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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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OTHER NEWS
Africa Investment Forum has attracted investor interest totaling $34.82 billion.
Funding Options for Hispanic- and Latino-Owned Businesses
Wits University obtains $300,000 research funding for studies on Digital Transformation.
Apple has reached a settlement of $25 million with the United States regarding the employment of immigrants.
Venture capital funding has faced challenges and setbacks this year, contributing to a less-than-ideal environment for investment.
Polygon Labs has initiated an $85 million grant initiative designed to attract developers to its ecosystem.
Novastar Ventures, a venture capital firm operating across Africa, secures $80 million in capital from Japan’s SBI Holdings.
Recruitment startup JOBJACK secures $2.5 million in funding to address the issue of unemployment.
Financial constraints; African startups secured $156.2 million in funding during the month of October.
Indonesia’s president pushes US over delayed $20bn funding for green transition
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