September 17, 2021

$100M innovation fund to fuel tech investments across Africa

The Global Innovation Initiative Group (GIIG) stands out as an investment vehicle supporting early-stage tech startups by establishing a new fund aimed at investing in early tech innovation startups across Africa. The Curaçao-based private investment fund, GIIG Africa Fund, invested annually in winner pools across the African region of the Global Startup Awards (GSA) – […]

September 16, 2021

Savannah Fund launches $25M fund to invest in African startups at seed and Series A

Savannah Fund, a pan-African venture capital firm, today announced a $25 million fund as it looks to back more early-stage startups on the continent. Since launching in 2012, Savannah Fund — led by Mbwana Alliy and Paul Bragiel — has backed more than 30 startups. Some of its well-known investments include South African car subscription […]

September 14, 2021

Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa

Uncovered Fund, a VC firm targeting early-stage startups in Africa, announced today that it has launched its $15 million fund, which is expected to close at the end of June this year. The Tokyo-based outfit founded by Takuma Terakubo in 2019 will invest $50,000 to $500,000 in African startups in seed and Series A stages. […]

September 13, 2021

Online Platform Offers Funds To Female Entrepreneurs In Nigeria

The online platform is expected to give access to finance and e-commerce to business women in the country. The Marketplace is an extension of the services provided by the “She Works Here” – an all-women’s project that ensures sustainability and is resilient to economic shocks. An Independent consultant, Gloria Ekpo says the app gives women […]

September 9, 2021

United Nations Africa 2021 B.I.S Grant

B.I.S Grant 2021 The United Nations Economic Commission for Africa B.I.S (Business. Idea. Startup) Grant awards $25,000 to Africans with innovative ideas, brilliant startups and growing businesses. PROGRAMME BREAKDOWN UNECA Grant for Businesses, Ideas & Startups Whether it’s just an idea or an established business, our programme is structured to assist you access funds. Target […]

September 9, 2021

ICD, Jaiz Bank sign $25m deal to support SMEs in Nigeria

The Chief Executive Officer (CEO) of the Islamic Corporation for Development (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group, Ayman Sejiny, and the Managing Director and CEO of Jaiz Bank-Nigeria, Hassan Usman, signed a $25 million Shariah-compliant line of financing agreement to support SMEs in Nigeria, including those adversely affected by […]

September 7, 2021

Apply For 2022 NYSC Trust Fund Application Form & Link Portal – FG To Lift 100M Out Of Poverty Via Trust Fund

FG to Lift 100M Out of Poverty via Trust Fund. National Youth Service Corps Trust Fund Application Form for Nigerians Youth Serving Corp Members across the Federation – apply online here. Are you among Nigerians Youth Serving Corp Members or those aspiring for Service? Have you heard about NYSC Trust Fund? Opportunity is here for […]

September 3, 2021

Fulfilling its Mandate by Championing Provision of Funds, DBN Disburses N400bn to SMEs in Four Years

The Development Bank of Nigeria Plc disbursed a total of N400 billion to Small and Medium Enterprises (SMEs) in the country in the past four years, its Chief Executive Officer (CEO), Mr. Tony Okpanachi disclosed yesterday. The DBN boss said, “It is at times like this that our mandate at the Development Bank of Nigeria […]

September 1, 2021

LoftyInc Capital launches Third Fund At $10M For A More Diverse Portfolio Of African Startups

n-African VC firm, announced today that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 million for tech startups in Africa. The firm has reached the first close of $5.5 million. Some of the limited partners in the vehicle include those from its second fund, FBNQuest Funds, syndicates from The […]

August 30, 2021

Applications Open For This Year’s Edition Of Pitch AgriHack

Applications are now open for this year’s edition of the Pitch AgriHack competition, which provides cash grants to innovators increasing the use of technology and creating jobs across Africa’s agricultural sector. Run by AGRF and Heifer International, Pitch AgriHack is focused on accelerating entrepreneurial growth and job creation in the agriculture sector by leveraging advanced […]

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