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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
CAIRO: The Middle East and North Africa’s 50 most-funded startups attracted a total of $3.2 billion in fundraising since their inception, with 18 companies from the UAE, 12 from Saudi Arabia and 11 from Egypt, according to Forbes. UAE-based startups made most of the list, raising $964 million in total funding, followed by the Kingdom with $946.7 million and Egypt with $508.5
Nigeria-based mobility fintech and Moove is raising $30 million through its first Sukuk issuance arranged by Franklin Templeton...
Nigeria’s mobility fintech company Moove, Uber’s largest vehicle supply partner in EMEA, has raised US$30 million from a debut sukuk issuance to fund its expansion into the United Arab Emirates (UAE). Founded in 2019 by British-born Nigerians Ladi Delano and Jide Odunsi, Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
EV fleet provider Moove has teamed up with tech firm Paua to build a new app to help facilitate charging across the capital