Kenya, Egypt overtake Nigeria in value of startup funding in H1 2023

The top four countries highlighted in the report are Kenya ($520 million), Egypt ($510 million), South Africa ($400 million), and Rwanda ($280 million). Nigeria ($280 million) ranks fifth on the continent in terms of funding volume. Despite Nigerian startups ranking fifth, the country leads in the number of deals on the continent with 101 deals.

Nigerian startups in tech, medical research to qualify for $50,000 equity investment

The 2023 edition of the MEST AfricaChallenge (MAC) has initiated its application process for African startups to be done in collaboration with Absa Bank, focusing on early-stage technology startups operating within Ghana, Nigeria, Senegal, Kenya, and South Africa. In a document seen by Nairametrics, the MEST Africa Challenge is an opportunity for startups to secure

Chairman Lagos Scrabble applauds PANASA President’s Cup – The Sun Nigeria

The Chairman of Lagos State Monopoly and Scrabble Association (LSMSA), Engineer Dipo Akanbi, says the inaugural edition of the Pan African Scrabble Association,(PANASA) President’s Cup (PPC) is a world class event that compares favourably with the last WESPA Championship in Las Vegas, Nevada, USA. He gave this verdict on Saturday with First Zealmediacast Blog, on

Changera Enables Cash-to-Crypto Deposits, Withdrawals || Business Post Nigeria

By Aduragbemi Omiyale Customers of a cross-border payments startup, Changera, especially those in Nigeria, Ghana, Kenya and Canada, can now execute cash-to-crypto deposits and withdrawals. A statement from the firm disclosed that this has been made possible with its partnership with a global leader in digital peer-to-peer (P2P) payments, MoneyGram. It said direct cash deposits

To move China-South Africa ties toward deeper level with higher quality, broader scope

Local employees work in a workshop of an industrial park of Chinese appliance manufacturer Hisense in South Africa. (Photo by Zou Song/People’s Daily) This year marks the 25th anniversary of diplomatic relations between China and South Africa. Over the past 25 years since the establishment of diplomatic ties, our relationship has achieved leapfrog development-from a

SGI Dubai 2023 set to bolster African printing industry to experience unprecedented growth

Home » General » SGI Dubai 2023 set to bolster African printing industry to experience unprecedented growth SGI Dubai (www.SignMiddleEast.com), the leading global showcase for cutting-edge printing and signage solutions, is gearing up to revolutionize the African industry landscape. Set to be held at the prestigious Dubai World Trade Centre from 18th to 20th September,

Super Falcons move up in FIFA ranking – Blueprint Newspapers Limited

Falcons of Nigeria have moved up eight places in the latest August FIFA Women’s ranking released on Friday.Ranked 40th in the previous edition, the Randy Waldrum led ladies’ 2023 Women’s World Cup performances saw them climb eight places and now ranked 32nd. They remained Africa’s best team at number one.On June 9, Super Falcons moved

How MFS Africa created a digital payment network

This article is a slightly edited excerpt of an African Hidden Champions case study, titled MFS Africa: Making borders matter less. African Hidden Champions is an initiative by Africa Foresight Group, DEG and the African Development Bank Group. The story of how MFS Africa built a digital payment network that connects African countries to each