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These specialized Africa VC funds are welcoming co-investors

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For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working...

The Station: Lucid Motors spy shot and the birth of an...

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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every...

After VCs spend millions Nigeria restricts ride-hail motorbike taxis

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Nigeria’s commercial hub of Lagos has shaken up its transportation order. At the center are the West African country’s motorcycle taxis — referred to locally...

TLcom Capital closes $71M Africa fund with plans to back 12...

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VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the...

Africa Roundup: Trump’s Nigeria ban, Paga’s acquisition and raises — Fluterwave...

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The first month of the new-year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration...

Nigeria is becoming Africa’s unofficial tech capital

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Africa has one of the world’s fastest growing tech markets and Nigeria is becoming its unofficial capital. While the West African nation is commonly associated...

Trump to halt immigration from Africa’s top tech hub, Nigeria

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The Trump administration announced Friday it would halt immigration from Nigeria — Africa’s most populous nation with the continent’s largest economy and leading tech...

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

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Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet...

Solar based ISP startup Tizeti launches 4G LTE network in Nigeria

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Nigerian internet service provider Tizeti has launched its first 4G LTE network. The Y-Combinator backed startup — that uses solar powered towers to deliver net...

Nigerian online-only bank startup Kuda raises $1.6M

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Nigerian fintech startup Kuda — a digital-only retail bank — has raised $1.6 million in pre-seed funding. The Lagos and London-based company recently launched the...