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 strategy, managing a large team of over 1000 sales agents across the country and market expansion.
The Sujimoto team is in search…
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…
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 economy.
Alakija, who is one of Africa’s most influential women stated this while featuring as a guest on CNN’s One…
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…
Rise.ng raises $150,000 pre-seed funding to revolutionalise service delivery
April 18, 2022
Nigerian startup, Rise.ng has secured a $150,000 pre-seed round as it is set to launch it business operations in the country.
The tech startup said it wants to revolutionalise service delivery as it focuses on the low-income earners; majorly artisans and vendors that do not have access to digital/online visibility to increase its customer base as that is the starting point of search for such…
BUA Foods Plc, a newly consolidated food conglomerate led by Nigerian billionaire businessman Abdul Samad Rabiu, reported a profit of N69.76 billion ($167.84 million) at the end of its 2021 fiscal year thanks to a double-digit percentage increase in revenue.
BUA Foods’…
Aliko Dangote, Africa’s richest man, gains $100 million as investors prepare for Q1 earnings
April 14, 2022
Aliko Dangote, Africa’s richest man and leading industrialist, saw his net worth rise by $100 million in a single day as investors on the Nigerian stock exchange renewed their interest in stocks with strong fundamentals as the first-quarter earnings season began.
Dangote…
Billionaire Mike Adenuga to receive $3.1 million in dividends from Nigerian oil company
April 11, 2022
Mike Adenuga, a Nigerian billionaire and telecom tycoon, is set to receive a N1.29-billion ($3.1 million) dividend from his stake in Conoil Plc after the petroleum marketing company reported a triple-digit percent increase in earnings.
Adenuga, the founder of Nigeria’s second-largest telecom services provider, Globacom Limited, owns 74.4 percent of Conoil through one of his companies, Conpetro…