30 results
- 11 Feb 2025
Africa’s Startup Funding Increased by 240%
Nigeria and other African startups are off to a bright start as funding into the ecosystem rose by 240 percent year-on-year to $289 million in January 2025, compared to the corresponding period of…
- 19 Sept 2017
#StartupSouth: Making A Case For Startup Funding
#StartupSouth: Making A Case For Startup Funding by Ikechukwu Uche https://www.youtube.com/watch?v=QXfBqz_Tvgw
- 2 Oct 2023
African Startup Funding Drops
The total amount of funding raised by African tech startups in the third quarter of 2023 reached $492 million, which takes the total for the year to date to $1.4 billion. However, that’s down 48%,…
- 28 Feb 2023
Google opens applications for the third cohort of Black Founders Fund for Startups in Africa and Europe
Google has opened applications for the third cohort of Black Founders Fund for Startup in Africa and Europe in line with its commitment to digital transformation and support to black-founded…
- 16 Jan 2015
Mobile Apps Startup Funding Hit $47Bn in 2014
Venture capital funding for mobile apps helps end 2014 with a big influx of money for startups. Startups are partying like its 2001. The investment industry shelled out $47.3 billion on startups in…
- 2 Oct 2023
FG to Help Startups Raise Funding to $5Bn
Federal government has set a plan to help startups raise their yearly funding rounds to $5bn by 2027, and improve access in rural areas by at least 40 per cent. This will also equip three million…
- 15 Sept 2024
100Pay Expands Crypto Adoption with $200K Startup Fund
100Pay, one of the leading players in the crypto payments industry, has announced a significant step forward in promoting cryptocurrency adoption across Nigeria with the launch of a $200,000 startup…
- 27 May 2017
7 Ways to Fund Your Startup Idea as A Nigerian
A fantastic business remains an idea if pragmatic steps are not taken to bring it to fruition. A huge complaint, drawback or excuse many give is that there is no money to fund the startup or business…
- 30 Jan 2024
African Startup Funding Falls 28% to $2.4B in 2023
Total investment into the African digital startup ecosystem dropped by 27.8% to $2.4 billion in 2023, showing the global capital crisis had reached the continent. This is according to research house…
- 22 Mar 2025
Nigeria to Launch $40 Million Fund for Tech Startups
Nigeria has plans to launch a $40 million fund to support early-stage tech startups, aiming to strengthen the country’s entrepreneurial ecosystem and reduce young companies’ reliance on private…
- 6 Sept 2022
Google Selects 60 Startups for its Second Black Founders Fund Cohort
Google has announced that 60 eligible black-founded startups across Africa have been selected for the second cohort of Google for Startups Black Founders Fund (BFF) for Africa. The startups joining…
- 19 Nov 2021
BoI Offers Funding Opportunities for Startups
The Bank of Industry has unveiled new funding opportunities for tech startups with creative solutions to problems faced by Nigerians. Kayode Pitan, the Managing Director of the bank, noted that…
- 10 Mar 2026
Africa Startups Raised $272m in Funding in February
Forty startups across the continent raised more than $272 million in funding last month through deals worth at least $100,000. The figure marks a clear rise from $174 million in January and is…
- 17 Jan 2022
Nigeria Startups Raise $2.5Bn in Funding in 5 Years
Startups in Nigeria have raised about $2.5 billion in the last five years, representing aggregate funding, which startups received between 2017 and last year. For instance last year, startups…
- 12 Dec 2025
Top Nigerian Startups Secure Funding Boost @ iHatch Demo Day Awards
Nigeria’s startup ecosystem received a fresh injection of momentum as top emerging ventures secured funding and investor attention at the iHatch National Demo Day, where Interface Africa clinched the…
- 20 Apr 2023
Creative Ways to Raise Business Startup Funds During Tough Times
It is said that small and medium sized enterprises mostly rely on internal finances or cash from friends and family to begin, and initially manage their businesses. According to a report by the World…
- 13 Nov 2023
AfDB to Disburse $618m to Nigeria for Startup Funding
The African Development Bank (AfDB) said it has finalised arrangements to disburse the sum of $618 million for the implementation of Nigeria’s investment in the digital and creative enterprise…
- 29 Dec 2021
AfDB Approves €10.5m Pooled Investment in Startup Fund
The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5m to drive technological innovation across sub-Saharan Africa. The AfDB announced this in a…
- 26 Apr 2019
Raising Startup Funds is No Longer Rocket Science
By Adeniyi Ogunfowoke, The biggest challenge most entrepreneurs encounter today is raising capital. The underlying fact is that without capital you cannot establish a business no matter the…
- 10 Nov 2025
FG Backs $64m Tech Fund, Unveils New Startup Financing Plans Under iDICE Programme
Nigeria’s Investment in Digital and Creative Enterprises (iDICE) programme has announced plans to launch two new funds in 2026 to expand financing opportunities for startups in the country’s…
- 30 Jan 2025
GSMA Launches New Innovation Fund for Startups in Africa, Others
The GSMA, in partnership with the UK Foreign, Commonwealth & Development Office (FCDO) has launched the GSMA Innovation Fund for Impactful AI , to empower small and growing enterprises in…
- 11 Jun 2025
African Startups Raised $345m in Funding in May
African startups raised more than $345 million across 65 deals in May, more than double the amount raised in the same period of last year, according to a report by Briter, a research and business…
- 18 Feb 2020
Carbon Launches $100,000 Entrepreneurship Fund to Champion African Startups
Carbon has set up a $100,000 Pan-African fund to address the lack of funding and support holding back budding tech entrepreneurs on the continent. Carbon’s Disrupt fund, the first of its kind by an…
- 20 Jun 2023
Google Unveils 25 African Startups Shortlisted to Receive $4M Black Founders Fund
Google for Startups (GfS) has announced the 25 African-based startups selected for this year’s $4million Black Founders Fund. The Black Founders Fund, now in its third year, aims to help tackle…
- 10 Dec 2017
GenesysIGNITE Doles Out $10,000 Seed Fund for 3 Startups In SE
By peter oluka GenesysIGNITE , an annual event that seeks to congregate technology hubs from all parts of the south-east and south-south regions of Nigeria, has doled out $10,000 to fund three ideas…
- 10 Jul 2024
Innovate Africa Launches with $2.5M Angel Fund for Early-Stage Africa-Focused Startups
Innovate Africa, an angel investment fund that supports early-stage founders in funding life-changing ideas, taking startups from conception to product and financing innovative ventures, has launched…
- 12 Nov 2020
Pacer Ventures partners Founder Institute, Doles Out $3M Fund for Early-Stage African Startups
Pacer Ventures has announced a $3M fund for early-stage African startups that are solving some of the most critical problems on the continent. The focus will be on verticals expedient to the African…
- 26 Mar 2024
IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors,…
- 10 Sept 2024
NCAIR Launches ₦100m AI Fund Supported by Google to Empower Local Startups
National Centre for Artificial Intelligence and Robotics (NCAIR), with support from Google, on Tuesday announced the launch of the AI Fund, a ₦100 million initiative aimed at supporting Nigerian…
- 28 Mar 2023
Fez Delivery, Nigeria's Techstars-backed Logistics Startup Raises $1m Seed Fund
Fez Delivery, a leading logistics and delivery company, announced its $1 million seed round today. Ventures Platform led the funding round, with participation from Voltron Capital, Acasia Ventures…