This investment is tailored towards improving the work of the firm in data collection and analytics capabilities and its expansion to East and Southern Africa markets.
Nigerian startup, Stears, focused on sourcing data and insights for Africans and providing data collection tools for businesses, financial and policy professionals, has raised a $3.3 million seed round led by MaC Venture Capital. Other notable investors were Serena Ventures, Omidyar Group’s Luminate Fund, Melo 7 Tech Partners and Cascador Empowering Economic Growth Foundation. Stears,
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Don’t make Nigeria expatriates’ dumping ground, Sonekan, Kolade, Osunkeye warn FG The Punch
Daud Olatunji,Abeokuta
The Society for the Advancement of Local Talents and Virtue in Management has warned the Federal Government against turning Nigeria to a dumping ground for expatriates.
SALTVIM was created by some retired Nigerian businessmen, who had been CEOs of blue-chip companies in Nigeria, eight years ago.
They include a former Head of State and former Chief Executive Officer of United Africa Company of Nigeria ,Chief Ernest Shonekan; a former CEO of Nestle Nigeria Plc, Chief Segun Osunkeye; a former CEO of Cadbury Nigeria Plc, Dr Christopher Kolade; a former CEO of Nigeria Breweries Plc, Felix Ohiwerei; a former CEO of NICON, Bode Ogunlana; and a former CEO of Lever Brothers Nigeria Limited now Unilever Nigeria Plc, Dr Michael Omolayole.