Foreign Investments in Nigerian Startups Experience a 65% Decline

Foreign investments in Nigerian startups witnessed a significant decline, falling by 65.83% year-on-year to $410 million in 2023, compared to $1.2 billion in 2022. This sharp drop in investments has led to Nigeria losing its top position in terms of total startup investments on the continent to Kenya. According to an analysis conducted by the … Continue reading Foreign Investments in Nigerian Startups Experience a 65% Decline