Search Results for "Startups"
37 results found
Uber exit: Drivers, Nigerians react as e-hailing giant quits Nigeria’s $450m market

…lawmaker Senator Shehu Sani: “Uber has left Nigeria. A good opportunity for our local startups to take over the business. Even our taxi unions can create an app and become our Uber. It’s not rocket science,” he stated on X. Similarly, Dr Yakubu Sani Wudil said: “Uber has left Nigeria. “The drivers are still here. “The…

Business by nigerianewsfeed · 7 days ago · 0 comments · 13 views
Nigerian bank using technology to reshape agriculture

…by First City Monument Bank. What started in 2018 as a platform to identify promising startups has gradually evolved into a broader agricultural innovation ecosystem that involves founders, investors, development institutions, and technology partners. Data is central to this shift. Rather than relying solely on convent…

Business by nigerianewsfeed · 10 days ago · 0 comments · 10 views
Find out more as Wema Bank offers funding, mentorship as Hackaholics 2026 applications open

…Bank launched applications for Hackaholics 2026, its open-innovation programme open to startups and innovators across AfricaThe programme runs three participation tracks, a Hackathon, Startup Pitch Competition, and Social Impact TrackSelected participants can access funding, expert mentorship, and strategic partnership…

Business by nigerianewsfeed · 24 days ago · 0 comments · 12 views
FG initiative targets capital gap in Nigeria's creative economy

…Murabaha Debt Fund, with a combined $110m earmarked for technology and creative-sector startups, according to the bank. Adebayo said the financing options were intended to give creators a broader route to capital, including equity and debt. “We have raw talent in abundance and trained, employable talent in shortage,” h…

Business by nigerianewsfeed · 30 days ago · 0 comments · 17 views
How Nigerians can apply for ECOWAS $65,000 startup award

…for the second edition of its Startup Awards, offering cash prizes totaling $65,000 to startups from across the region, including Nigeria. ECOWAS Commission announced the award on its X handle on Monday, saying it aims to identify, celebrate and scale innovative startups while advancing digital entrepreneurship, innova…

Business by nigerianewsfeed · 30 days ago · 0 comments · 16 views
NCC grants Enugu 15-year lease for startup hub

…Digital Industrial Park and Learning Centre, aimed at fostering artificial intelligence, startups, digital skills and technology-driven enterprises. The arrangement is intended to turn the facilities into platforms for innovation, entrepreneurship and human-capital development, while supporting Enugu State’s ambition t…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 15 views
FG unveils renewable energy programme for one million MSMEs

…viable enterprises, operates Technology Incubation Centres across the country to support startups, innovators and technology-based businesses while connecting them with investors and global markets.

Agriculture by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
Ecobank unveils new platform to empower African entrepreneurs

…designer Adewunmi Adegbola, and creative entrepreneur Richard Vedelago. Targeted at startups, creatives, young professionals, and corporate executives, the project highlights Ecobank’s broader vision of leveraging digital platforms to promote sustainable economic growth and pan-African trade capabilities.

Business by nigerianewsfeed · 1 mon ago · 0 comments · 17 views
Nigeria mustn't arrive late to the AI table

…more important question is: Where is Nigeria, its leading technology companies, its AI startups, its universities, its researchers and its policymakers as the world debates who will build, control, govern and benefit from AI? The question is urgent because the world is moving. From July 17 to 20, 2026, Shanghai hosted…

Artificial Intelligence by nigerianewsfeed · 1 mon ago · 0 comments · 18 views
Prompt engineering for startups: How to use Gemini to write cold outreach emails

…remains one of the fastest ways to generate leads. The post Prompt engineering for startups: How to use Gemini to write cold outreach emails appeared first on Tribune Online.

Business by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
The new $50 million fund backing Senegalese startups

…For readers who want to understand Francophone Africa beyond headlines—through markets, startups, and systems. New editions of the newsletter will land directly in your inbox every Tuesday at 12 PM WAT. By default, this newsletter is in French. If you’re reading this in your email inbox, click the “Read in English” but…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 23 views
TechCabal's Road to Moonshot brings Africa's startup debate to Nairobi

…influence in African technology conversations and its status as a regional hub. Kenyan startups raised nearly $1 billion in 2025, more than any other African market, accounting for almost a third of the continent’s total startup funding. “The idea behind Moonshot is that we’re not where we’re going. We’re just starting…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Nigeria pauses new Internet platform rules pending unified digital policy

