FB market cap has more than doubled since the end of 2016, with the company valued at roughly $720 billion

https://www.forbes.com/sites/greatspeculations/2020/08/05/facebook-added-over-350-billion-in-value-since-2016-can-it-repeat/?sh=323401cd17f4

Twitter Market Value Surges To $50 Billion

https://www.forbes.com/sites/greatspeculations/2020/08/05/facebook-added-over-350-billion-in-value-since-2016-can-it-repeat/?sh=323401cd17f4

PlayerMeji:
Is this the brain you work with or the one you play with?

Frontail:

Facebook users

1.84 billion daily

Twitter Users

192 million daily

The Developer Space aims to support start-up companies and programmers in Africa. Through this office, the African technology community can make use of some resources from Google to carry out their projects.

Additionally, the space will also serve to organize events and gatherings between entrepreneurs, programmers or potential investors. Therefore, the city of Lagos is now more relevant in the field of technologies.



https://www.entertainmentbox.com/google-opens-developer-space-office-in-africa/

festacman:
Seconded!

Ghana can have Twitter. We are happy to have Facebook and of course, Nairaland.

countryfive:



with the way things are now facebook will not enter nija , do you think any right thinking investor
will come to nija after watching lekki toll gate massacre , banditry, heardsmen slauthering unknown gunmen, police brutality on tv and still say its safe to do biz here.

countryfive:



with the way things are now facebook will not enter nija , do you think any right thinking investor
will come to nija after watching lekki toll gate massacre , banditry, heardsmen slauthering unknown gunmen, police brutality on tv and still say its safe to do biz here.

plaindealer:



You Igbos always assume that the rest of the world share your backward and caveman thinking.

festacman:


Honestly, the prevailing environment is not investor-friendly but the decision is for owners of Facebook to make.

Nigerian Startups Secure More Funding In A Single Month Than Whole Of 2020


In a month tech investors decided to open their investment wallets in an unusual manner, five Nigerian startups have found themselves raising $202 million. It is the most investment in a single month since 2019 and beats the whole money raised in 2020.

Flutterwave opened the month of March with a $170 million Series C funding that pushed its valuation to over $1 million; Havenhill Nigeria Limited, a clean energy company raised $4.5 million on the same day as Flutterwave; Kuda Bank followed with $25 million; Termii and Kwik came a day later announcing raising $1.4 million and $1.7 million respectively.

This is the most funding closed in a month since the $200 million investment by Visa in Interswitch. Although Paystack pulled in $200 in the deal with Stripe in October 2020, it is an outright acquisition and so does not count as funding.

The $202 million funding is even more impressive as it eclipses the record of the entire investment in 2020 when about 82 Nigerian startups could only haul in $170 million.

https://innovation-village.com/nigerian-startups-secure-more-funding-in-a-single-month-than-whole-of-2020/

plaindealer:

Wizzzzmike:


E pain ooo... Ghana jollof yummy

Blackfire:
all blame should be on those who voted for this buhari ..

The Great Debate: Why Nigeria may be the Best Country to Launch and Scale Your Tech Startup!


https://medium.com/the-gps/the-great-debate-why-nigeria-may-be-the-best-country-to-launch-and-scale-your-tech-startup-bab2ede51707

plaindealer:

countryfive:
Lets not be jealous ,Ghana did not offend us in this, they deserve it . Jack loves Nigeria and deep down he knows it should be us , but the abokis who thrèathen to sue him and the ones who wants to shut down the interment because of lekki protest, or the mallam that attacked twitter calling it fake news pedlers , and the ones who knows they are unfit to lead us but voted them for second term because of greed are the ones to blame.

and what if he chooses Lagos Nigeria instead of thanking God it will turn to tribal war with boastings on triballand

plaindealer:







The year is not even halfway yet, but we've secured more TECH investment than the whole of last year.

Tech Investors are rushing to Nigeria with their investments, but according to you, Nigeria is not investor-friendly.

Solsix:
And who told you Facebook will chose Nigeria??

Solsix:
And who told you Facebook will chose Nigeria??

Opening an Office in Lagos, Nigeria


The opening of our new office in Lagos, Nigeria presents new and exciting opportunities in digital innovations to be developed from the continent and taken to the rest of the world.

All across Africa we’re seeing immense[b] talent in the tech ecosystem, and I’m proud that with the upcoming opening of our new office, we’ll be building products for the future of Africa, and the rest of the world, with Africans at the helm. We look forward to contributing further to the African tech ecosystem

https://about.fb.com/news/2020/09/opening-an-office-in-lagos-nigeria/

plaindealer:

Nigerian Startups Attracted 17% of Over $1bn Africa Funding in 2020

https://technext.ng/2020/12/10/nigerian-startups-attracted-17-of-over-1bn-africa-funding-in-2020/#:~:text=Nigerian%20startups%20contributed%20more%20than,by%20African%20startups%20in%202020.&text=The%20report%20revealed%20that%20the,across%20the%20continent%20in%202020.

plaindealer:
[b][/b]


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