Two months after Uganda’s President Yoweri Museveni signed the controversial Anti-Homosexuality Bill into law, the World Bank has announced suspension of funding to the East… Read More »World Bank Suspends Funding to Uganda
The government of India has pledged to contribute $2 million towards the Africa Digital Financial Inclusion Facility (ADFI), a multi-donor fund aimed at accelerating digital… Read More »India commits $2 million to Africa Digital Financial Inclusion
Remedial Health, a Nigerian eHealth startup, on Tuesday, August 1, announced the closure of its Series A funding round comprising $8 million in equity and… Read More »Nigeria’s Remedial Health Secures $12M Funding to Boost Scale up Plans
UK’s development finance institution, the British International Investment (BII) has announced the launch of the Growth Investment Partners (GIP) Ghana, a first-of-its-kind company aimed at… Read More »UK Ventures in Ghana to Provide Funding for SMEs
The 2023 United Nations Food Systems Summit+2 commenced on Monday, July 24, at the Food and Agriculture Organization (FAO) headquarters in Rome, Italy. Over 20… Read More »African Leaders Call for Review of Funding System at UN Food Systems Summit
MyCover.ai, a Nigerian Insurance technology firm received shot in the arm in its operations after raising $1.25 million in pre-seed capital. Ventures Platform, a Pan-African… Read More »Nigeria’s Insurtech MyCover.ai Raises $1.25M in Pre-seed Funding
Angola has made a significant step in its quest for energy independence after securing funding to support the construction of an oil refinery in the… Read More »Angola Eyes Energy Self-reliance With $473M Oil Refinery
Karibu Connect, a Kenyan company that specializes in providing internet connection, will be the official reseller of Starlink’s high-speed internet in the country. In a… Read More »Elon Musk’s Starlink Picks Kenyan Firm as Its Reseller of Internet Services
The African Export-Import Bank (Afreximbank) has announced a $120 million credit facility to Djibouti’s Great Horn Investment Holding (GHIH) for the execution of projects in… Read More »Afreximbank Announces $120M Facility for Djibouti’s Port and Free Zone Authority
The African Development Bank (AfDB) will provide a $63 million loan fund a project in Cameroon of improving entrepreneurship and industrial skills to match standards.… Read More »Cameroon Secures $63M Loan to Improve Entrepreneurship and Industrial Skills for Youths