FX risk, others stall venture capital funding in Africa
Foreign exchange risk, difficulty in repatriating funds and other challenges are limiting venture capital financing in Africa, experts have said.
In 2021, $5.2 billion was raised in…
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venture capital
Nigeria’s Venture capital deals now five times of FDI
Venture capital investment into Nigeria is now five times the amount of Foreign Direct Investment in Africa's biggest economy.
Venture capital investment in the country has ballooned from…
Cruxstone, LSDPC joint venture opens homeownership window at Iconic Tower
Iconic Towers, a new residential development in a highbrow neighbourhood in Lagos, is about the latest homeownership and investment destination in town for home seekers and savvy investors,…
Olumide Soyombo: from selling mail accounts to funding startups
It started in 1996, Yahoo was just incorporated and went on to become the most popular starting point for web users and the top search engine receiving 95 million page views per day.
That…
With $663.2m, Nigeria again tops startup investments in Africa
The year 2019 was a good year for Nigerian ventures as the country raked in $663.24 million, the highest amount of venture capital money secured by an African country in the year, according…