On January 2, the Trump administration launched the U.S. International Development Finance Corporation (DFC). Since then, the agency has invested in African investment firms and startups like SPE Capi…
How investor relationships are helping African startups survive during the pandemic
Recently, investments have been on the decline and the pandemic is to be blamed. However, despite investor pessimism, some startups have raised funds. Here’s how they did it.…
Ventures Platform Fund invests in three African startups as portfolio passes 30
Pan-African VC fund, Ventures Platform Fund has invested in three African startups—FunnelJoy, Tambua Health, and Brass. They join the likes of Paystack, MDaaS, Thrive Agric, and Printivo in the fund’s…
What influences angel and VC investments during a pandemic?
Investor pessimism during an economic disruption is bad news for entrepreneurs. But with the right factors in place, startups still stand a chance. Here is what founders should know…
How Nigerian crowdfunding startups can survive new SEC regulations
Given the heavy requirements present in the SEC’s new regulations for crowdfunding in Nigeria, we have a chat with some experts on how these platforms can keep afloat as well as some regulatory recomm…
In 2019 alone, this Africa-focused accelerator has invested in 7 sub-Saharan Africa startups
Giving its activities as an accelerator, we make The Baobab Network share some insights on how they invest.…
Why would a founder agree to take $500 for 40% equity in their startup?
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…
Not many startups in Nigeria are investment ready — LAN executive secretary
The Lagos Angel Network (LAN) has particularly been involved in two public deals; the investment in Café Neo and Big Cabal Media, worth a combined ₦50 million. But that was the last we heard of LAN or…
Apply for the $5 million global venture challenge
A tremendous opportunity for African entrepreneurs was announced today. Connecticut Innovations, a U.S. organization whose mission is to provide strategic investment for early-stage technology compani…
Before you invest in online farm crowdfunding platforms in Nigeria
Farming is becoming more lucrative as a result of technology. So here is a complete reference book for all that concerns online agro-crowdfunding platforms in Nigeria.…
With the awakening of funding opportunities in 2017, Nigerian startups have little excuse to fail
The stage is set for Africa to grow investable startups and their Nigerian counterparts don’t have an excuse.…
Lagos Angel Network committed to invest ₦100 million in Lagos-based startups in 2016
“Investing as a group makes an investment easier and less risky than if one investor had to take on all of the cost and exposure from a single deal.” This is the ideal adopted by the Lagos Angel Netwo…
AXA acquires 8% of Africa Internet Group with €75 million investment
AXA, a French-based Insurance and Asset management firm, today announced a partnership to develop the expansion of Jovago and a new round of funding to boost its activities in Africa. By investing a w…
NetPlus Advisory Gets Multimillion Dollar Funding From Synergy Capital
Nigerian E-Commerce and e-Payments operations company, NeTPlus Advisory has secured a multimillion-dollar investment to further its work in the e-commerce and e-payments space in Nigeria and Africa at…
