Lagos
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Finance
TLcom Capital closes $71M Africa fund with plans to back 12 startups
VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12…
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Finance
Nigeria is becoming Africa’s unofficial tech capital
Africa has one of the world’s fastest growing tech markets and Nigeria is becoming its unofficial capital. While the West…
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Trends
Trump to halt immigration from Africa’s top tech hub, Nigeria
The Trump administration announced Friday it would halt immigration from Nigeria — Africa’s most populous nation with the continent’s largest…
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Trends
Opera’s Africa fintech startup OPay gains $120M from Chinese investors
Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos…
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Trends
Solar based ISP startup Tizeti launches 4G LTE network in Nigeria
Nigerian internet service provider Tizeti has launched its first 4G LTE network. The Y-Combinator backed startup — that uses solar…
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Finance
Nigerian online-only bank startup Kuda raises $1.6M
Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and…
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Trends
DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s…
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Finance
Accion Venture Lab launches $23M inclusive fintech startup fund
Accion Venture Lab—the seed-stage investment arm of non-profit Accion—has raised $23 million for a new inclusive fintech startup fund. The…
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