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Seedstars Africa raises $30m to fund African startups

The European Investment Bank’s subsidiary, EIB Global, has committed $30 million in finance to Seedstars Africa Ventures. Following a $8 million investment, French private equity firm LBO France, the fund’s anchor investor, has made a fresh commitment. With a goal of raising between $80 million and $100 million, the fund will help seed and Series […]

aomenyepdnlimited-com
10th January 2024
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Nigerian startups owe $415m 10-year debt – Report

Briter Bridges, a research and market intelligence company which focuses on developing nations, has stated that approximately $415 million has been borrowed by Nigerian digital entrepreneurs over the past ten years. According to the report “Debt Financing in Africa’s Innovative Ecosystem,” between 2014 and 2023, African startups as a whole borrowed a total of $2.1 […]

aomenyepdnlimited-com
1st January 2024
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Tag: startups

Seedstars Africa raises $30m to fund African startups

Nigerian startups owe $415m 10-year debt – Report

Nigeria needs $12bn yearly to hit 2030 oil,.

Lagos reduces truck parking fee on Lekki-Epe axis

FG commits ₦200bn to strengthen food production nationwide

Mastercard, Enza partner to boost fintech connectivity across.

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