Funding Startup

Janngo Capital Receives an Investment Approval of $12m For its Start-up Fund

Janngo Capital, an African social startup studio, has announced that it has received an investment approval of $12 million (€10.5m)

Titan Trust Bank
Acquisition

Titan Trust Bank Acquires 104-Year-Old Union Bank

Titan Trust Bank Limited, which commenced operations in October 2019 has announced that it has acquired Union Bank of Nigeria

Mastercard
Partnership Payment

Mastercard and Jumia Donate 25 000 Trees to Support Priceless Planet Coalition

Mastercard and Jumia have partnered on a Black Friday promotion to enable Mastercard cardholders to support the forest restoration projects

TradeDepot
Ecommerce Funding Investment Venture Capital

Nigerian B2B eCommerce Startup TradeDepot Raises $110m Series B Investment

TradeDepot, a Nigerian B2B eCommerce startup, has raised a $110 million Series B in an equity and debt funding round

Twitter
Appointment Social Media Twitter

Jack Dorsey Resigns as Twitter CEO, Parag Agrawal Takes Over

Twitter has announced that Jack Dorsey has decided to step down as Chief Executive Officer and that the Board of Directors has

Ecommerce

Top B2B Ecommerce Marketplaces Digitising Informal Trade in Nigeria

SMEs and Mom and Pop stores in Nigeria have basically operated offline over the years. They figuratively ran away from

Tony Elumelu Foundation
Entrepreneurship Funding News

5000 African SMEs Join Tony Elumelu Foundation 2021 Entrepreneurship Programme

Each Tony Elumelu Foundation entrepreneur receives non-refundable US$5,000; 68% of beneficiaries are women entrepreneurs The Tony Elumelu Foundation (TEF) has

Releaf
Partnership

Releaf Partners With IITA to Improve Growth and Sustainability in Oil Palm Production

Releaf, an agtech startup that develops proprietary hardware and software solutions that make African farmers and food factories more efficient

Amethis
AgricTech Funding Venture Capital

KfW, Sahel Capital Launch $24m Social Enterprise Fund for Agriculture in Africa

Sahel Capital, a fund manager, and advisory firm, has announced the launch of the Social Enterprise Fund for Agriculture in

MNT-Halan
Fintech Funding Investment Venture Capital

Egyptian Fintech Startup, MNT-Halan Raises $120m Funding From Global Investors

MNT-Halan, Egypt’s leading fintech ecosystem, announced today that it has raised around US$120 million in investment from major global and