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.
If capital markets are meant to be the final destination for venture-backed growth, most African countries have yet to build the roads — let alone put up signs.
Filings from the Nigerian fintech unicorn disclose heavy spending on salaries and fees to pave the way for its acquisition of a regulated British payments firm.
A mix of established mini-grid operators, a family-run business, and a media giant's new energy venture are among the first to receive funding to build hundreds of solar mini-grids across Nigeria.
