The World Bank has underscored the potential of Artificial Intelligence (AI) to address various developmental challenges faced by low- and middle-income countries like Nigeria. In its “Digital Progress and Trends Report 2023,” released on Tuesday, the World Bank highlighted AI’s capacity to enhance financial inclusion and ensure equitable and efficient […]

Prospa, a YC-backed Nigerian startup offering software and financial services to entrepreneurs and micro-businesses, has announced it closed a $3.8 million pre-seed investment, which was oversubscribed by 380%. The round was backed by venture funds Global Founders Capital and Liquid 2 Ventures. Leading entrepreneurs also participated in the round including […]

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