Lagos, Nigeria 11 November 2021 - Ingressive Capital invests in a resilient early-stage startup, Aboki Africa despite the ongoing threats and structural challenges against Fintechs in Nigeria. Just recently, threats directed at one of the most popular platforms collating the black market foreign exchange rates in the country by one of the largest bodies…

Africa’s technology sector represents one of the highest-growth areas for venture capital investment -- investment into the region increased 74% in 2019 and more than doubled in 2020 but still, there exist a funding gap. To this we had experts in the industry such as Abasi Ene-Obong of 54gene, Damilola Teidi of CC Hub, Uwem…

When we had our retreat and discussed our plans as a company in 2021, apart from four of our comparative advantages, one phrase we echoed was “make an impact in the ecosystem” as as generic as that phrase might sound, it has been etched in our minds when we make decisions from fund raising to…

Venture Capital in Nigeria started informally by industry leaders like Professor Adebayo Adedeji . He wrote the Lagos Action plan of 1980 which served as the stimulant for the establishment of the African Industrial Development Fund, a pioneer Fund that looked into Africa industrialisation and development of local technology. Another notable mention is  Henry…

Kwaba is a platform that helps low and middle-income earners split their annual rent into convenient monthly instalments, making rent payment less stressful and quicker to meet up with. Ingressive Capital , a $10 Million VC fund targeting early-stage startups across Sub-Saharan Africa, recently invested in Kwaba to help them expand their reach and…