Ojukwu Emmanuel
AUTHOR: Ojukwu Emmanuel
Partech Africa Closes Its Second Africa-Focused Fund at $300M to Invest in Startups
Partech Africa, a private equity fund launched by Partech, has closed its second Africa-focused fund at $300 million, to invest in African startups from...
Nigerian Cleantech Company Arnergy Raises $3 Million in Funding to Expand Operations
Arnergy, a Nigerian cleantech company that offers sustainable solar solutions that are tailored to address pressing energy needs, has announced the raise of $3...
OpenAI Launches ‘Sora’, Its AI Model That Generates Video From Text
US-based Artificial Intelligence (AI) company and maker of ChatGPT, OpenAI, has launched a Generative AI model known as ‘Sora’, that creates videos from text.
The...
Nigerian Mobility Startup Moove Secures $10 Million in Debt Funding to Expand Operations in...
Nigerian mobility Fintech startup that provides revenue-based vehicle financing and financial services to mobility entrepreneurs, Moove, has secured $10 million in debt funding from...
Forex Crisis: CBN Bars International Oil Companies From Remitting 100% Forex Proceeds Abroad
The Central Bank of Nigeria (CBN) has restricted International Oil Companies (IOCs) from remitting 100 percent of their forex proceeds abroad.
This was disclosed in...