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Microsoft Commits $1M to Train 1 Million Nigerians in AI, Fueling Africa’s Tech Revolution
Nigeria’s Inflation Falls to 24.48% After CPI Rebase — Down from 34.8%
Nigerian Banking Stocks Soar 12.24% as Lenders Secure $662M in Fresh Capital
Nigeria’s Consumer Credit Surges to N4.42 Trillion in November 2024 as Inflation Fears Mount – CBN
Aliko Dangote Bets Big on Ethiopia with Bold $400M Cement Plant Expansion
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STARTUPS
MANSA Lands $10M from Tether to Revolutionize Cross-Border Payments and Tackle Liquidity Challenges
Microsoft Commits $1M to Train 1 Million Nigerians in AI, Fueling Africa’s Tech Revolution
Johnvents Group Lands $40.5M from BII to Transform Nigeria’s Cocoa Sector
From $150,000 to a 53x Payday: How Oui Capital Struck Gold with Moniepoint
Applications now open for the 4th edition of the AfricaTech Awards by VivaTech.
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PUBLIC SECTOR
Aliko Dangote Bets Big on Ethiopia with Bold $400M Cement Plant Expansion
Nigerian GRAMMY-Winning Singer-Songwriter Tems Joins San Diego FC as Club Partner
US Ends Visa Drop Box Service in Nigeria- What You Need to Know!
Diageo Strikes $81M Deal to Sell Majority Stake in Guinness Ghana to Castel Group
Geregu Power Soars: N137 Billion Revenue, 71% Profit Surge, and N21.25 Billion Dividend
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GLOBAL NEWS
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Year:
2023
Equity funding experiences a deceleration, debt financing has surged to $1.1 billion, marking a substantial increase in financial support for various ventures.
Cracking the Code: The Untold Challenges Blocking African Startups from Venture Capital Goldmines
A Comprehensive Guide to Venture Funding in Africa: Navigating Opportunities and Challenges
Application: €1.5 million funding dedicated to African data governance initiatives
A surge in African startups is turning to debt financing amid a decline in equity funding.
The United Nations cautions of a substantial deficit in funding amidst a growing number of global crises.
BasiGo, an electric bus startup based in Kenya, has successfully obtained a $5 million debt facility to expand its local manufacturing operations
Mistral, a French artificial intelligence startup, has achieved a valuation of $2 billion following a successful funding round.
Pontera secures $60 million in funding to enhance retirement options for individuals in the United States.
AgriFoodTech sector this week, Cropnosys secures a substantial $45 million in funding, Rockstart announces the launch of its second agrifood fund, and Dave Friedberg takes on a new role
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