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Startup Review

Nigeria’s Startup Funding in 2025 Was Highly Concentrated, with 11 Firms Taking 82.9% of Capital

Startup funding in Nigeria remained selective in 2025, as just 11 companies attracted nearly 83% of total investment, driven by investor focus on fintech, logistics,…

By: Ovie George

African Startup M&A Reaches All-Time High in 2025 as Deal Volume Climbs 72%

African startup mergers and acquisitions hit a record 67 deals in 2025, up 72% year-on-year, led by fintech and driven by strategic consolidation, according to…

By: Ovie George

Paystack Cuts Off Fansted: Compliance Risks Highlighted for African Startups

Paystack has permanently terminated Fansted due to a “heightened risk profile,” underscoring the importance of compliance, risk-sharing, and provider-agnostic payments for African tech startups….

By: Ovie George

Paga Handles ₦17 Trillion in Payments From 169 Million Transactions in 2025

Paga says it processed ₦17 trillion across 169 million transactions in 2025, highlighting rapid growth in digital payments and rising adoption of its Paga Engine…

By: Ovie George

Nigerian Startup MAX Raises $24m to Expand Electric Mobility and Driver Financing in Africa

Mobility startup MAX has secured $24 million in equity and debt funding to grow its electric vehicle fleet, battery-swapping infrastructure, and clean transport operations across…

By: Ovie George

African Startup Funding Hits $3.2bn in 2025, Marking Strong VC Recovery

Venture capital investment in African startups climbed to $3.2 billion in 2025, the continent’s strongest performance in three years, according to Africa: The Big Deal….

By: Ovie George

African Startup Funding Drops 41% in December 2025 as Investors Double Down on Big Deals

Startup funding in Africa fell 40.8% in December 2025 to $349.1 million, with over 92% of capital concentrated among the top 10 deals, led by…

By: Ovie George

African Startup Funding Surges to $590m in November 2025 on Back of Major IPOs

African startups attracted almost $590 million in November 2025, driven by blockbuster IPOs and energy investments, with the top 10 startups capturing over 97% of…

By: Ovie George

Chowdeck Hits 2 Million Users, Showcasing Rapid Growth in Nigerian Food Delivery Market

Chowdeck, Nigeria’s rising food delivery platform, surpasses 2 million registered users and 1 million orders, highlighting strong market adoption and record-breaking Big Black Friday performance….

By: Adamu Garba

African Startup Funding Plunges to $162M in November 2025 as Investment Activity Slows

Startup funding in Africa dropped to $162 million in November 2025—a sharp 63% fall from October. Equity dominated the month’s deals, with South Africa leading…

By: Ovie George

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