TLcom reaches midpoint deployment in $5M TAPSI fund with key bet on TurnStay
TLcom Capital has deployed 50% of its $5M pre-seed fund, TAPSI. The firm backed South African travel payment platform TurnStay’s $2M seed round.
From ₦500 flyers to millions of views: The creator journey of Abayomi Semudara
Abayomi Semudara started learning design while studying Educational Management at the University of Lagos. He transitioned from motion graphics to logo design due to software limitations on his laptop.
4 African startups that shutdown in Q1 2025
African tech startups secured $780 million in funding in the first half of 2024, a 57% decrease from 2023. 54gene, a Nigerian genomics company, and Sendy, a Kenyan logistics startup, shut down due to funding problems.
Nigerian Edtech Gradely names Adebayo Alomaja as Deputy CEO
Adebayo Alomaja has been appointed as Deputy CEO of Gradely. Alomaja has significantly contributed to Gradely's international tutoring business, achieving six-figure annual recurring revenue.
How high inflation, low income stall growth for Nigerian edtech startups
Edukoya secured $3.5 million in funding in 2021 to enhance its technology and expand its business. Edukoya shut down core operations in February 2025 due to low disposable income and macroeconomic conditions.
