Nigeria, once the crown jewel of Africa’s venture capital landscape, is now weathering its steepest funding drought in half a decade. After leading the continent with record inflows in 2021, the country has now slipped from its VC throne, raising barely half of its previous haul and tumbling to
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Royal Ibeh is a senior journalist with years of experience reporting on Nigeria’s technology and health sectors. She currently covers the Technology and Health beats for BusinessDay newspaper, where she writes in-depth stories on digital innovation, telecom infrastructure, healthcare systems, and public health policies.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp