IMF Approves $131.5M Loan for Niger
The International Monetary Fund (IMF) has approved a loan for Niger of about $26.3 million to support macroeconomic stability and promote growth. According to IMF,… Read More »IMF Approves $131.5M Loan for Niger
Boost for Africa as Germany Commits $10.9 Million Through NEPAD
It is a boost for Africa’s infrastructural development agenda after Germany committed $10.8 million to NEPAD. Through the African Development Bank (AfDB), German Federal Ministry for… Read More »Boost for Africa as Germany Commits $10.9 Million Through NEPAD
DRC Energy Startup Nuru Closes $40M Equity Funding for Metrogrid Scaling
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
Ghana’s Berry Health Raises $1.6 Million Pre-Seed Capital
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
Kenyan Fashion Startup ShopZetu Secures $1 Million Funding
Kenyan fashion e-commerce startup ShopZetu has raised $1 million in pre-seed capital after a roundtable bringing together a host of venture capital firms and investors.… Read More »Kenyan Fashion Startup ShopZetu Secures $1 Million Funding
Kenya Hands Baton to Egypt for aef24 as Africa Energy Forum, aef23 Ends in Nairobi
Kenya, the host of this year’s Africa Energy Forum, handed over the baton to Egypt after the high-level summit ended in Nairobi. Key sector players… Read More »Kenya Hands Baton to Egypt for aef24 as Africa Energy Forum, aef23 Ends in Nairobi
Africa Tech Summit Kicks off in London as 12 Startups Showcase
The 7th Annual Africa Tech Summit, kicked off on Wednesday, June 22 in London with 12 African startups set to showcase at the event. The… Read More »Africa Tech Summit Kicks off in London as 12 Startups Showcase
Global Financial Pact Summit: Kenya’s President Asks IMF & World Bank to be Fair
Kenya’s President William Ruto on Thursday, June 22, called for an equitable global financial architecture during high-level talks at the Global Financial Pact Summit in… Read More »Global Financial Pact Summit: Kenya’s President Asks IMF & World Bank to be Fair
US Commits $88.9M Funding for East Africa Green Energy Projects
The US on Wednesday, June 21, announced plans to enhance access to green energy in the East and Central African region through the Power Africa… Read More »US Commits $88.9M Funding for East Africa Green Energy Projects
Malawi’s Yellow Startup Raises $14 million for Expansion in Africa
Yellow, a Malawian Solar Energy startup, has raised $14 million funds in a Serie B round as it seeks to expand its operations on the… Read More »Malawi’s Yellow Startup Raises $14 million for Expansion in Africa