Top news of the week: 20.03.2023.
Nigeria launches $672 million tech fund for young investors
Nigeria launched a $672 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa's largest economy.
Nigerian credit-led fintech FairMoney acquires PayForce in retail-merchant banking play
FairMoney has acquired YC-backed PayForce as the lender looks to broaden its financial services proposition to merchants.
One of Nigerian tech’s pioneers launches Collate Africa, a platform to improve election transparency
After seven years in startup advisory, Oo Nwoye, one of Nigeria's most notable tech professionals, is seemingly back in the game. He and Co-creator Ozo Omosigho have built Collate Africa, a ...
MENA VC Flat6Labs’ new fund to back startups in East, West Africa
Flat6Labs targets to raise $95 million for the Africa Seed Fund, which will mark its first venture outside MENA region.
How African startups raised venture capital funding in February 2023
African startups raised $675 million in February 2023, according to Intelligence by Techpoint. Here's what that looks like.
Flat6Labs launches $95m VC fund to expand impact in Africa
MENA-focused seed investor Flat6Labs has announced the launch of a new US$95 million fund to nurture the growth and development of early-stage tech startups on the African continent.
Naspers Foundry is folding: Where are its alumni?
A look at the life and times of the Naspers Foundry, Naspers's $77 million venture capital which was shut down on March 13th,2023.
Flutterwave boosts its East African fintech presence with new licenses in Rwanda
Flutterwave, the African fintech unicorn, has acquired two licenses from the National Bank of Rwanda, allowing it to provide remittance services and operate as an electronic money issuer in ...