The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.
The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.
The deal continues a broader trend of Nigerian VCs backing foreign startups or local companies with continental ambitions, as Nigeria’s economy faces mounting macroeconomic challenges.
The VB Facility will deliver pre- and post-investment support to startups operating in sectors including distributed solar, energy efficiency, electric mobility, agritech and circular economy solutions.
As Showmax begins its shutdown in the wake of a capital-intensive global streaming war, it joins a long list of well-funded, ambitious local platforms...
