Afreximbank has launched a $3 billion revolving oil import financing programme to reduce Africa’s heavy dependence on imported fuel. The programme will support the purchase… Read More »Afreximbank Launches $3 Billion Programme to Boost Intra-African Oil Trade
The Mastercard Foundation has launched a $300 million partnership with UNHCR to support refugees in Africa. This five-year initiative will help over 500,000 displaced youth… Read More »Mastercard Foundation and UNHCR Launch $300 Million Refugee Education and Work Program
MultiChoice and NBCUniversal have invested $145 million into Showmax Africa Holdings Limited (SMAH). This funding will support Showmax’s working capital and drive growth. The announcement… Read More »MultiChoice and NBCUniversal Invest $145 Million in Showmax Africa Expansion
Zest Equity has raised $4.3 million in pre-Series A funding. Prosus Ventures led the round. Morgan Stanley Inclusive & Sustainable Ventures also joined. The UAE-based… Read More »Zest Equity Raises $4.3 Million in Pre-Series A Round Led by Prosus Ventures
Ethio Telecom will give out 2 million smartphones every year on long-term plans to help low-income rural citizens. The phones will be provided at affordable… Read More »Ethio Telecom Launches 2 Million Smartphone Plan to Boost Digital Access
NILESAT and RASCOM have signed an MoU to boost satellite technology, research, and capacity building across Africa and the Middle East. The two organizations announced… Read More »NILESAT and RASCOM Partner to Advance Satellite Technology in Africa and Middle East
BCG X, the tech division of Boston Consulting Group (BCG), has launched a new AI Science Institute to speed up discovery. The institute combines artificial… Read More »BCG X Launches AI Science Institute to Boost Innovation in Africa
Tanzania has lifted a ban on agricultural imports from South Africa and Malawi. They lifted the ban late on Friday, just days after announcing it.… Read More »Tanzania Lifts Ban on Agricultural Imports from South Africa and Malawi
Zaumu has officially launched in Kenya, giving content creators a new way to connect directly with brands and find job opportunities. ZAUMU is designed as… Read More »Zaumu Launches New Marketplace for African Creators
The East African Community, EAC, COMESA, and ECOWAS are joining forces to promote women’s economic empowerment in Africa. They began a two-day coordination meeting in… Read More »EAC, COMESA, ECOWAS Unite to Boost Women’s Economic Power