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Sunday, May 24, 2026

Tage Kene-Okafor

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LoftyInc Capital launches third fund at $10M for a more diverse portfolio of African startups

LoftyInc Capital, a pan-African VC firm, announced today that it is launching its third fund — LoftyInc Afropreneurs Fund 3 — at $10 million...

PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. It’s literally a no-brainer....

Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus

Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations on the back of leaving the Techstars...

Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

Servicing one’s car personally is a time-consuming, expensive and painstaking process. It’s a cycle that can lead to more expensive repairs and safety issues...

Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online

The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. In fact, it might be the...

How Adia Sowho helped steer Thrive Agric through the pandemic crisis

Nigeria’s less than two-decade-old ecosystem is evolving fast. But behind the funding and legitimate hype, there’s without a doubt plenty of learning that needs...

Omnibiz gets $3M to digitize Nigeria’s informal B2B supply chain

Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is still king. A 2016...

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