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Nigeria’s startups raised $93.4 million in October 2025, a 130.6% surge driven by Moniepoint’s $90 million round and rising early-stage investments across fintech, clean energy, agriculture, logistics, and edtech.

Preventing the next billion-dollar mistake: Due diligence in startup investments

Startup Review

When HP acquired Autonomy for £25.50 ($42.11) per share in cash, valuing the company at approximately $11 billion, it was one of the transactions that made the news and stayed in the news for a long time.

November 28, 2024 / 0 Comments
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Africa’s leading payments technology company, Flutterwave partners with Spacefinish for new headquarters design 

News

In today’s dynamic business landscape, workspace strategy has emerged as a powerful catalyst for transforming business growth.

November 27, 2024 / 0 Comments
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Three African countries with legal status for cryptocurrency  

Industry Analysis

Cryptocurrency adoption in Africa has been increasing with the continent housing some countries that made the top 5 list of countries with highest crypto adoption in the world.

November 20, 2024 / 0 Comments
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Spotify names South African R&B star, Elaine, Equal Artist for October 2024

Social Tech

Spotify has announced that multi-award-winning R&B sensation Elaine is the EQUAL Artist for October 2024.

October 31, 2024 / 0 Comments
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Kenyan climate startup Octavia Carbon raises $3.9m to fight greenhouse gas emissions

Explainers

Octavia Carbon is a climate-focused company that builds Direct Air Capture (DAC) machines

October 29, 2024 / 0 Comments
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Final Details Await Trump-Xi Meeting Bessent noted that while the framework is in place, the final details of the deal will be determined during a scheduled meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping on Friday. The outcome of the discussions could mark a turning point in both U.S.-China trade relations and the future of TikTok’s global operations, which have been closely watched by regulators, investors, and millions of users worldwide.

TikTok removed 2.1 million videos in Nigeria in Q2 2024- safety report

Social Tech

TikTok has released its Q2 2024 Community Guidelines Enforcement Report, which provides an account of the platform’s proactive approach to content moderation in Nigeria.

October 19, 2024 / 0 Comments
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Finally, for the Social Entrepreneur Award, South Africa’s Tsholofelo Ramokoka of AddressDox emerged alongside Osen Iyahen and Temitope Mayegun, both from Nigeria, as the finalists in that category. “The AWIEF Awards continue to celebrate women who are making waves across industries, empowering communities, and setting new benchmarks in entrepreneurship. The finalists represent a diverse array of sectors, highlighting the depth and breadth of women’s contributions to Africa’s economic landscape,” the organisers said. The winners of the 2024 AWIEF Awards will be announced at the AWIEF Awards Ceremony on November 29, 2024, during the AWIEF Conference in Cape Town, South Africa.

Christiana Okere of myStash, 3 other Nigerian women emerge finalists of 2024 AWIEF awards

Women in Tech

The AWIEF Awards 2024 finalists have each demonstrated excellence in their respective fields

September 20, 2024 / 0 Comments
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Nigeria, other African countries set to receive $90 billion World Bank electricity fund 

News

Nigeria as well as other African countries are set to be beneficiaries of a $90 billion electricity funds backed by the from the World Bank and the African Development Bank.

September 20, 2024 / 0 Comments
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Kenya on top countries chart as tech companies layoff 211,033 employees in 2024

Kenya on top countries chart as tech companies layoff 211,033 employees in 2024

News

The tech industry has been struggling with massive layoffs since early 2023, and the trend has only continued into 2024, showing no signs of slowing down

September 20, 2024 / 0 Comments
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Several investors and venture capitalists are still showing significant interest in the African continent

Launch Africa, Techstars, 54 Collective top list of active investors in Africa in H1 2024

Industry Analysis

Several investors and venture capitalists are still showing significant interest in the African continent

September 15, 2024 / 0 Comments
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