Naspers, the media and internet powerhouse in South Africa, which has a market valuation of $71.3 billion, has closed its Foundry investment fund, which had a value of R1.4 billion (about $77 million)...
Nomba, a fintech startup, has secured $30 million in a Pre-Series B funding round to provide tailored payment solutions for African businesses. A Pre-Series B funding round of $30 million was oversubs...
alGROWithm, a Nigeria-based growth agency is inventing Africa’s major growth talent accelerator. The Growth Talent Accelerator Programme (GTAP) is a two-phase coaching program in alliance with ...
What caused SVB to collapse?The exact reasons for SVB's collapse are not yet clear as there have been many different speculations, but it has been reported that SVB had a significant portion of its po...
alGROWithm, a Nigeria-based growth agency is inventing Africa’s major growth talent accelerator. The Growth Talent Accelerator Programme (GTAP) is a two-phase coaching programme in allia...
Tuesday saw the launch of the first office for Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc., in Lagos, Nigeria. The opening of the new office in Lagos is part of AWS's effort to...
India's neobank, Jupiter raised $45 million in a Series B funding round as the startup prepares for its public launch next month. The round was co-led by Brazil-based Nubank, Sequoia Capital, Glo...
Unearthing co-founders and employing laborers in the premature days of a startup is essential to its survival and expansion. Nigerian health tech startup, Helium Health, piloted this challenge in i...
Black-owned businesses, also known as African-American businesses, originated in the days of slavery before 1865. Emancipation and civil rights permitted businessmen to operate inside the American leg...
Venture capital (VC) Venture capital (VC) is a type of private equity and funding. VC is often given to startups with outstanding growth potential or to businesses that have had rapid growth and...