…the Nigeria Startup Act, which provides incentives and regulatory support for technology startups. As digital services increasingly combine telecommunications, digital platforms, AI, and data processing, the responsibilities of regulators such as the NCC, NITDA, and NDPC have begun to intersect, creating uncertainty fo…

Entertainment by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
Catalyst Fund completes $30 million second close to back Africa's climate-tech startups

Catalyst Fund, a pan-African venture fund investing in startups building climate adaptation and resilience solutions, has announced the completion of its second close, bringing total commitments to $30 million as it advances toward a $40 million target. Led by partners Maelis Carraro, Maxime Bayen, Olúwatóyìn Emmanuel-…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 23 views
Nigerian startup takes top prize at UNDP's pan-African edtech accelerator

…The award underscores the growing prominence of Nigeria’s edtech ecosystem, particularly startups building digital skills and workforce development solutions, at a time when development finance institutions and ecosystem builders are expanding support for education technology across Africa. As venture funding becomes m…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 23 views
Kenya court says restructuring alone cannot justify layoffs, raising startup risks

…seeking to lay off workers, a decision that could have far-reaching implications for startups, which have used redundancies to slow cash burn amid a funding slowdown. The Employment and Labour Relations Court on June 25 ruled that companies cannot use restructuring or reorganisation to justify job cuts. They must prove…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 33 views
👨🏿‍🚀TechCabal Daily - Takealot finally delivers

…—Zia Get smarter about Francophone Africa with our newsletter, Francophone Weekly-the startups, tech policies, and institutions building the pipelines for ecosystem growth. Subscribe SA's Takealot is finally profitable Absa Bank Kenya CEO steps down Mastercard's new cybersecurity hubs Cameronian taxi drivers get new ID…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
Paga turns to tokenised investments in latest infrastructure push

…scale." TBook is part of a growing wave of StableFi (stablecoin finance) infrastructure startups offering fintechs and investment platforms a plug-and-play way to integrate yield-bearing products into their apps. Companies such as Blend, OpenTrade, and Stable offer similar infrastructure for embedding yield-bearing tok…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Finance experts urge CBN to mandate annual reporting for fintechs, MFBs

…risk structures. According to him, imposing mandatory public disclosure requirements on startups from inception could stifle innovation and discourage new entrants. "If you make it mandatory to publish numbers for all financial service providers, that means no fintech would have become a fintech. A lot of fintechs go t…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 24 views
Why CBN's UBO directive could change how Fintechs are regulated

…payment companies as critical financial infrastructure rather than simply technology startups. That distinction matters because the role of fintechs has changed dramatically. A decade ago, most payment companies were niche service providers. Today, some process transaction volumes comparable to major commercial banks w…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 23 views
Top 10 largest cities in Africa by population in 2026

…largest banks, telecommunications firms, multinational corporations, and technology startups, and the undisputed engine of Nigeria's economy, contributing nearly 30% of the nation's GDP while driving commerce, finance, industry, and innovation across West Africa. It is also seen as the cultural and creative heartbeat o…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 30 views
Sanwo-Olu renews call for special federal status for Lagos

…of Africa's leading tech unicorns. "Lagos remains the leading destination for technology startups and innovation in Africa. We have the ideas, the talent and the energy needed to compete globally," he said. The governor also highlighted ongoing infrastructure projects such as the Lekki Deep Sea Port, Dangote Refinery,…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 28 views
Being a traditionalist has affected how people see me - Alhassan Aisha

…in Nigeria, so creating more procurement opportunities for local businesses will help startups expand and create jobs. Tell us about your background and how your journey shaped the person you are today. I was born into a Muslim family in Kaduna. I spent most of my life in the North, although I also lived in Abuja at di…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 25 views
Founders Fund's outlier bet on humanely killed fish

…that stuns fish to assist humans performing ike jime by hand, and several Norwegian startups are building robotic systems for more humane fish slaughter and processing. Shinkei's apparent edge, for now, is being the only one running the fully automated version of the technique at scale on U.S. boats.) In fact, Asparouh…

Crime by nigerianewsfeedofficial · 2 mons ago · 0 comments · 30 views
Anambra Boosts Tech Sector: N80 Million Invested in 80 Startups, 400 Professionals Graduate

"Our administration is committed to transforming Anambra into Africa's Silicon Valley. This vision is driven not by politics but by a clear and strategic imperative to secure the future of our state and its people," Mr Soludo said.

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 16 views
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