Good morning 👋
Hub One, FCMB’s innovation hub, had another edition of its Insider Series recently. It was an insightful webinar with the speaker sharing on the current state of play in the venture capital industry, what investors are looking for during this funding winter and tips for founders looking to raise funding in this environment.
Did you missed the webinar? You can watch it by clicking this link!
In this week’s edition
Africa’s Business Heroes 2024, Norrsken Accelerator, and other opportunities.
Nigeria sues Binance, Leatherback partners India’s YES BANK, plus other noteworthy Naija tech news.
Events, and more.
Opportunities you should not miss!
— Africa’s Business Heroes 2024
This program aims to identify, support, and inspire the next generation of African entrepreneurs who are making an impact in their local communities, working to solve the most pressing problems, and building a more sustainable and inclusive economy for the future.
Selected participant will receive grant funding, training programs, and broader support for the broad African entrepreneurial ecosystem.
— Norrsken Accelerator
This is an initiative for early-stage founders with a vision for a better future. The selected founders will receive upfront investment of $125,000 and get access to mentors, top investors and a global network.
— Justice Accelerator 2024
This program provides startups with a four-month program that includes €10,000 in non-equity seed funding, and business development support (training, coaching, and mentorship).
— TechCrunch Startup Battlefield 200
This initiative seeks to provide 200 early-stage founders with access to exclusive workshops, investor office hours, mentorship, training, perks, and free exhibition space. 20 founders will then be selected for the Startup Battlefield competition, for a chance to win $100,000 and the coveted Disrupt Cup.
— Unicorn Kingdom: Pathfinder Awards
This is an initiative of the UK's Department for Business and Trade (DBT) to unearth and showcase the most promising scale up companies in the tech industry. Winners will receive a tailor-made programme in the UK, including meetings with leading industry and government sector specialists and invitations to VIP events and receptions.
Snapshot of noteworthy events in Naija’s tech ecosystem last week:
— The Nigerian government is suing Binance for tax evasion. Read more
— Nigeria’s financial intelligence unit (NFIU) and Economic and Financial Crimes Commission (EFCC) are working together to get the country off the FATF’s grey list. Read more
— Bytedance, makers of TikTok, has shutdown LetsChat, a messaging app that competed with WhatsApp and Telegram. Read more
— Trade Lenda launched a N10 billion Fund to support women and shariah complaint businesses. Read more
— Leatherback announced a partnership with YES BANK, a private sector bank in India. Through the partnership, Leatherback's customers will be able to seamlessly send money (GBP, NGN, CAD, or USD) to India. Read more
— Treepz unveils new website and expands transport services. Read more
— Abia council partners GetBundi EdTech to equip youths with digital skills. Read more
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Tech events you should attend!
— 20th Annual AVCA Conference & VC Summit
— Invest in Africa Summit 2024
— Google Women Techmakers Yaba Chapter: International Women's Day Event 2024
What we are reading
— The startup working to teach AI about African history. Link
— Execution is King: How to avoid the top culprit of startup failure. Link
— Strategies for Global Expansion and Foreign Currency Earnings. Link
Thank you for reading. See you again next week 👋
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