Funding

Tony Elumelu Foundation set to reveal new cohort of young African entrepreneurs

Business a.m The Tony Elumelu Foundation (TEF) is set to change the lives of 1,200 African entrepreneurs across 54 countries,…

British Council, Prince’s Trust offer N2m grant to 8 young entrepreneurs

Onome Amuge The British Council and Prince's Trust International (PTI) have awarded eight Nigerian entrepreneurs a total of N2 million,…

Slice off Nigeria’s FX pressure in Afreximbank $2.25bn to NNPCL

Onome Amuge Nigeria took a little slice off its foreign exchange pressure following the successful arrangement by the African Export-Import…

Africa’s VC funding slump raises concerns over startup viability

Onome Amuge   Africa's tech ecosystem has experienced a range of performance outcomes since the start of the year. While…

AfDB, FSDH ink $20m deal to spur SME growth in Nigeria

The African Development Bank (AfDB) has signed a new $20 million trade finance facility with FSDH, a leading Nigerian non-bank…

CBN coordinates banks, other financial institutions on a rescue mission to raise N1.5 trillion for infrastructure

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the apex bank would work in collaboration with commercial banks…