Nigeria

Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal.

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian

Venture capital and the blockchain will be the talk at Startup Battlefield Africa

TechCrunch Startup Battlefield returns to Africa next month, and we have an agenda chock-full of interesting panels and our premier startup competition. Joining us in Lagos, Nigeria on December 11 for

Local venture capital fund formation is on the rise in Africa, led by Nigeria

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian

African financial technology startups move beyond payment services

If mobile money was the first phase in the development of digital finance in Africa, the next phase of digital financial services on the continent will focus on lending, insurance and wealth manageme

Flutterwave and Ventures Platform CEOs will join us at Startup Battlefield Africa

Startup Battlefield is returning to Africa this December. TechCrunch will be hitting Lagos, Nigeria, bringing with it our Battlefield competition and a day’s worth of panel discussions, focused on t

Africa Roundup: Paga goes global and 4 startups raise $99M in VC

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian

Hear about the keys to local investing at Startup Battlefield Africa with Omobola Johnson and Lexi Novitske

TechCrunch Startup Battlefield is returning to Africa in December, this time in Lagos, Nigeria. We will have a day-long program full of our flagship Battlefield competition highlighting the best start

Base10’s debut fund is the largest ever for a Black-led VC firm

Adeyemi Ajao, the co-founder and managing director of Base10 Partners, was surprised to hear his firm's $137 million fund was the largest debut to date for a black-led venture capital firm. He and

With a $10 million round, Nigeria’s Paga plans global expansion

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian

Fibre wants to make it easier to invest in real estate in Africa

The housing market in Nigeria is tough. On average, it takes 100 days to find a home and once you do, you typically have to pay one to two years’ worth of rent upfront, Fibre CEO Obinna Okwodu t

Keeping artificial intelligence accountable to humans

As a teenager in Nigeria, I tried to build an artificial intelligence system. I was inspired by the same dream that motivated the pioneers in the field: That we could create an intelligence of pure lo

Offering a white-labeled lending service in emerging markets, Mines raises $13 million

Emerging markets credit startup Mines.io has closed a $13 million Series A round led by The Rise Fund, the global impact fund formed by private equity giant TPG, and 10 others, including Velocity Capi

MallforAfrica goes global, Kobo360 and Sokowatch raise VC, France explains its $76M fund

B2B e-commerce company Sokowatch closed a $2 million seed investment led by 4DX Ventures. Others to join the round were Village Global, Lynett Capital, Golden Palm Investments and Outlierz  Ventu

Sokowatch closes $2 million seed round to modernize Africa’s B2B retail

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian data analytics company Terragon acquires Asian

CowryWise micro-savings service opens high-yield government bonds to everyday Nigerians

In emerging market countries where economic volatility is a way of life, there aren’t a lot of relatively safe options for members of the burgeoning middle class to park their money. For instanc

MallforAfrica and DHL launch MarketPlace Africa global e-commerce site

MallforAfrica and DHL are giving African merchants a global stage. This week the online retailer and delivery giant launch MarketPlaceAfrica.com: an e-commerce site for select African artisans to se

Nigerian logistics startup Kobo360 accepted into YC, raises $1.2 million

When Nigerian logistics startup Kobo360 interviewed for Y Combinator’s 2018 cohort, a question stood out to founder Obi Ozor. “What’s holding you back from becoming a unicorn?," they asked. "M

TechCrunch’s Startup Battlefield is coming soon to Beirut, São Paulo and Lagos

Everyone knows there are thriving startup communities outside of obvious hubs like San Francisco, Berlin, Bangalore and Beijing, but they don’t always get the support they deserve. Last year, Te
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