Out of the 12 startups in the FA23 cohort, nine are Nigerian, and one each from Kenya, Tanzania, and Ghana. Also, fintech startups dominated the cohort.
The feature is set to be shut down by October 31st, leaving users with a major change in how they share content on the platform.
The Central Bank of Nigeria (CBN) on Wednesday announced that it has unveiled a digital platform for the submission of Microfinance Bank (MFB) licence applications.
Nigerian autotech startup, Fixit45 has secured $1.9 million in a pre-seed round led by Launch Africa Ventures, to drive its East African expansion
EBANX has expanded into eight African countries: Ivory Coast, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. The LatAm fintech unicorn is now present in eleven African markets.
Complete Farmer secures a $10.4 million pre-Series A funding made up of $7 million in equity and $3.4 million in debt to connect farmers to global food buyers.
The Bolt Accelerator Program aspires to redefine drivers as entrepreneurs, contributing to economic growth prospects in Nigeria.