Moove, a Nigerian mobility startup that provides finance for prominent e-taxi drivers in Africa, has secured $76 million in equity and debt to hit the… Read More »African Mobility Startup Moove Secures $76M to Reach $550M Valuation
The governments of the United States and the United Republic of Tanzania have introduced a fresh food security initiative called “Tuhifadhi Chakula” which translates to… Read More »US, Tanzania Launch $24M Initiative to Boost Food Security
The African Development Bank Group (AfDB) has signed an agreement with the transitional government in Guinea for a $28 million loan to support projects in… Read More »Guinea’s Transitional government, AfDB Sign $28 million Loan Agreement for Development
The African Export-Import Bank (Afreximbank) and international consultants Development Reimagined (DR) have partnered to facilitate the introduction and successful marketing of premium sustainable African brands… Read More »Afreximbank, Development Reimagined Partner to Promote Sustainable African Brands in China
Talent Arena, an AI-assisted hiring engine, has raised $750,000 in pre-seed funding in a round led by Cairo-based venture capital fund, UI Investments, alongside a… Read More »Egypt’s Talent Arena Raises $750K, Plans to Enter Middle East
Brand Africa, in partnership with Geopoll, Kantar, and Brand Leadership, has unveiled the much anticipated Brand Africa 100 2023. This marks the 13th edition of… Read More »Brand Africa 100: List of Africa’s Most Admired Brands Unveiled
Knife Capital (Knife Cap), a South African-based venture capital fund, has announced the closure of its $50 million fund. The fund named Knife Capital Three… Read More »South Africa’s Knife Cap Closes $50 Million Fund
Two East African countries Kenya and Somalia On Wednesday, August 9, formally entered into a Bilateral Air Services Agreement (BASA). While giving his remarks, Roads… Read More »Kenya and Somalia Sign Air Services Agreement
On Wednesday, August 8 2023, Spotify announced that it was rolling out AI DJ, in Beta, to Premium users in Kenya. DJ is a personalized… Read More »Spotify AI DJ Launches in Kenya
Japan plans to team up with Zambia, DRC and Namibia to develop supply chains for cobalt in making electric vehicle batteries (EV Batteries). Yasutoshi Nishimura,… Read More »Japan Teams Up with 3 African Countries for EV Batteries