The closure of three key banks in the United States has taught Nigeria tough lessons, prompting Africa’s biggest economy to launch a $672 million fund to support its tech startups. Nigeria wants to cushion its startups against the kind of situation that Chipper Cash, a victim of the fall of SVB and the bankruptcy of […]
Tag: start-ups
Zanzibar launches new Wasoko tech hub for start-ups
The launch of the Wasoko Innovation Hub in Zanzibar by African e-commerce company Wasoko, in partnership with the regional government, marks the latest milestone in its rapid growth journey, which saw the start-up named as Africa’s fastest growing company by the Financial Times in May 2022. Located in Fumba Town, the Wasoko Innovation Hub will […]
Morocco’s Cleantech SMEs Get IFC Support
he International Finance Corporation has partnered with Cluster Solaire, an association of Moroccan sustainable energy actors for local industry development and start-up incubation, to support start-ups which design and market clean energy solutions. “Securing a greener future depends on pursuing an inclusive, economically, socially and environmentally beneficial energy transformation,” said Obaid Amrane, Permanent Secretary of […]


