A country in East Africa known for its rapid economic growth and innovation-friendly policies, particularly in the tech sector.
Nigeria’s fintech regulators seen as neutral referees, not roadblocks, new CBN report finds
Half of fintech stakeholders view the regulatory landscape as supportive, while the other half see it as restrictive. Ambiguity in regulatory guidelines and prolonged approval timelines are the most significant challenges faced by fintechs.
develoPPP Ventures Opens EUR 100K Funding for East African Startups
develoPPP Ventures has launched its 10th cohort for startup funding. The program offers EUR 100K in non-dilutive, matching funding.
Washington backs Zipline’s African expansion with $150 million
The U.S. Department of State awarded $150 million to Zipline for expanding drone delivery services in Africa. The funding is part of a results-based financing model, releasing funds only when African governments commit to operational costs.
Zipline to receive $150m U.S. backing to expand AI drone delivery across Africa
Zipline is set to receive $150 million from the U.S. Department of State for expansion in Africa. Funding is contingent on signed national expansion contracts from Rwanda, Côte d’Ivoire, Kenya, and Nigeria.
