Rocket Internet’s Africa play, AIG (Africa Internet Group) raised 50 million Euros from the CDC, UK’s development finance institution. This equity investment brings their total raise till date to around $467 million, and it will be used to “improve existing operations and expand into new countries”. Recall that all ten startups under AIG were brought […]
Join Ugodre Obi-chukwu, Eloho Omame, Ope Adeoye, Yvonne Johnson, and Raphael Afaedor.
HelloFood, Jovago, Carmudi, etc. are going to be part of one big brand
I conceived of the idea for Hotels.ng in early 2012. I started working on it then (it was called hotels.com.ng), made a beta, and then went out trying to raise money. I knew next to nothing about raising money. One of the first investors I approached was Rocket Internet. I sent them a plan with […]
The writing’s been on the wall for a while now.
Orange is joining previous investors Millicom, MTN, AXA, Goldman Sachs and Rocket Internet.