Nigeria lags behind in startup funding after four-year dominance
African startups raised about $2.8 billion in funding by August 2025. Kenya raised $879 million and South Africa $848 million, surpassing Nigeria's $186 million.
Nigeria’s Caring Africa joins Morgan Inclusive & Sustainable Ventures as sole African pick
Caring Africa has been selected for the 2025 Morgan Stanley Inclusive & Sustainable Ventures. The organization is the only Africa-based care tech venture in the cohort.
Condia Insider: Who pays the price for Nigeria’s PoS crackdown?
The Central Bank of Nigeria announced that every PoS terminal must be geo-tagged to combat fraud. The new rule requires all terminals to run on Android 10 or higher and capture their exact location during transactions.
The Rise of AI Startups in Africa: Tools, Trends & Talent
South Africa is leading the AI landscape with strong telecom and financial sectors. Nigeria is emerging as a significant AI hub, particularly in credit scoring and agriculture.
