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Voltron Capital is a venture capital firm focused on pre-seed and seed investments in tech startups across Africa. [11] The firm's portfolio primarily includes startups in Nigeria, Kenya, South Africa, and Northern Africa. [12] [13] With its first fund launched in 2022, Voltron invested in 53 startups. [14] [15]
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Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including ...
Kobo360 raised $20 million in a Series A round headed by Goldman Sachs in 2019 [13] and $10 million in working capital funding from Nigerian commercial banks. [14] [13]Kobo360 raised an additional $56 million in its series B round led by Afrexim Bank's equity arm - The Fund For Export Development in Africa (FEDA), with participation from existing investors.
Among the companies on LinkedIn’s Top Startups List for 2022 there are 10 health-focused businesses, a few of which offer coveted virtual mental health care visits, or digital dental ...
Nigeria is a federal republic in West Africa, bordering Benin in the west, Chad and Cameroon in the east, and Niger in the north. As of 2015 Nigeria has the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's ...
First Bank of Nigeria: Banking 1,070 10 Stanbic IBTC Holdings: Finance 1,064 11 Lafarge Africa: Cement 918 12 Access Holdings: Finance 833 13 Nigerian Breweries: Agroindustry 890 14 United Bank for Africa: Finance 633 15 Ecobank: Banking 529 16 Dangote Sugar Refinery: Agroindustry 467 17 Union Bank of Nigeria: Banking 431 18 Guinness Nigeria ...
In March 2019, Moniepoint announced funding of $5.5 million in a Series A fundraising from Quantum Capital Partners. [3] In November 2019, Moniepoint received a switching license from the Central Bank of Nigeria. [4] [5] In 2021, the company announced an undisclosed capital in a Series B Funding round led by Novastar Ventures.