Autochek
Automobile Funding Investment Venture Capital

Autochek Secures $13.1mn Seed Funding Co-led by TLCom and 4DX Ventures

Autochek has secured $13.1mn in seed funding co-led by follow-on investors, TLcom Capital, and 4DX Ventures. The round also included

First Bank
Banking

Confirmed! Femi Otedola Becomes Majority Shareholder of First Bank

Femi Otedola, the Nigerian billionaire, has officially been confirmed as the majority shareholder of First Bank Holdings PLC, with a

First Bank
Banking Regulation

Femi Otedola Takes over First Bank After Reportedly Buying N30bn Worth of Shares

Femi Otedola, the Nigerian billionaire, has become the majority shareholder of First Bank after reportedly buying a whooping N30 billion

Autochek
Automobile

Autochek Officially Launches Operations in Kenya

Autochek, the Nigerian cars marketplace, has officially launched operations in Kenya as part of its pan-African expansion. This expansion was

Asante
Fintech Funding Investment Venture Capital

Asante Closes $7.5m Series A Funding to Close the Gap in MSME Lending in Africa

Asante Financial Services, an Africa-focused fintech, has raised Series A investment to scale its credit offerings to the underserved segment of

Alerzo
Ecommerce Retail

Nigerian B2B eCommerce Retail Startup, Alerzo Acquires Shago Payments

Alerzo, a Nigerian B2B eCommerce retail startup, has announced that it has acquired Shago Payments to accelerate its transformation from

Acquisition

Days After Raising $20m, South Africa’s Finclusion Group Acquires Stake in HelloHR

Finclusion Group has announced the acquisition of a strategic stake in HelloHR, a South African payroll software startup. This comes

Infibranches
Fintech Funding Investment Renewable Energy

Infibranches, a Nigerian Fintech Startup Serving Solar Firms Raises $2m Funding From All On

Infibranches, a Nigerian fintech startup serving solar firm, has raised a $2 million investment from Shell-backed investment company, All On

Prospa
Fintech Funding Investment Venture Capital

Nigerian Fintech Startup, Prospa Raises $3.8m Pre-seed Investment

Prospa, a Y Combinator-backed Nigerian fintech startup, has raised a $3.8 million pre-seed investment from venture funds including Global Founders

Wave
Fintech Funding Investment Venture Capital

Senegal-based Wave Becomes Francophone Africa 1st Unicorn After Raising $200m Funding

Wave, the U.S., and Senegal-based mobile money startup, has become the first unicorn in francophone Africa after raising $200 million