Money

Here’s How African Tech Startups raised USD129million funding in 2016 1
- Money, Technology
- January 18, 2017
African tech startups have continued to project that Africa remains a significant destination for investment in technology, raising a total of USD129 million in 2016. Year 2016 was gloomy across Africa, with enough economic contractions, and other tell-tale signs to discourage any investor from wagering their dough on the continent. Ironically, the African tech scene
READ MORE
Apply for the Lagos State 25Bn Naira loan for MSMEs 0
- Entrepreneurs, General, Money
- January 9, 2017
The Lagos State Government through the Lagos State Employment Trust Fund (LSETF) has committed 25 billion Naira to the funding of 1,000 Micro, Small, and Medium Enterprises owned by residents of Lagos state. The fund will be disbursed according to the size of the applicants’ businesses where micro enterprises can access a maximum loan of
READ MORE
Tony Elumelu Foundation signs MoU to invest $100m in the Nigerian creative industry 0
- Agribusiness, Money
- October 6, 2016
The Tony Elumelu Foundation and the Ministry of Information, Culture and Tourism on Wednesday, 5th of October signed a memorandum of understanding (MoU) at the National Theatre, Iganmu – Lagos to invest the sum of $100 million for the development of the creative and arts industry in Nigeria. This idea was borne out of a
READ MORE

5 places you can get funds for your agribusiness in Africa 83
- Entrepreneurs, Money
- September 23, 2016
The Maendeleo Agricultural Enterprise Fund (MAEF). Launched in 2011, the Maendeleo Agricultural Enterprise Fund is a venture philanthropy programme managed by Farm Africa. MAEF works to identify, support and scale-up rural enterprises that contribute to a functioning market. MAEF builds upon the success of the Maendeleo Agricultural Technology Fund (MATF), which provided small-scale farmers in
READ MORE
ToLet.com.ng raises $1.2m from Frontier Digital Ventures 1
- Companies, Money, Technology
- September 20, 2016
Lagos-based real estate classifieds start-up ToLet.com.ng today announces it closed a $1.2 million Series A round of funding from Frontier Digital Ventures. “The new funds raised will be used to improve the platform’s technology offering to both property seekers as well as that used by listing agents. The rest of the funds will be channelled into improved
READ MORE
Seedstars world calls for applications from Kenyans 0
- Entrepreneurs, Money
- September 16, 2016
Applications are now open for the Kenyan leg of the Seedstars World – a global startups competition, which will see one company selected to pitch at the global final in Switzerland for the chance to win US$1 million in equity investment. With winners already selected from a number of African countries like Egypt, Tunisia, South
READ MORE