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Microsoft Commits $1M to Train 1 Million Nigerians in AI, Fueling Africa’s Tech Revolution
Nigeria’s Inflation Falls to 24.48% After CPI Rebase — Down from 34.8%
Nigerian Banking Stocks Soar 12.24% as Lenders Secure $662M in Fresh Capital
Nigeria’s Consumer Credit Surges to N4.42 Trillion in November 2024 as Inflation Fears Mount – CBN
Aliko Dangote Bets Big on Ethiopia with Bold $400M Cement Plant Expansion
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STARTUPS
MANSA Lands $10M from Tether to Revolutionize Cross-Border Payments and Tackle Liquidity Challenges
Microsoft Commits $1M to Train 1 Million Nigerians in AI, Fueling Africa’s Tech Revolution
Johnvents Group Lands $40.5M from BII to Transform Nigeria’s Cocoa Sector
From $150,000 to a 53x Payday: How Oui Capital Struck Gold with Moniepoint
Applications now open for the 4th edition of the AfricaTech Awards by VivaTech.
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PUBLIC SECTOR
Aliko Dangote Bets Big on Ethiopia with Bold $400M Cement Plant Expansion
Nigerian GRAMMY-Winning Singer-Songwriter Tems Joins San Diego FC as Club Partner
US Ends Visa Drop Box Service in Nigeria- What You Need to Know!
Diageo Strikes $81M Deal to Sell Majority Stake in Guinness Ghana to Castel Group
Geregu Power Soars: N137 Billion Revenue, 71% Profit Surge, and N21.25 Billion Dividend
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GLOBAL NEWS
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Year:
2023
Rwanda is set to benefit from a collaborative effort between the African Development Bank (AfDB) and the African Growing Together Fund (AGTF), as they join forces to raise USD 250 million aimed at enhancing access to water and sanitation in the country.
Calpers’ $4.5 Billion Venture Bet
Kenyan startup tappi secures $1.5 million in pre-seed funding to drive the digitization of African SMEs.
Bujeti successfully raises $2 million in seed funding to transform corporate spending across Africa
USAID has pledged $53 million to tackle the impacts of climate change in urban areas.
FAO expresses appreciation for the additional $10 million in funding.
The Mastercard Africa Growth Fund invests $27 million in Chui Ventures, VestedWorld, and SME Impact Fund.
The Food and Agriculture Organization (FAO) expresses appreciation for the United States of America’s additional funding of $10 million towards soil fertility mapping projects.
Italy has declared a €5 million contribution to the Sustainable Energy Fund for Africa during the Conference of the Parties (COP28).
Unraveling the behavioral biases that impact the decisions of venture capital funds.
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