Nuru, an energy startup in the Democratic Republic of Congo (DRC) has raised $40 million in equity in partnership with the International Finance Corporation (IFC).… Read More »DRC Energy Startup Nuru Closes $40M Equity Funding for Metrogrid Scaling
A Nigerian startup Zuvy which provides credit facilities for small and medium enterprises (SME’s) has raised $4.5 million for its expansion across the country. At… Read More »Nigerian Startup Zuvy Raises $4.5 M in Plans to Scale up Business
The 3rd China-Africa Trade Expo took place in Changsha China, with the two parties reporting huge economic milestones in deepening ties. During the high level… Read More »Inside Deals Sealed During China -Africa Trade Expo
Kenya’s fuel prices surged following the enactment of a tax law that allowed the state to double Value Added Tax (VAT) on fuel products from… Read More »Fuel Prices Rise in Kenya Despite Saudi Oil Deal
The annual African Business Heroes (ABH) Prize Competition has selected 50 finalists from 20 African countries, to compete in the fifth edition of the initiative. … Read More »African Business Heroes for Prize Competition Picks 50 Finalists
Ghana’s eHealth startup Berry Health has raised $1.6 million in pre-seed capital . Lightspeed Ventures and General Catalyst took part in the funding exercise. Berry… Read More »Ghana’s Berry Health Raises $1.6 Million Pre-Seed Capital
The number of cyberattacks on businesses in Kenya, South Africa, and Zambia increased by 76%. This is according to the latest cyber security report –… Read More »Cyberattacks on Businesses in Kenya, South Africa and Zambia Rose by 76% – Liquid C2 Report
The average level of global peacefulness deteriorated by 0.42 percent in 2022, according to a survey by the Institute for Economics and Peace (IEP) on… Read More »10 Safest African Countries as per the 2023 Global Peace Index
Wave, a Senegalese startup that offers mobile money services, is the only African venture in the list of top 50 companies within the community of… Read More »Senegalese Startup Wave Named Only African Firm in YC Combinator’s Top 50 Companies
The second decade of the 21st Century has been characterized by accelerated emerging technologies in what is now popularly known as the fourth industrial revolution. … Read More »List of 10 Emerging Technologies in 2023 – World Economic Forum Report