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News - West Africa
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Releaf, a Nigerian agri-tech startup, has raised $3.3m in a pre-Series A funding round
Releaf, a Nigerian agri-tech startup, has successfully raised US$3.3 million in an oversubscribed pre-Series A fundraising round. Releaf, a Nigerian...
Read moreShell has completed the acquisition of Daystar Power, a solar energy company based in Nigeria
Daystar Power, a Nigerian company that specializes in providing hybrid solar power solutions for commercial and industrial (C&I) firms in...
Read moreThe World Bank has approved $311 million to increase West Africa’s capacity for grid-connected renewable energy
The new Regional Emergency Solar Power Intervention Project (RESPITE), approved for a total of $311 million in International Development Association...
Read moreVentures Platform has closed its $46 million pan-African fund
Ventures Platform, an Africa-focused early-stage VC firm, has closed its $46 million early-stage and global fund. A to Z Impact,...
Read moreTaeillo, a Nigerian startup, has raised $2.5 million in funding
Taeillo, a Nigerian-based online furniture eCommerce startup, has secured a $2.5 million funding round led by Aruwa Capital. Taeillo is...
Read moreThe Deji Alli Young Talent Award (DAAYTA) for 2023 is now accepting applications
The Deji Alli ARM Young Talent Award (DAAYTA) finalists' pitch event for the year 2023 will take place virtually on...
Read moreOrda, a restaurant management startup in Nigeria, secures a $3.4 million seed funding round
Orda, a Nigerian company that develops cloud operating systems for restaurants, has raised US$3.4 million in a seed round to...
Read moreDjamo, an African fintech business, has raised $14 million in a funding round
Djamo, a fintech in Francophone Africa that is establishing a personal finance company, has raised $14 million in an equity...
Read morePivo Africa, a Nigerian Fintech startup, has raised $2 million in a seed funding round
Pivo has announced the completion of a $2 million seed funding round to expand its product offerings to supply chain...
Read moreCutStruct, a startup in Nigeria, secures a $600k pre-seed funding round
CutStruct Technology, a startup in Nigeria, has secured a US$600,000 pre-seed funding round. With the support of angel investors, notably...
Read moreAfyA Care a healthcare venture in Nigeria has just closed a $6 million Series A funding round
AfyA Care's Series A capital funding has included a $6 million investment by CardinalStone Capital Advisers (CCA), a manager of...
Read moreTouch and Pay, from Nigeria wins the Ecobank Fintech Challenge 2022, taking home $50,000 in prize money
Touch and Pay, a fintech company based in Nigeria has been named the winner of the Ecobank Fintech Challenge 2022. ...
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