Minister Identifies 6,000 Nigerian AI Researchers Worldwide
In a move towards positioning Nigeria as a global leader in Artificial Intelligence (AI). The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, revealed that the Ministry has identified over 6,000 Artificial Intelligence researchers of Nigerian descent across the globe. The announcement came during the Zenith Bank Tech
Top 5 most funded Nigerian startups in 2023
Nigerian startups have become a force to reckon with as they continue to churn out innovative solutions that attract the attention of investors. And with each investment yielding as much as expected returns. Doors are being opened for more funding for both the old and new innovators. This was why
The most funded African startups in 2023
As technology continues to be a major driver of change in the modern world, Africa continues to attract a part of the global venture capital used to drive this change. Though the numbers didn’t match the peak levels of 2021, which can be attributed to the global economic downturn, African
Seed vs Pre-Seed: What are the Key Differences
The terms “seed” and “pre-seed” often leave many entrepreneurs puzzled about their differences. So, understanding the differences between seed and pre-seed funding is important for an aspiring entrepreneur like you. In this article, we’ll delve into the depths of seed and pre-seed funding. Demystifying their dissimilarities and shedding light on
South African Fintech, Payment24 Acquires Swiss Firm Inergy 24
South Africa’s Payment24, a global payments platform provider specializing in payment and loyalty solutions, has acquired Switzerland-headquartered Inergy 24 to accelerate its expansion in Europe. Payment24 began life as a digital fuel management solutions and telematics platform but has expanded to become a global platform developer specializing in payment and
Kenyan fish platform, Aquarech, raises $1.7 million to support additional technology vertical integration
Kenyan fish platform, Aquarech, raises $1.7 million to support additional technology vertical integration Kenya’s demand for fish is on the rise due to the country’s expanding population, rising disposable incomes, and growing knowledge of the health benefits of fish. Consequently, Dave Okech, James Odede, and Joseph Okoth founded Aquarech in
200 Pre-seed Funding Companies That Can Fund Your Startup
In this blog post, you’re going to learn the role pre-seed funding companies play in nurturing your early-stage startup. Let’s jump into it. What is Pre-seed Funding Launching your startup requires more than just an idea; it needs the necessary capital to kickstart your venture. However, securing funding at the
Telkom looking to sell its tower business amidst 46.7% surge in half-year profit
Telkom, South Africa’s third-largest telecom company, is currently in exclusive negotiations with a consortium of equity investors, including a Black Economic Empowerment partner, for the potential sale of its masts and towers business, Swiftnet. Telkom, looking to unlock value in this segment, sees the move as essential, considering its undervaluation
Aduna Capital launches $20 million fund to invest in Northern Nigeria and female founders
Nigerian venture capital firm, Aduna Capital has today announced the launch of a $20 million fund. The fund will invest 55.5% of its capital in startups in Northern Nigeria, with the rest split between other regions of the country and Africa. The fund also aims to get 50% female representation
Jetstream, Ghana’s leading e-logistics startup is betting on its export loan business for growth
Jetstream Africa, a four-year-old logistics company, aspires to be more than just a freight forwarder. In addition to its core business, the company aims to serve as a one-stop shop, offering elusive export loans to small exporters facing financial constraints in fulfilling international orders. Miishe Addy, the CEO and co-founder,
