Kenya Leads Africa in Startup Funding as Nigeria Trails in 2024
In 2024, Kenya solidified its position as Africa's top destination for startup funding, leaving Nigeria trailing for the second consecutive ...
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Tag: Nigerian startups
YC-Backed Mecho Autotech Lays Off Staff Amid Economic Struggles
Mecho Autotech, a Nigerian auto-tech startup offering vehicle repairs, spare parts, and maintenance services, has laid off part its workforce ...
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PBR Life Sciences Raises $1M to Revolutionize Healthcare Data in Africa
PBR Life Sciences, a healthcare data analytics company backed by Techstars, has secured $1 million in pre-seed funding. The funding ...
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Nigeria’s Juicyway Secures $3 million to solve Cross-Border FX Challenges
Juicyway, a Nigerian cross-border payments startup, has raised $3 million in pre-seed funding to expand its operations in Nigeria, the ...
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Nearly Half of Nigerian Startups Earn Less Than ₦10M Annually
A recent report by TLP Advisory, a venture capital law firm revealed the alarming financial struggles within Nigeria's startup ecosystem. ...
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Nigerian healthcare startup MDaas expands to Francophone countries
Nigerian healthcare startup MDaaS has opened its first clinic in Douala, Cameroon, marking its entry into Francophone Africa. This expansion ...
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PaidHR Seeks $1.5M to Scale Cross-Border Payroll Solution
PaidHR, a Nigerian HR startup, is seeking to raise $1.5 million in a seed round to expand into new markets. ...
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Nigerian Startup Regfyl Raises $1.1 Million in Pre-Seed Funding
Regfyl, a Nigerian company that provides digital identity verification and fraud detection tools to businesses, has raised $1.1 million in ...
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