On this episode, Laolu, Furo, and Nosa discuss some recent fundraises in the ecosystem — Spiro’s $215M raise backed by Impact Fund Denmark and Equitane, Nala’s $50M credit facility, LemFi’s $34.8M extension, BFREE’s growth round led by AfricInvest, and Shiprazor’s $2.65M seed funding.

They also unpack Chowdeck’s vendor trust issues and explore broader financial trends and news.

This episode is sponsored by Busha — Nigeria’s licensed digital assets exchange for businesses looking to move money across borders. If you are running a business exploring fast cross-border payments, stablecoin and FX liquidity, and easy treasury management, get started at busha.io/business, and for individuals? You can buy, sell, and send digital assets anywhere in the world, and also save in naira or dollars, with up to 20% annual interest. Download the Busha App and use code OPENAFRICA or visit https://surl.li/jvbwvt to get started.

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