Nigeria startup news
Here are some recent startup news from Nigeria:
Funding and Investments
- Andela raises $100 million in Series D funding: Andela, a Nigerian startup that connects developers with companies, has raised $100 million in Series D funding led by Generation Investment Management. (Source: TechCrunch)
- Flutterwave raises $170 million in Series C funding: Flutterwave, a Nigerian fintech company, has raised $170 million in Series C funding led by Greycroft and Tiger Global Management. (Source: TechCrunch)
- Kuda raises $10 million in Series A funding: Kuda, a Nigerian digital bank, has raised $10 million in Series A funding led by Valar Ventures and Target Global. (Source: Disrupt Africa)
Awards and Recognition
- Nigerian startups win at Africa Tech Awards: Nigerian startups, including Andela and Flutterwave, won awards at the Africa Tech Awards, which recognize innovation and entrepreneurship in Africa. (Source: ITWeb)
- Kuda named one of Africa's most innovative companies: Kuda has been named one of Africa's most innovative companies by Fast Company, a leading business magazine. (Source: Fast Company)
Product and Service Launches
- Paystack launches payment gateway for online businesses: Paystack, a Nigerian fintech company, has launched a payment gateway for online businesses, allowing them to accept payments from customers. (Source: TechCrunch)
- Farmcrowdy launches online platform for farmers: Farmcrowdy, a Nigerian agricultural startup, has launched an online platform that connects farmers with investors and buyers. (Source: Ventures Africa)
- Ride-hailing app, Gokada, launches in Lagos: Gokada, a Nigerian ride-hailing app, has launched in Lagos, offering a range of services, including food delivery and logistics. (Source: TechCrunch)
Other News
- Nigeria's startup ecosystem grows 20% in 2020: Nigeria's startup ecosystem has grown 20% in 2020, with the number of startups increasing to over 1,000. (Source: Disrupt Africa)
- Nigerian government launches digital skills training program: The Nigerian government has launched a digital skills training program to equip young people with skills in areas such as coding and data analysis. (Source: ITWeb)
- Nigeria's e-commerce market grows 20% in 2020: Nigeria's e-commerce market has grown 20% in 2020, with online sales reaching over $1 billion. (Source: Ventures Africa)
These are just a few examples of the many startup news stories coming out of Nigeria. The country's startup ecosystem is growing rapidly, with many innovative companies emerging in areas such as fintech, agriculture, and e-commerce.