Nigerian startups raise $11.3 million in September 2026, down 97% from August
Nigeria’s startup ecosystem recorded a sharp moderation in funding in September 2026, with nine startups attracting a combined…
Nigerian startups face funding gap between seed and growth stages – Sage Grey MD warns
Nigerian startups face a funding gap between early-stage investments and the larger amounts of capital needed to scale,…
Investors are raising the bar for Nigerian startups seeking capital — Sage Grey MD
Nigerian entrepreneurs continue to build products, assemble teams and pitch investors, but raising the capital needed to grow…
NICE opens applications for innovation clinics across six Nigerian clusters
The Nigeria Innovation Cluster Exchange (NICE) has opened applications for its Pipeline Clinics, a sector-focused programme aimed at…
Ventures Platform secures $84 million for second pan-African tech Fund
Ventures Platform, an African seed stage venture capital firm, has announced the final close of its second institutional…
Top 10 investors still backing African startups despite funding slowdown
Africa’s startup ecosystem has experienced remarkable highs and challenging lows over the past seven years. After record-breaking funding…
Transworld brokers sale of Nigerian pharma firm by 84-year-old founder
A fully licensed Nigerian pharmaceutical manufacturing company has changed ownership after its 84-year-old founder sold a majority stake…