cars45

No. 151: 3AMReads: Nigeria’s BOI Incentivizes Entrepreneurship | Cars45 CEO Speaks Out | China-Africa Trade Keeps Growing

May 12, 2017

Africa, Economics, Entrepreneurship, Geopolitics, Notes

bank of industry, carnegie mellon university, cars45, China, national youth service corps, Nigeria, Trade

Nigeria’s Bank of Industry Provides Interest-Free Loans to National Youth Service Members Nigeria’s Bank of Industry has developed a Graduate Entrepreneurship Fund in partnership with the country’s National Youth Service Corps. The program provides NYSC members with loans they can use to further establish their businesses, and it seems like a nice program. Nigeria requires…
No. 142: Three AM Reads: Cars45 gets $5m | Ethos Makes a Sugar Play | Ghana’s Illegal Mining Problem

May 1, 2017

Africa, Energy & Resources, Notes

balderton capital, cars45, ethos private equity, frontier car group, Ghana, illegal mining, little green beverages, Nigeria, SABMiller, South Africa

Cars45 Gets $5M to Streamline Nigerian Used Auto Sales Jake Bright reports that Cars45 raised a nice Series A round from Frontier Car Group that has backing from some serious names in the venture capital space – Balderton Capital, EchoVC, TPG Growth, and Maryland-based NEA. Seeing that Cars45 raised its round from this one group…