Zedcrest Capital News Today

Leatherback payments startup, is the subject of ongoing speculation within high-level online communities of the Nigerian tech ecosystem.

Dangote Cement Plc and five others raised and listed a total amount of N240.05 billion via Commercial Papers (CPs) in five months.

In 2022, Jumia revealed it lost $207 million in 2022—$49.2 million in Q4 alone. The company also confirmed that it reduced its staff count in Dubai by 60%, and laid off 900 people in total in 2022. More in #TCDaily.

This line-up of stories will help you discover the latest happenings around the tech world, today 1. Nigerian HR-tech company, Pade, secures $500k |

Nigerian startup CutStruct Technology has raised a US$$600,000 pre-seed funding round to assist in the development and scaling of its B2B construction procurement product LiveVend. Founded by John Oamen and Tayo Odunsi, CutStruct has built LiveVend, a construction procurement platform that allows buyers like real estate developers and contractors to engage vetted vendors while enjoying other services

Chairman of AW Networks and Co-founder RED | For Africa, Adebola Williams, has been named by Institut Choiseul, a Paris-based organisation, as one of the Choiseul 100 Africa Laureates for the 4th consecutive year.

(AFRICAN EXAMINER) - Chairman of AW Networks and Co-Founder RED | For Africa, Adebola Williams has been named as one of the Choiseul 100 Africa Laureates for the 4th consecutive year. The award is organized by Institute Choiseul, a Paris-based organisation dedicated to the analysis of contemporary strategic issues and international economic questions Choiseul 100

Tech companies in Nigeria have continued to stand out among African Start-ups with six companies leading the pack in the list of companies to receive over $161 million funding from foreign and local investors in the second quarter of 2022. | Pulse Nigeria

Oui Capital, an Africa-focused VC firm based in Lagos and Massachusetts, announced today that it has completed the first closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen its presence on the continent.  The firm, founded in 2019 by Olu Oyinsan and Francesco Andreoli, launched its debut fund at $5 […]

Zedcrest Capital, an African VC firm, has launched a $10 million fund to back startups looking to raise bridge rounds