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How will rising interest rates affect venture debt funding

With borrowing costs set to rise in an era of high global interest rates, where does that leave African startups that raised debt funding? ....

South Africa , Sebastian Wichmann , Peter Oriaifo , Tunde Kara , Rahul Shah , Federal Reserve Bank , Central Bank , Oui Capital ,

How technology is helping African food businesses improve their prospects

Food inflation is one of Africa’s pressing problems. Can technology help Africans reduce the amount of money they spend on food? ....

Tunde Kara , United States Department Of Agriculture , United States Department , Stable Foods , East Africa ,

Top 5 Nigerian Tech Funding Announcements Of 2022

In terms of funding, this year has been a generally satisfying one for the Nigerian tech ecosystem, as venture capitalists continue to pump money into startups in the country more than any of its counterparts on the continent. According to the Africa Tech and Fintech report by Renaissance Capital, Nigerian startups raised $678 million in ....

City Of , United Kingdom , Olumide Fayankin , Gatumi Aliyu , Tunde Kara , Mitchell Elegbe , Franklin Templeton Investments Me Ltd , Central Bank , B Capital Group , Magic Fund , Africa Tech , Renaissance Capital , Big Deal , Altak Park Capital , Whake Rock Capital , Lux Capital , Francophone Africa , Processing License , Leapfrog Investments , Tana Africa Capital , Middle East , Left Lane Capital , Kreos Capital , Templeton Investments , North Africa , Moove Charge ,

Vendease trims its workforce

Vendease, a Nigerian food procurement startup, has let go of 9% of its workforce, or 27 of its almost 300 staff, this week. ....

Tunde Kara ,

Nigerian proptech SmallSmall raises $3M to provide flexible living solutions for customers

SmallSmall has processed over 25,000 monthly stays across Lagos and Abuja. The seed investment will allow it expand to other cities. ....

Port Harcourt , Abuja Federal Capital Territory , Pidah Tnadah , Tunde Kara , Wemimo Abbey , Samir Goel , Adam Meghji , Naomi Olaghere , Tunde Balogun , Sunil Sharma , Jimmy Ku , Jason Njoku , Sean Fannan , Techstars Toronto Accelerator Program , Lagos Based Smallsmall , Asymmetry Ventures ,