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Can Swoop’s $7.3M Entry Into Nigeria Disrupt Chowdeck’s Lead?

A 19-year-old. A UC Berkeley dropout. A $7.3 million bet on Nigeria. And a plan to do what no tech company has managed to pull off across an entire continent. Aubrey Niederhoffer discovered Africa through a geography game. Not a research report. Not a school assignment.

Deeptech Is Quietly Becoming Africa’s Next Big Tech Bet – And AI Is the Reason Why

For the longest time, if you said “venture capital in Africa", one word would immediately follow: fintech. Payments. Lending. Digital banks. Mobile money. That’s where most of the money has gone, and honestly, for good reason.

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