Tag: Nigeria

Frontier Car Group Raises $58M to Accelerate Growth of Used-Car Marketplaces in Emerging Markets

Frontier Car Group which runs Cars45 in Nigeria, has closed  $41M Series B funding from Balderton, TPG Growth, automotive funds Fraser McCombs Capital, and AutoTech Ventures. to expand its used-car marketplaces within emerging markets. The company additionally raised $17M in debt financing from leading institutions and banks bring the total to $58m. According to Sujay Tyle, ...

Nigeria’s TradeDepot Secures $3 Million Series A Led by Partech to Digitize FMCG Distribution to Informal Retailers in Africa

TradeDepot, the innovative SaaS platform for FMCG distribution in Africa has raised $3 million in funding from Partech’s recently launched Africa Fund. The Series A round which will support the expansion of TradeDepot’s footprint in Nigeria and development in other countries. According to Onyekachi Izukanne, co-founder and CEO of TradeDepot, “This ...

Why Nigeria’s VP Osinbajo Choosing Not To Visit Any Women-Owned Spaces on the #VPTourofTech Sets A Dangerous Precedent

Article by Mary Olushoga, founder of awpnetwork.com, a platform powering small business success for African entrepreneurs. *** Why are women innovators largely ignored in Nigeria’s male-dominated technology spaces? Why didn’t Vice President Osinbajo visit any women-owned spaces during the highly popular and attention-grabbing #VPTourofTech? On Tuesday, April 17, 2018 – ...

Nigeria’s patient-physician marketplace Doctoora wants to give patients easy access to doctors & health care facilities

A good number of Nigerian hospitals have very poor health facilities. This is so because it's government spends little to buy and maintain health care facilities, and running and maintaining healthcare facilities is quite expensive for private practitioners. As a result, most Nigerians healthcare professionals leave the country in search ...

SureRemit raises $7m through an initial coin offering to simplify international remittance

SureRemit, a non-cash remittance platform has raised $7Mn on the initial coin offering (‘ICO’) which saw several prominent cryptocurrency investors, such as Hashed, South Korea's largest cryptocurrency fund, participate. SureRemit, is a non-cash remittance platform using blockchain technology to help immigrants earmark and send funds home. Using a digital voucher platform ...

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