Sri Lanka-based apparel company Hela Apparel Holdings has secured a $5 million loan from Aavishkaar Capital, an Indian venture capital firm, and German state-owned investment… Read More »Sri Lanka Firm Hela Apparel Secures Funds for Expansion in Africa
Kenya and the European Union (EU) signed an Economic Partnership Agreement (EPA) at State House in Nairobi on Monday, June 19. European Commission’s Executive Vice-President… Read More »EU, Kenya Trade: Negotiations for Economic Partnership Agreement Conclude in Nairobi
Seedstars Capital and Swiss-based philanthropy Fondation Botnar have launched a fund named Seedstars Youth Wellbeing Ventures targeting people below the age of 30 years in… Read More »Seedstars, Fondation Botnar Announce $20M Fund Targeting African Startups
The Africa Energy Forum, aef2023 is celebrating its 25th anniversary, and this year marks a significant milestone as it takes place in mainland Africa for… Read More »Kenya Ready for Africa Energy Forum, aef2023 to be Held in Nairobi for the First Time
The African Development Bank Group (AfDB) has released its 2022 Annual Report showing solid performance over the year. From the report, AfDB recorded a significant… Read More »AfDB Annual Report 2022 Demonstrates Commitment to African Countries
Funding for Africa’s start-ups in May hit $645 million, a report by The Big Deal– a startup-oriented database has established. According to the report, the… Read More »Start-ups Funding in Africa Bounces Back in May After Two Slow Months
A recent report by the Reuters Institute revealed that a majority of Africans trust digital news outlets compared to traditional media. The 2023 report, which… Read More »Digital News Report 2023 Reveals Trust Levels for African Consumers
Digital payments company, Visa, is set to roll out a $1 billion initiative named Africa Fintech Accelerator program. According to Visa, the initiative is part… Read More »Visa Announces $1 billion Initiative to Support Africa Fintech Startups
Since his inauguration in September 2022, Kenya’s President William Ruto continues to woo the world and position Nairobi as Africa’s capital. In less than a… Read More »3 Reasons Why Kenya Stands to Become the Singapore of Africa
The DRC Mining Week 2023 kicked off on Wednesday June 14, and offers industry players a premium opportunity to engage, interact and share knowledge. The… Read More »DRC Mining Week 2023: Key Highlights and All You Need to Know