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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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Saviu Ventures, a venture capital firm with a focus on Francophone Africa, successfully secures the first closing of its second fund, reaching a milestone of $13 million.
EchoVC secures $2.5 million in funding for the purpose of supporting environmentally conscious startup ventures.
Failup Ventures, a venture capital firm based in Finland, has successfully secured €30 million in the initial closing of its new early-stage fund.
January to October 2023, UK startups garnered $12 billion in venture capital funding, according to GlobalData’s findings.
The 2023 downturn in venture capital, quantified through statistical analysis, highlights a challenging and competitive environment in the industry.
The Biden-Harris Administration has revealed funding opportunities totaling $74.4 million aimed at enhancing behavioral health.
Indonesia’s president pushes US over delayed $20bn funding for green transition
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.
Neo Mobility has successfully raised $10 million in Seed funding.
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