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News - West Africa
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LoftyInc Capital, a Pan-African Venture Capital firm, has launched its third fund, valued at $10 million, for African tech startups
LoftyInc Capital, a pan-African venture capital firm, announced today the launch of its third fund, LoftyInc Afropreneurs Fund 3, with...
Read moreMTN Ghana plans to launch 5G next year in the country
MTN will be the first operator in the region to introduce 5G if it succeeds to launch ahead of other...
Read morePlentywaka Acquires Stabus Ghana After securing $1.2 Million in seed funding
Plentywaka, a Toronto-based shared mobility startup that offers hassle-free on-demand shared rides, has announced the full acquisition of Stabus, one...
Read moreTwo Nigerian students develop an app to combat kidnapping in Nigeria
After presenting a business idea for an app that could combat kidnapping and abduction in schools, two Nigerian students, Chioma...
Read moreAlerzo, a Nigerian e-commerce retail startup, has raised $10.5 million in a Series A round of funding
Alerzo, a B2B e-commerce retail firm located in Nigeria, has raised $10.5 million in a Series A round led by...
Read moreThe Central Bank of Nigeria has placed a six-month freeze on the bank accounts of six fintech companies, accusing them of breaching forex regulations
Nigerians are conducting trade online through various online investment and trading platforms, and the Federal High Court in Abuja has...
Read moreTizeti announces a $5 million fund for African startup ISPs and launches NeXTGEN connectivity solutions
Tizeti, West Africa's pioneer solar-based internet and voice service provider, has unveiled new connection services to help more Africans to...
Read moreZowasel, a Nigerian agritech startup, has received $100,000 in funding from Guinness and Promasidor.
At the UN World Food Programme Zero Hunger Sprint, Nigerian agri-tech firm Zowasel received US$100,000 in funding from Guinness Nigeria...
Read moreCapitalSage, a fintech company, has raised $4 million to accelerate its expansion plans
CapitalSage Technology Limited, a Nigerian fintech business, has secured $4 million (N2.2 billion) in a Series 1 Private Company Notes...
Read moreChekkit, a Nigerian anti-counterfeiting startup, has raised $500k in pre-seed funding
Chekkit, a Nigerian anti-counterfeiting startup, has raised a pre-seed funding round of US$500,000 to help it expand its operations in...
Read moreOmnibiz, a Nigerian B2B e-commerce startup, has raised $3 million in a seed round
Omnibiz, a Nigerian B2B eCommerce business, has announced that it has raised $3 million in a seed round. The round...
Read moreMoove, a Nigeria-based mobility fintech company, has raised $23 million in Series A funding
Moove, a mobility fintech company, has secured $23 million in Series A funding to develop a complete vehicle ownership service in...
Read moreThe Big 5
