54 Collective Shuts Down After Court Orders Liquidation Over $106M Mastercard Foundation Grant Dispute. 54 Collective, the venture firm formerly known as Founders Factory Africa, has byBolu BabalolaJuly 24, 2025
Africa’s First Digital SEZ Launches Full-Stack AI Growth Zone to Bridge Continental Infrastructure Gap. Itana aims to keep African AI talent from relying on expensive foreign GPU byFatima OladunniJuly 24, 2025
Egyptian Fintech Flend Raises $3M Seed Round to Digitize SME Lending Across MENA Egyptian digital SME lending platform Flend has closed a $3 million seed funding byBolu BabalolaJuly 24, 2025
Moroccan superapp ORA raises $7.5M Series A to digitize North Africa’s cash-heavy economy. Morocco-based superapp ORA Technologies has closed a $7 byBolu BabalolaJuly 21, 2025
Africa NewsFebruary 26, 2025 Entrepreneur Academy by 54 Collective Closes Its Doors After Years of Impact. The Entrepreneur Academy, an initiative by 54 Collective, is officially winding byFatima Oladunni
News NigeriaApril 2, 2024 Nigerian startup Thepeer forced to shut down due to regulatory hurdles. Three years after securing nearly $2 byMuhammed Mustapha
News NigeriaFebruary 19, 2024 Flutterwave-owned Disha to shut down operations next month. Disha, the no-code platform designed for creatives and acquired by Flutterwave byBolu Babalola
