Nigeria, Japan Launch Naira VC Fund to Shield Startups From FX Risk
In a landmark move aimed at accelerating entrepreneurship and investment in Nigeria, the federal government has partnered with Japan to launch a naira-denominated venture capital fund targeted at high-growth startups. The initiative, now formally approved by the Japanese government, is structured to provide long-term concessional financing while insulating startups from the volatility of foreign exchange […]
Read MoreNigerian Startups Shine At NSIA Innovation Prize, Winning $220
In a boost to Nigeria’s burgeoning tech scene, three startups have emerged victorious at the NSIA Prize for Innovation, taking home a total of $220,000. Sycamore, a fintech platform, claimed the top prize of $100,000, followed by ed-tech company Kunda Kids with $70,000, and PaveHQ, a learning and career ecosystem, with $50,000. The winners were […]
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