30 results
- 6 Jun 2016
1st Nigeria’s Venture Capital Summit Holds in June
The Venture Capital Advocacy Summit, the first of its kind in Nigeria that will bring together all the critical elements that could facilitate the entrenchment of the Venture Capital Culture in the…
- 13 Nov 2023
Global Venture Capital Investment Fell by 30% to $73B in Q3 2023 -Report
Venture capital investment fell sharply in the third quarter of 2023, with global deal value down 30% year-on-year to $73 billion, according to market researcher, PitchBook. This is the lowest level…
- 28 Apr 2018
IFC Venture Capital Supports Disruptive Technologies in Sub-Saharan Africa
IFC, a member of the World Bank Group, has announced that it led the $8.6 million Series A equity investment in Africa’s Talking, a Kenyan based communication-platform-as-a-service (“cPAAS”) API…
- 17 Jul 2017
FG to Boost Music, Film, others with $1m Venture Capital
Alhaji Lai Mohammed, minister of Information and Culture, has announced the establishment of $1million Venture Capital to boost the Creative Industry. The minister made the announcement at the…
- 9 May 2022
Uduanu, Sigma Pensions Boss Seeks Venture Capital for Startups
Mr Dave Uduanu, the managing director and chief executive officer, Sigma Pensions, has said that startups in Nigeria and Africa require more venture capital funding to accelerate their growth. He…
- 8 Feb 2024
Nigerians in Diaspora to Float N100bn Venture Capital Fund, SMEs Bank
A group of Nigerians based in the US, Canada, the Caribbean, Europe and South Africa is planning a N100 billion Venture Capital Fund and also a specialized bank targeted at Small and Medium…
- 5 Jan 2021
Capital Investment in African Tech start-ups Drops by 71.7%
Capital investment into African tech start-ups in 2020 declined by 71.7%, reflecting the disruption of COVID-19 on venture capital flows. According to the African Venture Capital 2020 report by…
- 7 Aug 2024
Founders Factory Africa Rebrands to 54 Collective
Founders Factory Africa (FFA), leading African venture capital firm has announced its rebrand and name change to 54 Collective, evolving its business model to better support transformative technology…
- 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,…
- 7 Nov 2025
Ventures Platform, Nigerian Firm Raises another $64m
Ventures Platform, Nigerian venture capital firm has announced the first close of its second Africa-focused fund, raising $64 million of a planned $75 million. Dotun Olowoporoku, general partner; and…
- 29 Sept 2015
Johnson Joins TLcom Capital to Open Lagos Shop, to Lead W/Africa Investments
Venture capital firm TLcom Capital (TLcom) has announced the appointment of Omobola Johnson the ex-minister of Communications in Nigeria, as a general Partner to open and head their new office in…
- 4 Dec 2023
El-Rufai to Launch New $100m Firm in January
Nasir El-Rufai, former governor, Kaduna State has announced that his Afri-Venture Capital Company, a venture capital/private equity firm, will begin operations in 2024. Nasir El-Rufai, former…
- 31 Oct 2019
TLcom Hosts Africa Female Founder Summit in Lagos
TLcom Capital, the Africa-focussed venture capital firm, on Tuesday held its inaugural Africa Tech Female Founder Summit. Launched to build a collaborative network of Africa’s female tech founders,…
- 8 Dec 2024
Seedstars Africa Ventures I Announces $42m First Close
Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the…
- 17 May 2021
PenOp Partners AVCA on Private Equity Investments
The Pension Fund Operators Association of Nigeria (PenOp) has gone into partnership with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop…
- 29 Nov 2022
Seedstars Launches Platform to Develop Emerging, Diverse VC Managers
Seedstars officially launches Seedstars Capital, its investment platform for emerging venture capital (VC) fund managers with the support of xMultiplied, a Swiss based investment holding company. The…
- 30 Jun 2026
Bank of Industry Appoints Kuramo Capital as Manager of Dice Fund of Funds
The Bank of Industry (BOI), the Implementing Agency for the Investment in Digital and Creative Enterprises (iDICE) Programme of the Federal Government of Nigeria, has announced the appointment of…
- 29 May 2025
Africa Cross-border Payments Set to Hit $1 trillion by 2035
Africa’s cross-border payments market is on track to hit $1 trillion by 2035, according to a new report by venture capital firm Oui Capital. Titled "Africa’s Cross-Border Payment Landscape—a deep…
- 9 Oct 2020
TLcom Announces Second Africa Tech Female Founder Summit
TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of its second Africa Tech Female Founder Summit, which will be held virtually on Tuesday 27th October…
- 5 Oct 2023
TLcom Announces Africa Tech Female Founder Summit 2023
TLcom Capital, the Africa-focused venture capital firm, has officially announced its fifth annual Africa Tech Female Founder Summit, which will be held on Tuesday 14th November 2022 in Lagos,…
- 7 Oct 2021
TLcom Announces 3rd Africa Tech Female Founder Summit
TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of the 2021 Africa Tech Female Founder Summit, which will be held virtually on Wednesday 13th October…
- 12 Oct 2022
TLcom 4th Africa Tech Female Founder Summit to Focus on Scaling Tech Businesses
TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of its fourth annual Africa Tech Female Founder Summit, which will be held on Wednesday 9th November 2022…
- 19 Jun 2023
Seedstars, Fondation Botnar Launch Seedstars Youth Wellbeing Ventures with $20M Investment in Africa
Seedstars Capital and Fondation Botnar have announced the launch of the Seedstars Youth Wellbeing Ventures mandate. Together, they intend to invest $20 million in early-stage, purpose-driven…
- 26 Oct 2021
Autochek Secures $13.1mn Seed Funding to Scale its Technology, Accelerate Expansion
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on investors, TLcom Capital and 4DX Ventures, the…
- 24 Mar 2026
SEDC Launches SEVCP to Expand Access to Capital for Startups
South East Development Commission (SEDC) has launched the South East Venture Capital Programme (SEVCP), to expand access to capital for startups and strengthen Nigeria’s investment landscape. The…
- 8 Jul 2026
Flutterwave Secures Circle Ventures Investment to Deepen USDC Payment
Flutterwave has secured a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group, to accelerate the expansion of its USDC payments and settlement infrastructure…
- 24 Oct 2022
Flourish Ventures Launches Africa-Focused Pre-Seed Investment Platform Madica
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has announced the launch of affiliate Madica, a structured investment program for pre-seed stage…
- 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…
- 22 Sept 2020
Aptive Capital Dangles $10,000 Equity-Investment in Three African Startups
Aptive Capital, a US-based Venture Capital (VC), has announced its investment in three early-stage businesses in Africa; Nigeria, and Uganda. Earlier in June 2020, the Africa-focused investment…
- 22 Sept 2023
Why Debt Financing is so Important for the African Business Market
By Nathaniel Nyika, Chief Investment Officer at Norsad Capital Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic Forum, as engines…