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.
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Besides its January investment, Rensource had secured a previous funding round of $1.1 million in 2016. Thus bringing the total investment raised in external funding since that time to $5.5 million.
A look into the concept of ‘failing fast’ and why it is important for Nigerian startup founders to realise that failure isn’t the end but part of the process.
Techpreneurs, startups and idea owners need to insulate themselves, their ideas, products and offerings from sharks and the vagaries of a harsh business. Techpoint Publishing Partner, Babalakin and Co details how they can go about this.
The Visa Everywhere Initiative encourages local fintech startups to deliver solutions around real-life business challenges. Nigerian startups CredPal and Growsel and Kenya’s Mookh Africa fended off competition from nine other contestants to come out victorious in the recently concluded Sub-Saharan Africa edition.
Based on funding activities in the first and second quarter of 2018, the survival of the Nigerian internet startup space is still at the mercy of foreign investment. Could this be attributed to a lack of financial muscle on the part of Nigerian VCs and angel investors?
CowryWise last week announced acceptance into the Y Combinator Summer 2018 Batch, where its founders hope to get their company into the best possible shape.
On November 2nd 2018, Owerri the capital of Imo State will play host to StartupSouth 4, a startup/entrepreneurship ecosystem development and intervention project focusing on the South-South and South-East.
Government contracts can be a much needed lifeline for Nigerian startups, yet they are intentionally barred from accessing and executing them. Here’s why and what can be done about this.
Recently, the online grocery retail space has become flooded, with most new and emerging players coming on board within the last two years. These six caught our attention.
TaxiTV is an in-ride entertainment system startup founded in October 2017 by Akinbola Asalu, CEO, and Dami Osiyale, COO.
That experience would guide him on his entrepreneurial journey and the brainchild company is CAD Digital Consulting.
For Sim Shagaya, founder and former CEO of Konga, farming seems to be the next stop as evident in his tweets. Shagaya — who until earlier this year was the chairman of Konga — in a recent tweet pointed out meeting people that gave up a white-collar job for farming. https://twitter.com/SimShagaya/status/1015566435790327808 There have been calls for…
The Nigerian Startup Funding Report by Techpoint.ng is a quarterly analysis of funding activities within the Nigerian startup scene. Now in its second edition, the report is being collated in the build-up to an annual report which will be published at the end of the year. The maiden edition, which will remain available for download,…
Microtraction recently announced its second investment yet, in Bitkoin Africa. Amid uncertainties and strict regulations, the cryptocurrency trading startup could face some challenges as a relatively new prospect in the African cryptocurrency space.
A lot of recent attention has been on the 2019 general election. However, the unrest in not restricted to political arena, as tech companies in Nigeria are also feeling the heat.
The Lagos Tour of Demo Africa, held in partnership with Techpoint and the Co-creation Hub, culminated in a pitch event held on the 3rd of July. 3 startups emerged regional semi-finalists, in the lead up to the finale in Morrocco in October.
Kaduna-based fintech startup, Payant announced over ₦1 billion in transaction value in less than 2 years of operation. They also shared projections for the year end.
Logistics startup Kobo360 has been accepted into the YCombinator Class of 2018 and raised $1.2 million in pre-seed funding.
Following the 2018 MEST Africa Summit which took place in Cape Town and lasted three days, Nigeria’s Accounteer would go to win the competition, receiving an award of $50,000 in equity investment from the Meltwater Foundation