Nigerian startups still thrive almost exclusively on foreign investment
Foreign investment accounted for 98% of the total funds raised by Nigerian Internet startups in the second quarter of 2018, as revealed in Techpoint’s Nigerian Startup Funding Report for the same period. The ratio of foreign to local investors for this period was 7:2 but in value, the ratio was about 13:1. One thing that’s Read more about Nigerian startups still thrive almost exclusively on foreign investment[…]
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