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Nigeria Becoming Destination for Africa s Promising Tech Startups

Nigerian startups attracted nearly a quarter of the $5.2 billion invested in African startups last year, according to the African Private Equity and Venture Capital Association. Timothy Obiezu in Abuja profiles the mobile money service CrowdForce to see what's attracting investors to Nigeria.

Nigeria Becoming Destination for Africa s Promising Tech Startups - New Delhi Times - India Only International Newspaper

In February, the Nigerian technology startup CrowdForce announced a big break: It had received $3.6 million from investors to expand its financial services operations to many more underserved communities. Co-founder and Chief Executive Officer Tomi Ayorinde said new funding will boost its mobile agent network from 7,000 to 21,000 this year. "We were looking to…

Investor Interest in Africa at All-Time High, But Risks Remain – Tanzania News Gazette

Investor Interest in Africa at All-Time High, But Risks Remain – Tanzania News Gazette
tanzanianewsreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tanzanianewsreports.com Daily Mail and Mail on Sunday newspapers.

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