Alexander O. Onukwue
Reporter at Semafor
Reporter for @semafor in Nigeria ▪︎ [email protected] ▪︎ previously @qz
Articles
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6 days ago |
semafor.com | Alexander O. Onukwue
African fintech Moniepoint plans to use a money transfer platform launched this week as the first step toward building a larger financial services company serving Nigerians in the UK, an executive told Semafor. The MonieWorld service enables money transfers from the UK to Nigeria, the latest in a growing number of remittance products from Africa targeting the $100 billion that flows annually from immigrants in the diaspora to the continent.
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1 week ago |
semafor.com | Alexander O. Onukwue
African firms became the largest bloc investing in African startups for the first time in 2024, with nearly a third of investors that year coming from the continent, up from a fifth a decade earlier. The firms helped raise the $3.6 billion total that African startups received last year, the African Private Capital Association (AVCA) investment industry body said in its latest report.
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2 weeks ago |
semafor.com | Alexander O. Onukwue
Nigerian officials raised concerns about sweeping US tariffs, which came into full effect on Wednesday, saying they could negatively impact Africa’s largest oil producer as crude prices drop over fears of a global recession.
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2 weeks ago |
yahoo.com | Alexander O. Onukwue
The NewsNigerian officials raised concerns about sweeping US tariffs, which came into full effect on Wednesday, saying they could negatively impact Africa’s largest oil producer as crude prices drop over fears of a global recession.
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2 weeks ago |
semafor.com | Alexander O. Onukwue
Ivorian digital bank Djamo said it now has 1 million active users, four years after it began operations to take on Francophone West Africa’s established commercial banks and mobile money providers. The Abidjan-based startup, which also operates in Senegal, raised $17 million this month, one of the largest venture capital rounds by an Ivorian startup, from a range of investors including Janngo Capital and Partech.
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'The Nigerian dream is to leave Nigeria' https://t.co/RNHjLcvlvG https://t.co/ZOPpUJ8Y1L
Ethan Nwaneri. He’s Ready.
“Fundraising in Africa as an emerging female fund manager — Francophone, in her thirties — it’s not for the faint of heart" Senegalese investor Fatoumata Ba tells @SemaforAfrica, describing triumph and relief at raising $78 mn for her 2nd investment fund. https://t.co/AO9lHFT4KR