Biochar Industrial Group (BIG) Raises $1.5 Million to Scale Up Carbon Removal
Biochar Industrial Group (BIG) has raised $1.5 million in pre-seed funding to expand its innovative carbon-removal operations across the continent. This funding round, announced...
Terra Industries Backs Nigerian Startup Aeon with $1m in Pre-seed Funding
Nigeria's defence-tech giant, Terra Industries has led a $1 million pre-seed investment into Aeon, a Nigerian cybersecurity startup with a bold vision. The funding...
Complete Farmer Gets $2.4 Million Funding to Boost Thousands of Farmers in Africa
The International Finance Corporation, working with a new global financing initiative called the Business Investment Financing Track (BIFT), announced it had provided a $2.4...
Nigeria’s Education Ministry Rolls Out ₦50 Million Equity-Free Grant to Student Innovators
The Federal Government of Nigeria has officially opened applications for the second cohort of the Student Venture Capital Grant (S‑VCG). This programme offers up...
U.S. Startup Odyssey Energy Solutions Raises $74 Million to Boost Clean Energy Across Nigeria and Beyond
In a major development for Africa’s energy sector, an American startup with significant operations in Nigeria’s clean energy space has raised a total of...
Chipmango Secures $1.9 Million to Unlock Opportunities for Africans in Semiconductor Production
ChipMango, a semiconductor technology company that designs chips and trains engineers, has raised $1.9 million in seed funding. This investment will help the company...
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 Newest Unicorn Moove, 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...
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...
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...
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...
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...
