Over $60 million of investors fund may go down the drain, as nine Nigerian startups have shut down after few years of operation, LEADERSHIP finding has
Venture capital funding has declined significantly across the world in 2023, and though there were initial hopes that the nascency of the African tech ecosystem might mean it avoided too much damage, the growing size of the continent’s “startup graveyard” suggests that is not the case.
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Founded in 2013 by Okechukwu Ofili, OkadaBooks – a leading Nigerian digital publishing and bookselling platform – shut down on November 30. Started by Okechukwu
Okada Books announced that it will shut down on November 30, 2023, due to “insurmountable challenges”. The platform, founded in 2013 by Okechukwu Ofili, has