FinTech
Nigerian Entrepreneur Secures $46M to Expand Affordable Online College in the U.S
Tade Oyerinde, a Nigerian-born tech entrepreneur, has raised $46 million in Series B funding for his for-profit community college startup,...
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Cassava Technologies to Build Africa’s First AI Factory with NVIDIA
Cassava Technologies has announced plans to construct Africa’s first AI factory, a state-of-the-art data center facility powered by NVIDIA’s advanced...
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Mysten Labs Co-Founder Launches $1.3 Million Fund to Train African Software Engineers
Adeniyi Abiodun, co-founder of blockchain infrastructure firm Mysten Labs, and his wife, Gloria Abiodun, have launched a $1.3 million endowment...
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Kenyan Startup Secures $400,000 to Expand Refurbished Smartphone Market
Kenyan re-commerce startup Badili has secured $400,000 in debt funding from French development finance institution Proparco to expand its refurbished...
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MTN to Spin Off Fintech Units in Nigeria, Ghana, Uganda
MTN Group has announced plans to spin off its financial technology (fintech) businesses in Nigeria, Ghana, and Uganda in the...
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Nigeria Secures $40 Million Japanese-Backed Startup Fund to Drive Tech Innovation
The Nigerian government is set to establish a $40 million fund to support early-stage technology startups, providing much-needed investment for...
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Equator Secures $55 Million to Drive Climate Tech Innovation in Africa
Equator, a climate-tech venture capital firm, has closed a $55 million fund to support early-stage startups tackling Africa’s pressing environmental...
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Niger State Partners AWITS to Train Women in Tech Sales
The Niger State Ministry of Communications, Technology, and Digital Economy has partnered with African Women in Tech Sales (AWITS) to...
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Carbon, PalmPay Begin Issuing Verve Cards Following CBN Approval
In a significant boost to Nigeria’s financial technology sector, leading fintech companies Carbon and PalmPay have begun issuing Verve cards...
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Capria VC Seeks to Invest $1-3 Million in Two More African Series A startups
Capria VC, a global venture firm with $207 million in assets under management, operates a distinctive investment strategy in emerging...
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