VC4A is targeting disruptive African scale-ups looking to raise between $500K and $10 million. Partnering with technical partner AWS Activate, VC4A will be hosting the exclusive ‘Venture Showcase – Series A’ in October as part of a virtual gathering of Africa-focused early-stage investors. Since 2017, VC4A has showcased growth-stage startups as part of the annual […]
US public relations (PR) company C Moore Media is calling on African female founders to apply to a public relations (PR) and communications mentorship programme. The Future is Female Programme, is aimed at African women based on the continent or in the diaspora, who are launching or growing a tech business for African markets or […]
In a bid to hasten the economic recovery of businesses in Oyo state, the state Governor, Seyi Makinde, has inaugurated a N1 Billion Micro, Small and Medium Enterprises (MSMEs) Development Scheme. Makinde said the scheme was part of the state’s post-COVID-19 economic recovery plans. The governor, while carrying out the symbolic presentation of cheques to […]
On the 20th of May,2020 in Lagos, Nigeria. Shell funded Nigerian impact investor All On is pleased to announce that 22 wholly Nigerian owned enterprises have been shortlisted for the 2020 USADF – All On Nigeria Off-Grid Energy Challenge. This third edition of the annual challenge, which is in partnership with the United States African […]
The Central Bank of Nigeria on Thursday said it plans to fund the value chains of nine agricultural commodities to the tune of N432bn in the 2020 wet planting season. These commodities include rice, cotton, oil palm, tomato, cassava, poultry, fish, maize, cocoa and livestock/dairy. Senior officials of the bank disclosed this at a stakeholders’ […]
To assist smallholder farmers in Asia, Africa and Latin America who are facing additional challenges resulting from COVID-19, Bayer, as part of its societal engagement activities and through its new “Better Farms, Better Lives” initiative, is providing seeds and crop protection inputs as well as assistance with market access and support for health and safety […]
Suguba in partnership Mercy Corps and the French Development Agency (AFD) and Mercy Corps – is organizing their second 6-month investment readiness program in West Africa to support the 8 most promising startups in the digital sector in Francophone West Africa. L’Afrique Excelle, the francophone adaptation of the World Bank’s XL Africa tech accelerator, was […]
The International Finance Corporation (IFC), a member of the World Bank Group has announced an investment of up to $100 million in Zenith Bank Plc to help increase support to clients and companies whose cash flows have been disrupted by challenges caused by the COVID-19 pandemic. The IFC’s loan to Zenith Bank is its first […]
The Central Bank of Nigeria (CBN) and other stakeholders yesterday launched the Agric for Food and Jobs Plan (AFJP) initiative aimed at mitigating the impact of the COVID-19 on food production in the country. The joint venture for the private sector via out- grower and farmers’ scheme was aimed at increasing the supply of locally […]
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has granted a one-year moratorium to beneficiaries of the One Local Government One Product (OLOP) intervention fund. Director General of the agency, Dr. Dikko Umaru Radda said the extension takes effect from April 2020. He made a statement saying, SMEDAN was conscious of the fact that […]
