| | | №7 | | | | | The end of 2021 was full of surprises! | | We unveiled the dark horse behind the 5G license; met the Nigerian engineer who made history by selling her company to the US; and we also examined the highs, lows and woes of cryptocurrencies. | | | | | | | Women in business, get ready for N40bn of investments | | Tokunboh Ishmael and Polo Leteka want to help more women become millionaires, and they've secured funds to do it.
This year women-only entrepreneurs have gotten less than 2% of the almost $5 billion funds into Africa. Access to finance is one of the primary issues that women face, which Ishmael, Leteka seeks to address. | | | | | | Test your nerves: Crypto traders share stories of success and failure | | During the last year, Bitcoin has doubled its value. This was not left behind the easy money lovers, who dream of suddenly becoming billionaires. And many made their first crypto-investments, not only in bitcoin.
However, month-to-month traders have sleepless nights because of the volatility of cryptocurrencies.
This man was halfway to becoming a billionaire but then lost everything in 5 minutes. | | | | | | | MainOne goes to the US: Meet the woman behind the deal of the month | | One of the most talked-about names of the latest weeks in Nigeria's technology space is Funke Opeke. She is the engineer and the founder of MainOne, one of Africa's most important and pivotal tech companies in the past decade.
On Tuesday, December 7, 2021, she announced her 12-year-old company will be taken over by a US company for N134.7bn. However, her journey wasn't a smooth ride. | | | | | | | New name that defeated Airtel, Glo and 9Mobile | | If you mention the name, Mafab Communications to a close friend, or even if you try harder and say Dr. Musbahu Mohammad Bashir, the response will almost certainly be, "Who is that?".
Meanwhile, the Nigerian Communications Commission announced Mafab Communications as one of the winners alongside MTN Nigeria for the deployment of 5G in Nigeria. And Bashir consequently became one of the most searched names on the internet. | | | | | | | Who gives money to Nigerian startups? TOP investors revealed | | The year 2021 was great for Nigerian start-ups, especially for fintech companies.
As of Wednesday, December 1, five global investors in 2021 have funded Nigerian ideas to the tune of over N500bn. The amount raised by Nigerian youth-led businesses is a record high, surpassing South Africa, Kenya, and Ghana. | | | | | | | | Thanks for reading! We are more than happy to have you with us!
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