ShopEX
Ecommerce Funding Investment Venture Capital

ShopEX Raises $635,000, as it Aims to be the QVC of Africa

ShopEX, a multi-channel retail business, has raised pre-seed funding of $400,000 from Cape Town venture capital firm, HAVAÍC. The investment

Techstars
Accelerator

Techstars Launches ARM Labs Techstars Accelerator in Lagos

Techstars, a global investment business that provides access to capital, in partnership with ARM Labs, has announced the launch of the ARM

Edtech

Edtech Startup, Klas Closes $130k to Build an Online Teaching For Africans

Klas, a Nigerian edtech startup, has raisee $130k angel round. The round included Tola Adesanmi (Spleet), Odunayo Eweniyi (Piggyvest), Nadayar Enegesi

Antler
Venture Capital

IFC Participates in Antler East Africa $13.5m Oversubscribed Fund For Early-Stage Entrepreneurs

IFC has announced an investment in the Antler East Africa fund. Antler is an early-stage venture capital fund, focused on

TradeDepot
Funding

African Startups That Raised $100m and Above in 2021

The African startup ecosystem bounced back in 2021 to raise a mind-blowing $4 billion. Briter Bridges says the total 2020

Jumia
Ecommerce Jumia Report

More than 50% of Jumia Sellers in Nigeria, Kenya are Women

Jumia collaborated with the International Finance Corporation (IFC), alongside the European Commission and Kantar Public, on a report titled Women and

Clubhouse
Social Media Technology

FELA! Audio Adaptation to Debut on Clubhouse This May

An audio adaptation of the musical FELA!, written and directed by filmmaker Funa Maduka, will premiere on Clubhouse, the audio-invite

DAAYTA
Competition Entrepreneurship Startup

Tope Sulaimon of Scrapays Wins ₦12m Grant at ARM’s DAAYTA 2021

The finalists’ pitch event for the 2021 edition of the Deji Alli Young Talent Award (DAAYTA) programme held on April

Jumia
Ecommerce Jumia Loans

Jumia Lending Programme Provides Credit Facility For Nigerian Entrepreneurs

Small and Medium Enterprises are the key economic drivers in Nigeria. However, access to funds has been one of the

ARM
Accelerator Fintech

APPLY: ARM Holding Company, Ventures Platform Foundation Launch 3rd Cohort of Labs by ARM

Asset and Resource Management Holding Company (ARM), and  Ventures Platform Foundation have launched the third cohort of Labs by ARM. The fintech-focused accelerator programme