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Starting a new business can be an exciting, yet challenging venture. One of the biggest obstacles entrepreneurs face is securing funding to get their businesses off the ground.
Nigerian healthtech, Famasi Africa has secured an undisclosed pre-seed in a round led by Microtraction, to build the pharmacy infrastructure for African digital healthcare.
To ease the supply pressure on citizens, Nigeria's President Buhari has approved the use of old ₦200 notes as legal tender until April 10 2023..
Africa's leading KYC onboarding and identity verification platform, Smile Identity has secured a $20 million Series B to grow its team and expand its offering across Africa.
Francophone Africa-focused cleantech company, Qotto has raised $8 million in a Series A equity-debt round to scale its operations in existing markets and expand to Ivory Coast.
President Muhammadu Buhari has signed the business facilitation (miscellaneous provision) bill 2022 to tackle bureaucratic constraints to doing business in Nigeria
The Ethiopian government wants to sell 45% of its telecom Ethio Telecom, which lost its monopoly in 2022, a figure up from the 40% sale announced in November 2022.
Nigeria-based insurtech, Curacel has secured a $3 million seed funding to expand its drive insurance experiences across Africa.
Nigerian HRTech company, Pade has secured $500,000 pre-seed in a round led by Zrosk IML, Zedcrest Capital, Microtraction, Expert Dojo, and Resilience 17
Kenya's leading telco, Safaricom lost over $4 million in SIM card fraud on its lending platform, Fuliza loans in 2022. Suspects have been arrested by the Kenyan authorities.
Starting a business in the United States as a non-citizen or Nigerian can be an exciting and rewarding venture. With its large and diverse market, the US offers a wealth of opportunities for entrepreneurs to grow and succeed.
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