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Ex CEO of 54gene returns, launches another genomic startup
Abasi Ene-Obong, estranged co-founder and ex-CEO of genomic firm 54gene, has started a new company called Syndicate Bio,…
Volition Captital launches private Equity Fund VEMA Fund
Volition Capital Investments, a licensed asset management company, has created the Volition Entertainment, Media and Art (VEMA) Fund,…
Mecho Autotech raises $2.4 million pre-series A fund
Mecho Autotech, a Nigerian mobility startup has announced the raise of $2.4 million pre-series A fund to expand…
Flutterwave launches Swap with Wema Bank and Kadavra BDC
Flutterwave has launched its new digital product, Swap. Swap is a digital platform for immediate access to foreign currency…
Nigerian agritech startup, 4 others make Baobab Network Cohort 1’23
This is Baobab Network's first cohort of the year and it includes 5 startups from Nigeria, Togo, Kenya, Morocco and Guinea Conakry.
Fairly used phone sales startup, Eze, raises $3.7m
Eze (pronounced "Eazy") is a platform that facilitates the trading of new and used electronic gadgets in wholesale quantities.
OjaNow launches app for 24/7 instant deliveries
OjaNow offers a wide range of inventories helping users to order and get a variety of daily essentials and other products delivered to their doorsteps in less than 30 minutes!
Microsoft launches new incubation program, Pegasus
Microsoft's Pegasus is looking for startups that have a solution that caters to current industry challenges.
Copia exits Uganda, lays off 350 employees
In 2022, Copia bagged a $50million funding and had planned to raise up to $100 million more to expand into west Africa.
Alerzo cuts 15% of its staff strength months after a first layoff
Alerzo, a Nigerian B2B e-commerce startup has laid off 15% of its full time employees in a second…