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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
The founders of Skype and Flutterwave are supporting a $205 million tech fund for Africa
The National Institute of Health has declared $3million funding for Alzheimer’s research in Africa.
AFEX, a Nigerian commodities startup, secures $26.5 million in funding from BII.
The National Museum of the American Latino, part of the Smithsonian Institution, has been awarded a $10 million grant from Lilly Endowment Inc.
Biden and Harris have revealed a $3 billion increase in funding to support Black-owned businesses.
BluePeak Private Capital has successfully completed the fundraising of a $156 million fund aimed at providing financial support to businesses in Africa.
Goodwell Leads $1.5 million Extension Round For Emerging Market nsurtech Inclusivity Solutions
The Mastercard Foundation Fellowship on Entrepreneurship for African students and recent graduates, hosted by Jim Leech, will be available in 2024.
In its tenth cohort, 100X. Venture Capitals(VC) has made investments totaling $2.3 million in 15 startups.
YouTrip secures $50 million in funding for its payment platform: A summary of recent startup funding activities.
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