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in

January 23, 2020 0

Internet services company Opera has come under a short-sell assault based on allegations of predatory lending practices by its fintech products in Africa. Hindenburg Research

Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion

January 22, 2020 0

Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The

Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

January 20, 2020 0

The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia,

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