Waza’s $8 million seed
- Waza raised $8 million in equity and debt funding to expand its operations.
- Tokunboh Ishmael emphasizes the need for diversity in startups.
- MTN Group reported its first loss in 8 years due to the devaluation of the Nigerian naira.
The devaluation of the Nigerian naira has had a significant impact on MTN Group's financials, leading to their first loss in 8 years. This highlights the vulnerability of companies operating in emerging markets to currency fluctuations. It also underscores the importance of diversifying revenue streams and reducing reliance on a single market.
