Nigeria’s startup ecosystem has long been the powerhouse of African tech by attracting significant capital despite macroeconomic headwinds.
After raising an estimated $520 million in equity funding in 2024, the nation successfully reclaimed its position as the continent’s top VC destination.
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
