Uber Technologies Inc. is reportedly in discussions to support African vehicle-financing startup Moove in a potential funding round reaching up to $100 million. According to… Read More »Uber Ready to Back Nigerian Startup in $100 Million Fund
British Petroleum (BP) has announced plans to invest $1.5 billion in Egypt for developmental and exploration ventures. This was announced by the Egyptian presidency on… Read More »British Petroleum (BP) Announces $1.5 Billion Investment in Egypt’s Energy Sector.
In a significant move towards enhancing access to sustainable energy in Eastern and Southern Africa, the World Bank has committed nearly $300 million to the… Read More »World Bank Commits $300 Million to Boost Renewable Energy in Africa
Kenyan-based electric mobility pioneer, Roam, is accelerating its mission to revolutionize transportation in Africa after securing $24 million in equity and debt through series A… Read More »Kenyan Mobility Start Up, Roam Secures $24 Million in Funding
Logidoo, an African company that deals with logistics and online shopping, has received a boost of $1,55M from investors. These investors include Maroc Numeric Fund… Read More »Logidoo Secures $1.55 Million to Revolutionize Logistics in Africa
The African Development Bank(AfDB) Group has announced that it will invest $15 million more in the Trade and Development Bank Group’s special Green+ shares. These… Read More »AfDB and Trade and Development Bank Partner to Promote Clean Technologies in Africa
In a significant move towards enhancing trade infrastructure in Africa, Trafigura and Kamoa-Kakula on Wednesday, February 7 inked long-term commitments to utilize the Lobito Atlantic… Read More »Trafigura & Kamo-Kukula to Leverage Lobito Atlantic Railway in Strategic Alliance
EMURGO Africa, which focuses on Africa and the Middle East, has invested $100 million into Fig Finance. EMURGO Africa is a founding entity of the… Read More »EMURGO Africa Invests in Fig Finance to Boost DeFi and SME Growth in Africa
In a significant development in the realm of lithium-ion battery supply chains, Canada has overtaken China to claim the top spot in BloombergNEF’s annual Global… Read More »Canada Overtakes China in Global Lithium-Ion Battery Supply Chain Ranking
The African Union (AU) and the European Union (EU) convened on Monday, February 5 for a pivotal dialogue focused on enhancing health partnership to tackle… Read More »AU-EU Health Dialogue Paves Way for Stronger Partnerships Across Africa and Europe