African Startup Funding Drops 5% Q1 2025 — Report
Funding into the African tech ecosystem dropped five percent to $460 million in the first quarter of 2025. According to Africa: The Big Deal, the decline underscored the consistent drop…
STL Trustees Support 30 Women Entrepreneurs with N3 Million Fund
STL Trustees has awarded a total of N3 m in grants to 30 women-led businesses through its newly launched STL FundHer initiative, reinforcing its commitment to empowering female entrepreneurs in…
Bank Of Industry Launches ₦10bn Fund For Nigerian Female Entrepreneurs
The Bank of Industry (BOI) has launched a special intervention programme, Project Guaranteed Loans for Women (GLOW), valued at ₦10 billion, to support female entrepreneurs across Nigeria. Dr. Olasupo Olusi,…
AfDB Plans $500 Million Investment to Support Smallholder Farmers in Africa
The African Development Bank, AfDB Group President, Dr. Akinwumi Adesina has announced plans to launch a $500 million facility designed to unlock $10 billion in financing for smallholder farmers and…
Tony Elumelu Foundation Reveals 3,110 Entrepreneurs from 54 African Countries
Billionaire businessman Tony Elumelu, through his foundation, the Tony Elumelu Foundation (TEF), will unveil a total of 3,110 young African entrepreneurs from 54 African countries on March 22. Since 2023,…
Meta Launches Grant Program to Support Sub-Saharan African Startups, Researchers
Meta, in collaboration with Data Science Africa, has announced the Llama Impact Grant, a new initiative aimed at supporting startups and researchers in Sub-Saharan Africa. The grant is part of…
FirstBank Secures Top Spot in SME Banking at Asian Banker Awards, Leading in Nigeria, Africa
Through a legacy of excellence and Innovation, First Bank of Nigeria Limited, the country’s oldest and most distinguished financial institution, has once again solidified its reputation as a leader in…
TEF Announces 2025 Cohort of Entrepreneurship Programme, Starting March 22, 2025
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs, says it will announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025. The 2025 announcement…