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
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
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
India’s Indigo Air has launched its first flight from Mumbai to Nairobi, aiming to expand its presence in the East African air travel market. The… Read More »Indigo Air Launches Mumbai-Nairobi Flights
The government of India has pledged to contribute $2 million towards the Africa Digital Financial Inclusion Facility (ADFI), a multi-donor fund aimed at accelerating digital… Read More »India commits $2 million to Africa Digital Financial Inclusion
Remedial Health, a Nigerian eHealth startup, on Tuesday, August 1, announced the closure of its Series A funding round comprising $8 million in equity and… Read More »Nigeria’s Remedial Health Secures $12M Funding to Boost Scale up Plans
UK’s development finance institution, the British International Investment (BII) has announced the launch of the Growth Investment Partners (GIP) Ghana, a first-of-its-kind company aimed at… Read More »UK Ventures in Ghana to Provide Funding for SMEs
Mining in DRC presents immense economic development opportunities especially in the Democratic Republic of Cong, one of the richest countries in terms of mineral deposits.… Read More »How Mining in DRC Holds Key to Energy and Economic Development