Thursday, March 20, 2025
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nigerian startups

Africa By Region

Herconomy: Nigeria’s First Women – Empowering Bank

Staff Writer -
According to Women's World Banking, Nigeria has a significant and underbanked market, relying on a population consisting primarily of self-employed and economically active women with limited economic opportunities. Their research indicates a substantial gender gap in financial inclusion within...
Startups

Nigerian Healthtech Startup Remedial Health Secures $4.4-Million in Seed Funding

Luis Monzon -
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has raised $4.4 million in seed funding. With this latest investment, the company plans to accelerate its expansion across Nigeria and provide access to...
Startups

Google Chooses 15 New Startups for its Startups Accelerator Africa

Luis Monzon -
Google today announced the participants in Google for Startups Accelerator Africa Class 7. The selected startups are developing solutions in areas such as healthcare, education, fleet management, logistics automation, and recruiting. This seventh class includes 15 tech startups from seven...
Top Stories

Why is Nigeria So Anti-Tech?

Luis Monzon -
The Nigerian federal government has, within the last 12 months, enacted a series of bans and restrictions across a country that has one of the most vibrant tech ecosystems in Africa. Africa's most populous country has a booming tech industry...
FinTech

Former Nigerian Bank CEO Reveals Finance and Business Focused Digital Ecosystem

Jenna Delport -
Nigerian entrepreneur and former Diamond Bank CEO, Uzoma Dozie has launched a digital ecosystem - called Sparkle - that provides financial, lifestyle and business support services to Nigerians across the globe. Sparkle, which has been granted a banking license from...
Company News

Opera’s OPay Still Planning African Expansion via Nigerian “Super App”

Luis Monzon -
Opera's African fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay will also continue to operate ORide for limited passenger service — though the company is shifting...
Healthcare

Nigerian Biotech Startup Raises $500,000 to Boost COVID-19 Testing

Luis Monzon -
Nigerian health and biotech startup 54Gene has raised $500,000 for a fund aimed at improving Nigeria's capacity to carry out tests fro COVID-19. Known as the Nigeria COVID-19 Testing Support Fund - this fund will enable the ramping up of...
East Africa

These Guidebooks Profile Africa’s Most Important Startups

Luis Monzon -
New guidebooks are being released this year that profile some of Africa's most innovative and impactful startups. Covering start-ups in Nigeria, Ghana, Rwanda, South Africa, Egypt, and Kenya. These startup guide books shine a spotlight on companies tackling overarching...
Startups

Nigeria’s digital taxi-transportation service, MAX, receives $7.5 million in funding

Jenna Delport -
The uMunthu fund has acquired a share in MAX, the motorcycle hailing app in West Africa. MAX has raised around $7.5 million from a group of investors including NovaStar Ventures, Yamaha, Breakthrough Energy Ventures, Zrosk Investment Management, and other...
Startups

All-female Nigerian startup takes top prize in Netherlands

Staff Writer -
DIYlaw.ng, a Nigerian female founded technology company, recently won the Innovating Justice Award for the SME Empowerment Innovation Challenge for East and West Africa - A challenge which was organised by The Hague Institute for the Internationalisation of Law...
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Latest News

Mobile and TelecomsStaff Writer -

egaport and Angola Cables Open a Gateway to 930+ Data Centres for African Businesses

Angola Cables and leading global Network as a Service (NaaS) provider, Megaport have announced a dual arrangement whereby customers can...
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