Posts in Tag

Nigerian

Nigerian fintech startup Billboxx has raised $1.6 million in a pre-seed funding round, aiming to empower African small and medium-sized enterprises (SMEs) with cash flow management solutions. The funding, a combination of debt and equity, was led by Norrsken Accelerator, Kaleo Ventures, 54 Collective, P2Vest, and Afrinovation Ventures. Addressing SME Cash Flow Issues Founded in 2023 by Justus Obaoye and Abdulazeez Ogunjobi, Billboxx offers invoice financing and payment processing services to help SMEs combat cash flow challenges caused by delayed payments from enterprise clients. The platform facilitates upfront payments for

Nigerian e-health startup, Field, has unveiled a new service aimed at addressing Africa’s maternal mortality crisis. Backed by a $11 million investment from the Bill & Melinda Gates Foundation, Field’s initiative focuses on emerging therapies for maternal, newborn, and child health as well as improving nutrition across the continent. Helping healthcare access Co-founded in 2015 by Michael Moreland, Justin Lorenzon, and Peter Bunor, Field has already made significant strides in transforming healthcare delivery through its pharmaceutical supply chain solutions, operating in Nigeria and Kenya.  The company has supported over 800

Meta Platforms Incorporated recently announced that it will enable content creators in Nigeria and Kenya to monetize their content on Instagram and Facebook starting June 2024. Monetizing Instagram Content Spearheaded by Nick Clegg, President of Global Affairs at Meta, this initiative aligns with the growing recognition of Africa’s digital potential. Meta will introduce a feature on its Instagram app in June, allowing Nigerian creators to monetize their content and earn a living using it. Creators can run ads in-stream and engage with an international audience.  “Nigerian creators have global reach,” Nick Clegg, the company’s President of

Nigerian-born Richard Nonso is among the recipients of the Tomorrow’s Leaders Starting Out (ToLSO) program, a micro-grant for young Canadians. Tomorrow’s Leaders Starting Out  ToLSO is a project delivered by Nigerian Canadians for Cultural, Educational, and Economic Progress (NCCEEP). Launched in December, ToLSO is a micro-grant for young Canadians aged 15-30, funded by the Canada Service Corps. Offering a $5,000 micro-grant, it aims to empower young Canadians to create action-based projects that make a lasting difference in their communities. Although the program is available to grant candidates of any background, NCCEEP member and program

Mariam Jimoh, the founder of African and Caribbean goods and foods online delivery service Oja has announced the digital supermarket is shutting down. Oja – Digital Supermarket In 2020, British Nigerian Mariam Jimoh launched Oja, which means market in Yoruba, as the UK’s first ethnic digital supermarket focusing on African and Caribbean goods.  After struggling to find the Nigerian food she grew up with in her local supermarket chain, Jimoh was motivated to leave her corporate career and work towards a solution. The result was Oja, which promised fast and