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Historic Milestone: Nandi-Ndaitwah Becomes Namibia’s First Female President
Apple Pledges $1 Billion to Overcome iPhone 16 Ban in Indonesia
SIFEM Invests $15M in Africa’s Thriving Credit Market with Ninety One’s Opportunities Fund 3
SPE Capital Injects $35M into Morocco’s Dislog Group to Drive Consumer Goods Expansion
Holcim Exits Nigeria with $1 Billion Deal: Sells 84% Lafarge Africa Stake to Huaxin Cement
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STARTUPS
Apple Pledges $1 Billion to Overcome iPhone 16 Ban in Indonesia
SIFEM Invests $15M in Africa’s Thriving Credit Market with Ninety One’s Opportunities Fund 3
SPE Capital Injects $35M into Morocco’s Dislog Group to Drive Consumer Goods Expansion
M-KOPA Eyes $400M Revenue Milestone, Cementing Leadership in Africa’s Pay-As-You-Go Fintech Revolution
Breega Unveils $75M Fund to Support African Startups, Highlighting Vast Opportunities
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PUBLIC SECTOR
Holcim Exits Nigeria with $1 Billion Deal: Sells 84% Lafarge Africa Stake to Huaxin Cement
Dr. Ngozi Okonjo-Iweala Secures Historic Second Term as WTO Director-General
MTN Nigeria’s $120M 5G rollout sets a new benchmark for internet speeds in West and Central Africa!
Ninety One Raises $260 Million in Initial Close for Africa and Emerging Markets Credit Fund
PepsiCo Commits R746 Million to Expand Operations in South Africa
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Year:
2024
CBN’s High-Stakes Move! Sells N652 Billion Open Market Operation (OMO) Bills at Record 21% Interest Rate!
Adenia Africa Fund Raises $470 Million for Investments in Fintech, Telecom.
Cadbury Nigeria Records N28.2 Billion Loss in 2023, Shareholders’ Funds Completely Erased.
Dangote, BUA, and Lafarge Africa collectively increase market value by N7.921 trillion in Q1 2024.
Zeepay, a fintech company based in Ghana, secures $3 million investment to fuel expansion.
Electricity Distribution Companies (Discos) Generate N1 Trillion Revenue Despite Grid Challenges, Unmetered Customers Reach 5.8 Million
BURN Secures $12 Million to Expand Clean Cooking Solutions Across Africa.
Nigerian Railway Corporation (NRC) Reports 8.5% Revenue Growth in 2023, Surpassing N6 Billion from Rail Operations
Naira Surges 21.8% Against Dollar in March 2024, Marking Its Strongest Performance in 5 Years.
Ring Capital Introduces $55 Million Fund for Early-Stage Impact Startups.
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