The Alitheia IDF Fund, for instance, saw its carrying value increase from $4.2 million in 2022 to $5.1 million in 2023, indicating successful investments and positive performance.
Before co-founding Bumpa in 2018 alongside Kelvin Umechukwu, he had already amassed over a decade of experience in software development and technology infrastructure.
The Averroès Fund of Funds operates as an intermediary, strategically investing in various African-based funds rather than directly into individual companies.
Egyptian fintech startup Bokra has secured a crucial operating licence from the country’s Financial Regulatory Authority (FRA), marking a significant step for the Sharia-compliant investment platform. The approval comes roughly a year after the company raised $4.6m in a pre-seed funding round, indicating rapid...
Before co-founding Bumpa in 2018 alongside Kelvin Umechukwu, he had already amassed over a decade of experience in software development and technology infrastructure.
A wave of economic turmoil is hitting Nigerians—and, by extension, startups—eroding their purchasing power. In response, one startup is turning to international markets under new leadership.
