Private capital fundraising in Africa more than doubled in 2024 to $4.0 billion, marking the third-highest final close value on the continent in the past decade.
OpenAI, the artificial intelligence powerhouse valued at $157 billion after a recent $6.6 billion funding, is exploring a significant shift from its non-profit origins to a more conventional for-profit business model.
Nigerian startup, Moove has raised $100 million in a Series B round led by Uber bringing its valuation to $750 million
Nigerian startup, Zone, has raised $8.5 million in an oversubscribed seed funding round led by VC firms Flourish Ventures and TLcom Capital.
Startups across Africa raised a total of $217 million in February 2024, representing a 182% increase when compared with January.
Fintech has continued to be the most attractive ecosystem for investors
A startup requires only one thing: Capital. Without capital, a startup is likely to fail before bringing a...
It is time that Nigerian celebrities stopped exhibiting their cars and mansions and started funding university endowments.
Maybe it's time we rethink the excitement of fund raising capital An entrepreneur (E1) was trying to introduce...