Funding & Capital

Nomba, Synafare Target 300 Nigerian Startups With $1.4 million Solar Financing

In a move that promises to reshape how small businesses in Nigeria access energy, two innovative companies have joined forces to provide a significant...

Nigeria’s Standout Defense-tech Terra Industries Raises Historic $52M and Expands to London

African technology has reached a milestone that was previously unimaginable just a few years ago. Terra Industries, a Nigerian defence-technology startup founded in 2024...

Investors Bet $22 Million on Moment, a Pan-African Fintech, in a Series A Round

The African technology sector has received a massive vote of confidence as the pan-African payments platform Moment secured $22 million in a successful Series...

Nigeria’s Biggest Corporate Ventures That Are Strategically Funding Agritech Startups

Agriculture remains the backbone of the Nigerian economy. It employs over 23% of the country's workforce and contributes significantly to the national Gross Domestic...

The Role Of Diaspora Funding In Nigeria’s Startup Ecosystem

Billions of dollars flow into Nigeria from its citizens living abroad annually. In fact, Nigerians in the diaspora send home about $20 billion annually,...

Nigeria’s Newest Unicorn Shows How First-Time Founders Are Building Billion-Dollar Companies

A privately held startup company valued at one billion dollars or more is known as a unicorn. The name comes from the idea that...

Novastar Ventures and Google Team Up to Power Africa’s Next Generation of AI Startups

A Nairobi-based venture capital firm, Novastar Ventures has launched a new initiative specifically designed for African startups that use artificial intelligence. Known as the...

Nigerian Fintech, Stabyl raises $2.7 Million to Solve FX Liquidity Problem

Sourcing foreign exchange remains one of the biggest challenge facing businesses operating across Africa today. They struggle to find available foreign currency to settle...

Solar Startup Eja-Ice Secures $1 Million Funding to Expand Cold Storage Across Nigeria

A Nigerian clean technology company, Eja-Ice (often referred to locally as Ije-Ice), has secured a $1 million investment to expand its solar-powered refrigeration and...

AI Infrastructure Startup, AethexAI Secures $3 Million in Pre-Seed Funding

A fast rising startup named AethexAI has officially stepped into the spotlight by securing $3 million in pre-seed funding. This significant financial boost is...

A Guide To Attracting Angel Investment For Nigerian Startups

Raising early-stage capital is one of the greatest hurdles for any founder in the Nigerian tech ecosystem. The funding landscape has undergone significant changes....

Flutterwave Hits $3.2B Valuation Following a New Series E Round

African financial technology giant Flutterwave has achieved a major milestone. The company has received additional funding in a new Series E round which has...

Nigeria’s Top 10 Corporate Ventures That Are Funding Tech Startups

Nigeria’s startup ecosystem is one of the most vibrant in Africa. Young entrepreneurs are solving big problems in fintech, agritech, health, logistics, education, and...

CreditChek Secures $600,000 Seed Capital, While LemFi Hits €30 Million Series B Extension

Two promising African fintech companies have recently attracted significant investments, demonstrating the growing confidence of investors in Africa's digital finance sector. CreditChek, a Nigerian company...

Cascador Boosts 7 Nigerian Tech Startups With Over $5 Million In Funding

Cascador, an investment and training platform focused on growing African tech startups, has recently made a significant contribution to Nigeria's startup ecosystem. At its...

How Lagos-based Startup, Cybervergent, Secured $3 Million In Funding

In a big win for African technology, a startup called Cybervergent recently raised three million American dollars in seed funding. This money will help...

Digital Africa Seed Fund Launches $58M for Overlooked Tech Markets

Missed by VCs? Digital Africa Seed Fund Just Launched Undoubtedly, every early-stage tech founder in Africa knows about the exhausting hurdles of the funding canyon....

How Startup Funding Works; And Why Most Founders Get It Wrong

There is a moment every founder knows, usually somewhere between a delayed payroll cycle and another investor follow-up email that quietly disappears, when the...

South East Venture Capital Program (SEVCP) Offers Big Opportunity for Nigerian Startups

The South East Development Commission (SEDC) has launched a major new program to help startups grow. It is called the South East Venture Capital...

Nigerian Founders And The Startup Funding Landscape In 2026

The year 2026 presents a new reality for Nigerian founders, with the days of easy money in tech now behind them. In this article,...

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