Tag "Nigeria"

Did African startups raise $496M, $1B or $2B in 2019?

March 5, 2020 0

Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which

Did African startups raise $496M, $1B or $2B in 2019?

March 5, 2020 0

Five years ago, it was hard to come by any formal numbers for annual VC investment in Africa. These days the challenge is choosing which

South African fintech startup Jumo raises second $50M+ VC round

February 27, 2020 0

South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in

These specialized Africa VC funds are welcoming co-investors

February 20, 2020 0

For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in

The Station: Lucid Motors spy shot and the birth of an AV startup

February 18, 2020 0

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday

African crowdsolving startup Zindi scales 10,000 data scientists

February 18, 2020 0

Cape Town based startup Zindi has registered 10,000 data-scientists on its platform that uses AI and machine learning to crowdsolve complex problems in Africa. Founded

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

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