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The motorcycle ride-hailing wars in Nigeria and Uganda is SafeBoda’s to lose

TechCrunch

On April 16, Uganda-based two-wheel ride-hailing platform SafeBoda announced that it had completed 1 million rides in Ibadan, a southwestern city in Nigeria. T his might not seem spectacular from a global perspective because it took the startup a year and two months to achieve but it’s a noteworthy feat in African markets.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

India, with 32 startups, is the second-largest demographic represented in the new batch, while Nigeria is third, having delivered 18 startups. Location : Lagos, Nigeria. Location : Lagos, Nigeria. Location : Lagos, Nigeria. Location : Lagos, Nigeria. pre-seed to build financial OS for B2B companies in Nigeria.

Nigeria 91
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Target Global leads $3.5M pre-seed in Nigerian online learning platform Edukoya

TechCrunch

For years, offline test preparation centers in Nigeria have provided after-school guidance and tutoring to students who seek to pass entrance examinations. million in pre-seed funding led by European VC firm Target Global. million in pre-seed funding led by European VC firm Target Global. Like in the U.S.,

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Nigeria’s Kippa gets $3.2M pre-seed for its small business finance management app

TechCrunch

Millions of small businesses globally, especially in emerging markets, have stayed offline for the better part of the past decade. In Nigeria, some go to the extent of keeping information offhand. The startup’s new financing round was led by Berlin-based VC Target Global. million in pre-seed funding.

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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

Andela has been pivotal to placing the continent’s tech talent globally. Nigeria has a population of almost 200 million, with 60% under the age of 25. The company is also exploring B2B partnerships with private schools in Nigeria and Africa, using AltSchool’s curriculum in their classes. African tech took center stage in 2021.

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Nigerian financial management app for merchants Kippa bags $8.4M in new funding

TechCrunch

Kippa said the investment will allow it to develop financial products that help SMEs grow their businesses and grow its team in Nigeria. million pre-seed from Target Global and other investors last November. Nigeria’s Kippa gets $3.2M Nigeria’s Kippa gets $3.2M The company announced its $3.2

Nigeria 116
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TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa

TechCrunch

Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot , a Nigeria- and U.S.-based A large majority of small and medium-sized businesses in Nigeria and across Africa are offline.

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