The Warwickshire-based maker of "flat-pack" electric trucks for Africa is facing liquidation unless a rescue deal is found by the weekend. It is a stark reversal for a company that recently touted a $163m expansion deal.
Redtech, the Nigerian fintech subsidiary of Tony Elumelu’s Heirs Holdings, has announced it processed $20.6bn (₦30tn) in total transactions during the 2025 financial year.
Nigerian tech workers risk double taxation under a system that relies on speculative guesses about their bank activity rather than verified financial data.
Two years after the celebrated appointment of a “tech bro” minister, funding has collapsed, high-profile startups are dying, and a brutal economic crisis is testing the ecosystem's famed resilience to its limit.
A review of H1 2025 funding data shows investors are doubling down on familiar faces and proven formulas, making it a tough year for anyone who doesn't fit the mould.
When a founder has to build the roads, install the plumbing, and write the laws before they can even open their shop, the standard metrics of growth and burn rate become dangerously misleading.
Entrepreneurs who meet the criteria will have a 90-day window to register and retroactively claim benefits — assuming, of course, they’re still around.
The Warwickshire-based maker of "flat-pack" electric trucks for Africa is facing liquidation unless a rescue deal is found by the weekend. It is a stark reversal for a company that recently touted a $163m expansion deal.
Redtech, the Nigerian fintech subsidiary of Tony Elumelu’s Heirs Holdings, has announced it processed $20.6bn (₦30tn) in total transactions during the 2025 financial year.
The Cape Town-based fintech has secured R340m ($21m) in local currency funding from the Dutch development bank FMO to bridge the country's massive credit gap.
