Fintech platform ThankUCash raises US$5.3m seed fund to expand to new markets

NIGERIA – ThankUCash, a multi-merchant rewards platform, has raised US$5.3 million in seed funding as it plans expansion into new markets and further product launches. The seed round was co-led by 500 Global and Unicorn Growth Capital, with participation from Expert Dojo, Predictive VC, SaaS Growth Ventures, Betatron, Accelerex Holding, former HSBC CEO Andrew Dell, Google director of strategy and…

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United Airlines to start Washington D.C–Lagos flights in November 2021

NIGERIA – United Airlines has announced a new service between Washington, D.C. and Lagos, Nigeria beginning November 29. 2021, subject to government approval. The airline will operate three weekly flights connecting the U.S. capital to Nigeria’s largest city, which is also the top Western African destination for U.S-based travelers.  “This new flight to Lagos has been highly anticipated by our…

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Marriot Hotel opens new branch in Lagos, boosting Nigerias tourism economy

NIGERIA – Marriot Hotel has announced its debut in Nigeria with the opening of the highly anticipated Lagos Marriott Hotel Ikeja, that will provide unique hospitality service to Nigerians and others who yearn for luxury, efficient service, good taste and entertainment. The new hotel, which has redefined the skyline of Ikeja GRA adds grace and aesthetics to the beauty of…

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Fintech startup Okra raises US$3.5m seed round to expand its data infrastructure across Nigeria

NIGERIA – Okra, a Lagos based fintech startup, has secured a US$3.5 million seed raise led by US-based Susa Ventures, with participation from existing investors TLcom Capital, and newly joined Accenture Ventures. This comes just under a year from closing its US$1 million pre-Seed round with only TLcom Capital participating in the round. This brings Okra’s total funding at seed…

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KLM and Air France to resume flight operations in Abuja and Lagos

NIGERIA – KLM Royal Dutch Airlines and Air France have announced that they will gradually resume flight operations to Abuja and Lagos from December 7, 2020. According to reports, the airlines in a statement on Monday disclosed that international passengers can now fly Air France and KLM from Nigeria (Abuja and Lagos) to Paris and Amsterdam, with the possibility of…

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