Chimgozirim Nwokoma

News

Figorr founder Oghenetega Iortim steps down as CEO as Envir Fraser takes over

Figorr founder Oghenetega Iortim has stepped down as CEO, with Envir Fraser taking over as the company expands across Africa.

News

Onafriq’s 2024 revenue fell 7% as naira devaluation wiped $3.2 billion from payment volumes

2024 revenue fell 7% year-on-year, driven by naira depreciation in Onafriq's biggest market, Nigeria.

Funding

Grants or equity? What female founders need to know about raising capital in 2026

Female founders face a funding gap, but understanding how to grants and equity boosts their chances of success.

News

Uber to end operations in Nigeria after 12 years

Uber is ending its Nigeria operations after 12 years, closing a chapter for the ride-hailing pioneer.

Analysis

China-Africa trade is growing rapidly. Grey wants to build the rails for it

As Africa-China trade expands, African businesses and individuals need faster, more direct ways to pay Chinese suppliers. Fintechs like Grey are building the rails.

News

Cascador selects 10 Nigerian businesses for latest Scale Up cohort

Cascador selects 10 growth-stage Nigerian businesses for its latest Scale Up cohort, with a focus on capital readiness and sustainable growth.

News

ChipMango raises $1.9 million seed round to expand chip-design operations across Africa, Europe, and the US

ChipMango has raised $1.9 million in seed funding to expand its engineering teams and chip-design operations across Africa, Europe and the US.

Features

She joined Bumpa as a content marketer. Five years later, she’s helping build the product

Precious O’Dahunsi joined Bumpa as a content marketer. Five years later, she’s helping shape its products, bringing creativity and customer insight to product growth.

News

Terra Industries adds former Palantir and WHOOP executive to leadership team

Todd Stiefler joins Nigerian defence technology company Terra Industries to lead its commercial division after stints at WHOOP and Palantir.

Analysis

Why a growing remittance business was not enough for Moniepoint

MonieWorld’s shutdown highlights the high cost of UK expansion and the tough economics facing African fintechs entering crowded remittance markets.

Analysis

Nigeria wants startup listings at home. It must first create the right conditions

Nigeria wants its biggest startups to list at home, but policy alone won’t make that happen. Deeper markets, liquidity, and market infrastructure must come first.

News

Nigeria’s Terra Industries gets $18 million in extended seed round

Terra Industries is scaling beyond Africa through fresh funding, manufacturing expansion, partnerships, and international growth while keeping its roots on the continent.