On Monday, May 9, 2022, Konga Food, the online food delivery arm of Nigeria’s composite e-commerce behemoth Konga, will formally launch.
The long-awaited development is set to raise the bar for service delivery in Nigeria’s burgeoning online food delivery industry, with Konga Food eminently positioned to follow in the footsteps of the Konga Group’s other thriving subsidiaries by providing…
Capitalizing on the importance of Workers’ Day on Monday, Lastmile Financials Limited, a Nigerian fintech, has officially launched PayMasta, a new product to cater to the needs of Nigerian employees, seeking to cut their wages ahead of payday.
At the heart of PayMasta is…
Norebase, a Nigerian-based tradetech company launched in 2021, has secured a $1 million pre-seed funding round to accelerate plans to build a plug-and-play company incorporation technology.
According to the company, the funding will broaden its trademark registration…
A Nigeria-based edtech startup, 9jacodekids, has raised a $350K seed funding round to expand its team and operations across Nigeria.
The founder and CEO, Ugochukwu Nkwocha, on Monday, confirmed the development in a post on the startup’s website.
Ripples Nigeria gathered that the startup featured in Ultima’s second season of Lion’s Den, a business reality show that gives new startup owners…
Homewin by Sujimoto is looking for the best sales manager! An all-round, versatile, certified and exposed sales expert, with at least 10 years of work experience, and a proven background in fast moving consumer goods (FMCG), and a demonstrated character for marketing…
A total of $2.25 billion was raised in funding activities by tech companies in Africa in the first four months of 2022, according to data from the Big Deal compiled by Max Cuvellier, Head of Mobile for Development, GSMA, and Maxime Bayen, Senior Venture Builder for BFA…
Afriex, a Nigerian blockchain-based money transfer startup, announced it has raised $10 million in Series A funding to expand its blockchain money transfer app.
The round was led by Sequoia Capital China and Dragonfly Capital with participation from Goldentree, Stellar Foundation, and Exceptional Capital, among others.
Founded in 2019 by Tope Alabi and John Obirije, Afriex provides instant…
Stringent Bank Requirements: A Challenge to SME Growth in Nigeria- Folorunso Alakija
April 30, 2022
Nigerian philanthropist and businesswoman Apostle Folorunso Alakija has urged the Nigerian government to prevail on banks in the country to reduce their stringent requirements, in order to support and enable Small and Medium Enterprises (SMEs) thrive and contribute to the…
Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, in partnership with ARM Labs, a Lagos-based innovation program focused on helping fintech startups, announces the launch…
OnePort 365, a Lagos, Nigeria-based digital freight forwarding company, raised $5M in Seed funding.
The round was led by Mobility 54 (the Venture Capital arm of Toyota Tsusho and CFAO Group), with participation from SBI Investment, Flexport, Samurai Incubate, and ODX.
The company intends to use the funds for expansion into new markets across the continent.
Led by CEO Hio Sola-Usidame, OnePort 365…