Innovation
Nigeria Unveils $40M Fund to Accelerate Startup Growth Amid Declining Investment
Nigeria, recognized as a leading hub for Africa’s technology ecosystem, is taking strategic steps to support early-stage startups as the sector faces a ...
Innovation
Nigeria: BOI Unveils ₦10bn GLOW Fund to Boost Female Entrepreneurship
The Bank of Industry (BOI) has introduced the Project Guaranteed Loans for Women (GLOW) initiative, a ₦10 billion special intervention fund aimed at ...
Africa
Africa: AUDA-NEPAD to Launch Digital Dashboard for Enhanced Transparency in Africa’s Mega Infrastructure Projects
The African Union Development Agency – NEPAD (AUDA-NEPAD) is set to enhance transparency and accountability in Africa’s infrastructure development through the launch of ...
Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Global: LoanPro and NovoPayment Partner to Enhance Financial Inclusion in Latin America
Credit technology provider LoanPro has entered into a strategic partnership with financial infrastructure firm NovoPayment to advance financial inclusion across Latin America. Announced ...
Africa
Equator Secures $55M to Accelerate Early-Stage Climate Tech Innovation in Africa
Climate-tech venture capital firm Equator has successfully closed a $55 million fund to support early-stage climate tech startups across Africa. This investment aims ...
News
Mastercard Study: 83% of Nigerian Women Embrace Entrepreneurship, Outpacing Regional Trends
A new Mastercard study, Empowerment for All, has revealed that Nigerian women are embracing entrepreneurship at an exceptional rate, with 83% identifying as ...
Fintech
Grain Secures $50M to Advance AI-Driven FX Optimisation and Hedging Platform
Grain, a fintech startup leveraging artificial intelligence to optimise foreign exchange (FX) transactions and hedging, has raised over $50 million to scale its ...
Africa
LoftyInc Capital Secures $43M to Propel Growth of African Startups Beyond Early-Stage Funding
LoftyInc Capital, a leading early-stage investor in Africa, has successfully raised $43 million in the first close of its third fund, LoftyInc Alpha. ...
Global
Lloyds Banking Group Opens Applications for ‘Launch Innovation’ Programme
Lloyds Banking Group has announced the opening of applications for its 2024 ‘Launch Innovation’ programme, aimed at discovering new business partnerships and fostering ...