African Tech Startups Secures $780 Million Funding, Lowest Since 2020
African tech startups in the first half of the year ended June 30, 2024, secured $780 million in funding, marking ...
Tag: Tech Startups in Africa
FG to increase Funding for Tech Startups to $5bn by 2027
Strategies have been unveiled by the federal government to increase funding for Nigerian tech startups to $5 billion annually by ...
Why Lagos should be tech startups destination in Africa – Report
The Global Startup Ecosystem Report (2023) has suggested Lagos, Nigeria, should be the preferred destination for technology startups in Sub-Saharan ...
Tech startups in Lagos have raised $750 million this year—Tunbosun Alake
The Special Adviser to the Lagos State Governor on Innovation and Technology, Tunbosun Alake, has said that a total of ...
FTX-backed Chipper Cash lays off employees
Africa-focused cross-border payment startup, Chipper Cash, has laid off some of its employees barely a year after it raised $150 ...
Nigeria’s RiceAfrika Emerges Winner In WEF Circulars Accelerator Cohort 2022
RiceAfrika.com, was announced, with 16 other start-ups, as a winner for the Circulars Accelerator Cohort 2022 award by the World ...
Purple Lekki Partners With Ventures Park To Create Tech Incubation Hub in Lagos
Purple Lekki and Ventures Park announced earlier this month that both companies have entered into a strategic partnership for an ...
New $250m Deal Makes Flutterwave Africa’s Highest Valued Startup
Flutterwave has secured a $250 million Series D deal, multiplying the company’s valuation in triple fold to reach $3 billion. ...
Nigerian Tech Firms Raised $1.7bn Investment in 2021
With $1.7 billion, Nigeria attracted 60% of the total money raised by tech startups in Africa in 2021. This was ...
