DealDey News

Nigeria's Cars45 closes $5M round to digitize Africa's used autos markets

Nigeria's Cars45 closes $5M round to digitize Africa's used autos markets

Africa’s startup boom is moving into the used-vehicle space. Nigeria based Cars45.com raised a $5 million Series A round from the Frontier Cars Group, a holding company whose backers include Balderton Capital, EchoVC, TPG Growth, and NEA.

Nigerian e-commerce site DealDey gets acquired by Swiss media group Ringier (Infographic)

Nigerian e-commerce site DealDey gets acquired by Swiss media group Ringier (Infographic)

The African subsidiary of Swiss media and e-commerce company Ringier has acquired Nigerian online shopping startup DealDey for an undisclosed amount.

Funke Opeke, CEO, MainOne Cable

Funke Opeke: Nigeria's cyber revolutionary

The only major road through Lekki is clogged, even on a Saturday afternoon. The expressway through the swampy peninsula that expands the city of Lagos in an easterly direction is riddled with street hawkers peddling red grapes, shoe racks and phone chargers to the cars caught in the hold up.

Dealdey raises $5M in series B funding from Swedish investment company Kinnevik. Credit: techcabal.com

DealDey raises $5M in series B funding from Swedish investment company Kinnevik

DealDey, a Nigerian ecommerce website that aggregates discounted goods and services, has raised $5 million in follow-on funding. DealDey’s second round of funding comes from its original investor, Kinnevik.

Sim Shagaya, Founder & CEO of Konga and DealDey

Building Konga, Africa's Alibaba: Sim Shagaya (Part One)

Chatting with Simdul Shagaya is like an intense, super-charged colloquy on doing business….in Africa.

Nigerian flag

EnterpreneurCountry expanding to Nigeria

EnterpreneurCountry, a 133,000-member strong entrepreneurial ecosystem has announced expansion plans for Nigeria with the goal of providing funds for tech startups.

Bethlehem Tilahun Alemu, CEO, SoleRebels

10 Young African Millionaires To Watch in 2014

Building a million-dollar business is hard enough.

Jason Njoku

Top 10 Tech CEOs In Nigeria

Drawing from statistics of Nigeria’s rebased GDP figures, information and communication technologies (ICT) and its sub-sectors are key drivers of Nigeria’s impressive economic growth.