Africa Startup Funding Crashes 80% as Investors Retreat
African startups raised 80% less funding in 2026 as investors pull back, but some sectors still attract capital. Explore the resilience amid the crash.
Category : Startups
Data Factory Global launches Nigeria data marketplace
Data Factory Global launches Nigeria's first data marketplace to expand access to high-quality public datasets, boosting research and innovation.
FG Opens N482m iDICE Startup Bridge Growth Lab for 12 Startups
The Federal Government has launched applications for the iDICE Startup Bridge Growth Lab, offering up to $350,000 (N482.4 million) for 12 Nigerian tech startups through a 12-week accelerator programme.
Enterprise Support Capacity for Start-ups in Nigeria
The iDICE programme seeks ESOs to enhance start-up service delivery in Nigeria through capacity development. Expressions of interest are invited.
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Nigerian Man First in Family to Own Registered Tech Company
A young Nigerian man, @emmannuel_codes, celebrates registering his tech company Collan Tech Solution Limited, becoming the first in his bloodline to own a registered tech firm.
Nigeria's 5 Unicorn Startups Worth Over $9 Billion
Discover Nigeria's five unicorn startups valued at over $9 billion in 2026, including Flutterwave, Interswitch, OPay, Andela, and Moniepoint, and why fintech dominates.
UAE 2026 Minimum Wage and Salary Structure Released
The UAE has released updated minimum wage and salary data for 2026, with AED 6,000 for Emirati nationals in private sector. Expatriates face wide disparities.
UK Tightens Student Visa Rules to Curb Asylum Misuse
The UK introduces stricter student visa rules to prevent misuse, including a 95% enrolment threshold and a traffic-light rating system for universities.
3MTT Opens 3,000 Tech Jobs with ₦150,000 Monthly Pay
The FG-backed 3MTT programme unveils 3,000 tech jobs with ₦150,000 monthly salary, bridging the skills-to-jobs gap for Nigerian youths. Apply by May 14, 2026.
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Tesla Recalls 218K Vehicles Over Camera Delay Risk
Tesla recalls more than 218,000 Model 3, Y, S, and X vehicles due to delayed rearview camera images that increase crash risk. Free software update offered.
WETI Founder Urges Reforms for Women Exporters
Efe Usin of WETI calls for policy reforms to address barriers limiting women in Nigeria's export trade, including finance, logistics, and certification issues.
Nigerian AI Startups in Google Accelerator Africa 2026
Four Nigerian technology startups—Bani, MasteryHive AI, Regxta, and Termii—have been selected for the 10th Google for Startups Accelerator Africa cohort, chosen from nearly 2,600 applications. They are part of a 15-company pan-African group, leveraging AI
Google Picks 15 African Startups, 4 Nigerian Firms in AI Accelerator
Google has chosen 15 African startups for its 2026 accelerator program, with four Nigerian companies focusing on AI solutions for financial services and communications.
EcoBagMart Wins Innov8League 4.0, Africa Startups Gain Global Attention
EcoBagMart, a sustainable packaging startup, has emerged as the winner of Innov8League 4.0, highlighting growing global investor interest in Africa's innovation ecosystem. The competition awarded a $5,000 prize package and support for market expansion.
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PowerLabs Raises Capital for AI Energy Management Platform
Energy startup PowerLabs has raised pre-seed funding to develop an AI-driven platform that coordinates multiple energy sources for businesses, addressing Nigeria's N1.11 trillion alternative energy spending inefficiencies.
Email Marketing for Nigerian Start-ups: Moosend vs Brevo
A detailed analysis of email marketing platforms for Nigerian start-ups, highlighting Moosend for budget-friendly automation and Brevo for high-volume senders, based on user reviews and founder consultations.
eSocialMint Platform Transforms Community Engagement
eSocialMint, a tech start-up founded by Fisayo Olamigoke, launches a hybrid social platform that integrates event management, social networking, and commerce to enhance global community interactions.
Ekiti Launches Fund for Startups, Businesses to Boost Economy
The Ekiti State government has introduced the Innovation Enterprise Support Fund, offering funding, mentorship, and market access to startups and tech businesses to foster innovation and economic development.
Adeosun Unveils Nidacity Platform to Support Nigerian Startups
Former Finance Minister Kemi Adeosun has launched Nidacity, a private sector educational media platform aimed at reducing Nigeria's 95% startup failure rate by providing practical education, mentorship, and business intelligence to entrepreneurs, especial
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Nidacity Launches to Tackle Startup Failures in Nigeria
Former Finance Minister Kemi Adeosun launches Nidacity, a digital platform to support Nigerian entrepreneurs with practical knowledge and mentorship, aiming to reduce the 95% startup failure rate within five years.
African Startup Debt Financing Hits $1.2 Billion
Debt financing for African startups surged from under $300 million in 2021 to $1.2 billion in 2025, now accounting for 38% of total disclosed funding, with institutional investors driving the shift.
Nigerian Techpreneurs Get $100K Equity Investment, Grants
The iDICE Startup Bridge Programme launches, offering $100,000 equity investments and grants up to N10 million to support early-stage tech founders across Nigeria's 36 states and FCT.
2026 Nigeria Youth Futures Fund: $50,000 Grants Available
Nigerian youths and youth-focused organizations can apply for the 2026 Nigeria Youth Futures Fund, offering grants up to $50,000 for leadership development and social impact projects. Application deadline is March 31, 2026.
Nigerian EdTech Startups Can Access $100,000 Fellowship Funding
Applications are open for the 2026 EdTech Fellowship Programme, offering Nigerian startups up to $100,000 in equity-free funding to enhance education access through technology.
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Nigeria Launches $50M Innovation Fund with Japan for Startups
The Federal Government has launched a $50 million Impact Innovation Fund to support Nigerian startups addressing social challenges, with funding from NSIA and Japan's JICA.
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Google Opens 10th Africa Startups Accelerator Applications
Google has opened applications for the 10th cohort of its Startups Accelerator Africa, focusing on AI and machine learning startups building impactful solutions across the continent. Applications close March 18, 2026.
Nigeria startups get $343m in 2025's $3.2b African funding
African startup funding surged 40% to $3.2 billion in 2025, breaking a two-year decline. Nigeria secured $343 million. Discover the key trends and top-performing countries.
Nigeria Tops Pre-Seed Funding as Continental Investor Pool Shrinks
A new report reveals a worrying drop in pre-seed investors across Africa, with Nigeria among the 'Big 4' attracting most capital. Experts call for $120m yearly to fix the innovation pipeline gap. Read the full analysis.
African startups raise $3.2bn in 2025 funding
African startups, led by energy and fintech sectors, raised $3.2 billion in 2025, marking a 40% year-over-year increase and a strong rebound from previous declines. Discover the key players and trends.
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Teen Innovation Challenge Launches in Nigeria January 2026
Youth-led iCOVE partners with UNICEF ambassador Tariq Lawal to launch a challenge for African teenagers. The initiative aims to foster innovation and entrepreneurship among young Nigerians.
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