Africa coronavirus cases

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Venture capital firms are collaborating to offer equity-free grants to keep Nigerian startups alive

The grants of up to $20,000 will only be offered to startups that have raised seed capital and had accrued annual revenues of $60,000 before the pandemic

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African venture funding is expected to slow but impact investors are boosting health and agri-tech startups

Impact investment players are likely to double down on backing companies solving primary problems across Africa.

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Ordinary Nigerians are filling the country’s major social welfare gaps amid coronavirus

Food banks, online donor platforms and tech startups are providing social welfare while the Nigerian government struggles to do so.