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IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth
Airtel Africa Invests N1 Billion to Energize Nigeria’s 3MTT Program
Zap Africa Takes on Paystack in Legal Battle Over Brand Name Dispute
Applications Opening Soon for the Second Phase of Spark Accelerator!
Bitcoin Hits $88,804 Before Settling at $87,619 as Investor Confidence Remains High
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STARTUPS
The Business of Literacy: Unlocking Potential, One Word at a Time
Airtel Africa Invests N1 Billion to Energize Nigeria’s 3MTT Program
Applications Opening Soon for the Second Phase of Spark Accelerator!
DEG Commits $16.3M to Mediterrania Capital IV, Backing Africa’s Growth Potential
Tony Elumelu Foundation Rolls Out $15Million Grant to Empower 3,000 African Entrepreneurs
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PUBLIC SECTOR
Zap Africa Takes on Paystack in Legal Battle Over Brand Name Dispute
Twelve South African Startups Join Injini Mastercard Foundation EdTech Fellowship
Diddy Pleads Not Guilty to Fresh Indictment as High-Stakes Trial Approaches
Lagos’ GDP Soars to $259 Billion, Becomes Africa’s Second-Largest City Economy
Tony Elumelu’s Net Worth Hits $2.15B as Heirs Holdings Reports Record Growth
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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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