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In terms of funding, this year has been a generally satisfying one for the Nigerian tech ecosystem, as venture capitalists continue to pump money into startups in the country — more than any of its counterparts on the continent. According to the Africa Tech and Fintech report by Renaissance Capital, Nigerian startups raised $678 million in
Nigerian Sovereign Investment Authority (NSIA) will launch the maiden edition of the NSIA Prize for Innovation Programme (NPI) on Saturday, December 10.
Investors at D2C startup Kloud Commerce have accused founder Olumide Olusanya of mismanagement of funds and fraud.
Bumpa, a Nigerian retail automation platform, gets $4 million from Base10 and other investors to scale into other countries.
Bumpa, a social commerce startup in Nigeria, has raised $4 million in a seed round to grow its team and reach new markets in Africa.