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These Nigerian Startups Raised over $100 Million in Funding, got Bankrupt and Shut Down
These 7 Nigerian Startups, successfully raised huge $Million funding from foreign investors, yet got bankrupt leading to complete shutdown and final business closure. Photo Credit: Shutterstock
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Applications Open for African Union Enterprise Africa Network (EAN) Programme Cohort 2 (2026/27)
The programme targets youth- and women-led enterprises that are formally registered and operating in AU Member States. It is designed for established businesses (not pure early-stage ideas) with growth potential, especially those prepared or preparing for cross-border trade. Photo Credit: African Union
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Bill Gates Daughter Accused of Defrauding Business Partners; Faces 20 years in Jail
Bill Gates’ daughter Phoebe Gates, 23, has been accused of “cookie stuffing” at her multibillion-dollar startup, Phia – an illicit practice that comes with a maximum penalty of 20 years in federal prison. Photo Credit: Forbes
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Applications Open for Pave HER Way Women’s Grant Programs 2026 (Up to $90,000 in Funding)
Pave HER Way exists to empower courageous women to make the world more equitable for all women and girls. Founded by CEO Irene Shih along with co-founders Jamie Mohn and Joe Blackstone, the organization goes beyond one-time grants. It aims to remove systemic barriers by combining financial support with sustained mentorship, network access, and community.
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ECOWAS Launches Africa Youth and Women Entrepreneurship Program (EYWEP)
The program will support young entrepreneurs and women entrepreneurs through an integrated set of services, including capacity building, mentoring, access to business networks, technical support, and financing mechanisms tailored to the needs of high-potential businesses. Photo Credit: ECOWAS
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Apply for OCHF Business Growth Grant for Entrepreneurs and Technology Innovators (Up to ₦1 Million)
OCHF 2026 Business and Technology Innovation Grant Flyer – Photo Credit: OCHF
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