Nigerian Founders Stranded As Startup Fave Mercury Pulls The Plug
Mercury Bank closes accounts linked to businesses in Nigeria and other countries, causing disruption in the local tech ecosystem. The closure of Mercury accounts will impact Nigerian startups heavily reliant on dollar funding and international operations.
FG approves startup hub in San Francisco and an SPV that will build 90,000km of fibre optic cable
The Nigerian Minister of Communications, Innovation, and Digital Economy has announced plans to establish the Nigerian Startup House in San Francisco. The project aims to attract investments and promote Nigeria's startup ecosystem.
Partech Cements Commitment to African Tech with $300M Fund and Lagos Launch
Partech secured $300 million for its second Africa-focused fund, Partech Africa II. Partech opened a new office in Lagos, Nigeria's startup hub.
