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STARTUP FUNDING
Nigerian startups have faced significant challenges in securing funding, with a noticeable decline in investments for African tech startups from 2020 to 2024, despite Nigeria being a major hub for startups.
Nigeria lost the top position in terms of startup funding in Africa to Kenya in 2023 as startups in the East African country attracted the largest amount of funding in the year, topping the table with about $800 million.
One peculiar thing among startups is that they constantly seek funding from investors to enable them to scale
Startups operating across several sectors in Nigeria raised an estimated $248.6 million, an equivalent of N102.77 billion funding...
Once I listen to their pitches, I usually know if they will be able to raise the money from a VC or not.
Nigerian start-ups lead other African businesses in investment attraction, Disrupt Africa revealed in a report that estimated 210 African start-ups secured $334.5 million worth of investments in 2018.
Here, we take a closer look at the types of rounds and what they mean.
I have been wanting to write this article for some time now, but something always came up every...
Congratulations on closing your funding round. Sure, it was a long and hectic process… Finally, you are here…...
With entrepreneurship as the main thing in the country now, several people are coming up with solid business...