Startups
In nearly a decade, hundreds of entrepreneurs have emerged with innovative startups across the African continent. We provide insights on their experiences and highlight the activities of investors who fund them.
Top stories
This Nigerian deep tech solution is looking to eliminate the global fake drugs scourge
According to a U.S. SEC filing, Kudi, a pioneering conversational online payments startup, has raised $5.8m in a funding round led by the Partech Africa Fund.
After 2 successful cohorts, Google has announced 12 startups for its third Launchpad Accelerator programme.
One Finance and Investment Limited (OneFi), the company behind consumer lending app, Paylater recently announced its acquisition of Amplified Payments Limited for an ‘undisclosed fee’, barely two weeks after OneFi announced securing a $5m debt facility from Lendable
There are questions around the African identity of Jumia Technologies AG, widely considered as the first African internet startup to file for IPO in the New York Stock Exchange.
Following Jumia’s impending IPO listing on the New York Stock Exchange, we explore 4 key things to note for African startups which plan to IPO in the US too.
Surprisingly, some behind-closed-doors ‘angel investments’ are typically not too far off from this. We asked a few startup founders, at different stages of investment, if they would be willing to give away 40% of the company in return for ₦200k ($554) cash.
Gloo.ng has finally announced a pivot from its former e-commerce business to e-procurement.
Following confirmation that there is actually no ongoing criminal case, unlike we have been led to believe, perhaps the real lessons from the Marek vs Nigerian investor saga are about due diligence and corporate governance in the Nigerian startup space
VALR, a South African startup that’s yet to launch, has raised the $1.5 million in a seed funding round that was led by Bittrex — a United State blockchain trading platform.
This is apparent in the frequent Twitter annoncement of Nigerian developers emigrating to Germany, Amsterdam or Canada
Some of the activities of the Nigerian companies in the cryptocurrency space as reported in the Nigerian Startup Funding Report 2018.
Nigerian NBA star, Andre Iguodala joins the board of directors of African eCommerce giant, Jumia
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There’s no telling how launching in Abeokuta will impact on the business. But it seems Pickmeup is squaring up with the challenges nicely.
Nearly 4 years after launch and a period of bootstrapping to profitability, Nigerian fintech startup, TeamApt raises $5.5 million in Series A round.
Figures from the 2018 Nigerian Startup Funding Report show that crowdfunding is here to stay irrespective of regulators’ stand on it.
We recently took a tour of PrepClass’ headquarters located in Yaba, Lagos. Here’s what it looks like.
From all the evidence that Techpoint has been able to gather so far, it is difficult to classify Marek Zmyslowski’s possible outwitting of his Nigerian investors as ‘criminal’ .
