Funding In Western Africa
Nigerian e-commerce retail startup Alerzo, secures $10.5mn in a Series A round
Alerzo claims to have a network of up to 100,000 small enterprises, 90% of which are run by women. Ibadan, Ekiti, and Abeokuta, to name a few, are among the tier-2 to tier-4 cities in Southwest Nigeria that the company serves solely. Read more
Latest News
Two months after mobility startup announced its $1.2mn seed round funding, Plentywaka acquires Stabus Ghana
Following up on the acquisition deal announced today, Stabus will now be known as Plentywaka Ghana with the mobility platform offering a range of low-cost and premium vehicles which includes cars, mini-vans, and buses for public transportation. Read more
How to raise $1,000,000 million+ through Venture Financing
Nigeria’s digital pension startup, Awabah, gets selected for Techstars London accelerator program
With a serious decline in economic growth and increased scarcity of resources, we believe Africa’s current labor market will face severe hardship in old age if they don’t take retirement savings seriously. Read more
South Africa’s food delivery app has relaunched a B2B delivery-as-a-service platform
This new direction involves providing retail companies with end-to-end solutions, including providing the software needed to build the service and delivery fulfillment. Read more
