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Global payments company, LemFi (formerly Lemonade Finance) has secured a $33 million Series A in a round led by Left Lane Capital.
Google has launched its AI First program in Africa to provide startups with access to Google's AI expertise, Cloud Platform resources, and networking opportunities.
Meet seven Nigerian founders who have come full circle, reinvesting in the very ecosystem that once nurtured them.
The latest investment led by Mubadala Investment Company brings Moove's total funding to $335 million across debt and equity
Remedial Health has raised $12 million in debt and equity funding to deliver financial services for neighbourhood pharmacies in Nigeria.
Clafiya, an African healthtech company, announced its $610,000 pre-seed raise today.
Cleantech startup Nuru has secured a $40 million Series B to drive its efforts to provide 24-hour electricity to five million people in the Democratic Republic of Congo.
African tech startups raised over $1.3 billion in H1 2023, according to BD Funding Tracker. This is a 47.69% decline from the period under review last year.
Nigeria remains the preferred destination for the Google Founders Fund in Africa, dominating the three cohorts since the fund was launched.
When Paystack exited to Stripe, some Angel investors confessed to making nearly 20x on their investment. Yet, a single mistake in their investment process could have wiped out any potential gain.
Understanding funding terms is essential to ensure that you make informed decisions when it comes to securing funding for your startup. Here are 20 funding terms that every founder should know.
Closer collaboration between banks and fintech companies is a positive development and has the biggest potential to drive financial inclusion in Africa.
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