For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.
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.
Nigerians were left stunned on Monday after the sudden crash of CBEX, a digital investment platform that promised incredible returns and delivered equally staggering losses.
Mapping Africa's angel investor landscape: Our research tracks over 400 individuals – from finance to law and tech leadership – actively deploying capital into the continent's booming startup ecosystem.
For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.
