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Crypto winter is now triggering layoffs at Nigerian crypto startups.
Flutterwave has raised $250 million in Series D funding, as it continues to transform the way Africans transact on the continent & worldwide.
Moove has closed a $10m financing facility from NBK Capital Partners, strengthening the company’s mission to democratize vehicle ownership across Africa.
Nigeria’s leading commodities market player, AFEX, has announced the reopening of its $240 million (₦100 billion) Asset-Backed Commercial Paper (ABCP).
Afrikrea, the Ivorian e-commerce platform for “all things made of Africa,” has raised $6.2 million in a pre-Series A round.
In 2021, nine African startups each raised at least $100 million in different rounds to herald a new regime of ‘mega-round’ startup funding in Africa.
In the latest development, Abuja- and Lagos-based Ventures Platform has announced the first close of its $40 million pan-African fund.
Brass has raised $1.7 million in funding to address the heavily underserved banking needs of SMEs and fast-growing businesses in Africa.
African mobility fintech, Moove, has raised $23 million in a Series A funding round to democratize vehicle ownership in Africa.
Raising funds for your startup can be daunting, especially if you’re just starting…
