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FGN Secured N346.2 Billion in November Bond Auction
Ariika Raises $3 Million Series A Extension to Accelerate Regional Expansion
Nigeria’s Nollywood Records N3.5 Billion Box Office Revenue in 2024
FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
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STARTUPS
Ariika Raises $3 Million Series A Extension to Accelerate Regional Expansion
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
Orange Egypt Supercharges Africa’s Startup Ecosystem with $52.7M Investment
Top 10 Startups Chosen for African Latitude59 Finals – Winner to Compete in Estonia for €1 Million Prize
Jospong Group Pursues $400 Million Funding from Afrexim Bank for Major African Projects
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PUBLIC SECTOR
FGN Secured N346.2 Billion in November Bond Auction
Nigeria’s Nollywood Records N3.5 Billion Box Office Revenue in 2024
FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
UBA Announces N239.4bn Capital Raise Through Rights Issue
MTN Nigeria Raises ₦75 Billion in Highly Oversubscribed Commercial Paper Offering
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Month:
October 2023
Tony Elumelu disclosed that a sum of $100 million was utilized to support and empower entrepreneurs in Africa.
Seven Ways To Secure Financial Support For The Expansion of Your Business
Amenli has secured a $1 million investment to drive the expansion of its product offerings
Ugandan startup: Emata has successfully raised $2.4 million dollars in seed funding.
LeapFrog Investments intends to secure a $1 billion Dollar fund for the purpose of making investments in Africa.
The Africa Finance Corporation and Turk Eximbank are working together to boost trade and infrastructure investment between Africa and Turkey.
Nigeria’s government has approved a proposed loan of $1.5 billion from the World Bank
Shield Capital has successfully completed its first venture capital fund, raising a total of $186 million.
Kuramo Capital Plans to Allocate $150 million dollars to Funds Led by Women in Africa
Wave: Is there still faith in the practice of Venture capital among VCs?
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