Leading trust company STL Trustees has awarded a total of N3m in grants to 30 women-led businesses through its newly launched STL FundHer initiative. According to a statement from the …
Entrepreneurship
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BusinessEntrepreneurshipFinance & ServicesNigeriaWestern Africa
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AfricaBusinessEntrepreneurship
Tony Elumelu Foundation Empowers 3,000 African Entrepreneurs with $15 Million Grant
Demonstrating a steadfast commitment to fostering entrepreneurship across Africa, the Tony Elumelu Foundation (TEF) has unveiled a $15 million grant to support 3,000 emerging entrepreneurs from 52 African countries. Each …
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BusinessBusiness and EconomyEconomyEntrepreneurshipNigeriaWestern Africa
BOI, WCCIMA Unveil ₦10bn Fund to Empower Women-Led Businesses
In a landmark move to bolster women entrepreneurship, the Bank of Industry (BOI), in collaboration with the Women Chamber of Commerce and Industry, Mines, and Agriculture (WCCIMA), has launched a …
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AfricaAFRICA NEWSEntrepreneurshipEventsFashion & Style
Bibi Lawrence Redefines Elegance at Global Entrepreneurship Festival Fashion Show
Akure, Ondo State, played host to an unforgettable evening of fashion and culture on November 24th, as the inaugural Global Entrepreneurship Festival Fashion Show set a new benchmark for style …
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AfricaAFRICA NEWSEntrepreneurship
Google Expands Wildfire Boundary Tracker to Kenya & Rwanda to Curb the Spread of Wildfires
by Editorby EditorGoogle has expanded its wildfire boundary tracker to Kenya, Rwanda and several other countries across Europe and Africa to curb the spread of wildfires. By leveraging advanced AI technology, the …
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AfricaAFRICA NEWSEntrepreneurship
Egypt’s edtech Educatly raises $2.5 million to solidify its presence in Egypt, others
by Editorby EditorEducatly, an Egyptian edtech startup, has raised $2.5 million to solidify its presence in the Middle East and Africa, including key markets such as Egypt, Saudi Arabia, the United Arab …
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AfricaAFRICA NEWSEntrepreneurship
Chowdeck Announces Exclusive Partnership with Chicken Republic in Lagos and Ibadan
by Editorby EditorChowdeck, the on-demand delivery service in Nigeria, has formed an exclusive partnership with Chicken Republic, a fast-food restaurant chain, to offer higher quality and more affordable meal deliveries for customers …
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AfricaAFRICA NEWSEntrepreneurship
Startup funding declines to $780m in H1 – Report
by Editorby EditorStartup funding for the African continent decreased in the first half of 2024, dropping to $780 million from $1.8 billion during the same period in 2023. Despite this decline, Nigeria …
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AfricaAFRICA NEWSEntrepreneurship
SA mobility startup LULA acquires UK-based Zeelo’s South African business
by Editorby EditorLULA, a ride-sharing platform based in South Africa, has announced its acquisition of the South African operations of the UK firm Zeelo, marking a significant expansion for the company. Established …
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AfricaAFRICA NEWSEntrepreneurship
Nala Raises $40 Million to Expand Consumer Business Beyond Africa
by Editorby EditorNala has secured $40 million in Series A funding to grow its consumer business globally and develop its B2B payment platform in Africa. Nala announced in a blog post on …