Arnergy, a Nigerian company known for its distributed renewable energy solutions, has raised $18 million to scale its solar energy systems across Africa.
Pope Francis passed away on Easter Monday at the age of 88. The Vatican confirmed his death following a prolonged battle with pneumonia. Known for his humility and dedication to the poor, the late Pontiff had recently requested a simple funeral rite rooted in faith and grace.
Kano State has entered a strategic partnership with Moroccan firms to attract over $10 billion in investments across renewable energy, solid minerals, and agriculture. The deal includes plans for solar energy generation, fertilizer plants, and support for smallholder farmers, following a high-level investment mission led by Governor Abba Kabir Yusuf.
Techstars is stepping up its game, increasing funding to $220K for participating startups. With a new SAFE structure and global support network, the accelerator is closing in on Y Combinator’s model — and leaving a lasting impact in Africa.
Google for Startups Accelerator Africa is now open! This AI-focused program offers equity-free support, expert mentorship, and Google Cloud credits to help African startups scale.
At a private investor forum hosted by the CBN in New York, foreign investors praised Nigeria’s reform progress but raised concerns over oil dependence and regulatory costs.
Visa has backed Tunisian startup Konnect and Morocco’s PayTic after both completed its Africa Fintech Accelerator. The move strengthens Visa’s push to support digital innovation and expand financial inclusion across the continent.
President Trump has introduced steep new tariffs of up to 245% on Chinese imports, intensifying the trade war and targeting Beijing’s export curbs on vital tech materials.
CBEX lured Nigerians with promises of fast returns powered by AI, but by April 2025, it all came crashing down. From Telegram hype to vanishing funds, this is the story of how a tech-wrapped Ponzi scheme fooled many—and why financial education is more crucial than ever.
Solape Akinpelu, founder of Nigerian fintech platform HerVest, has won the 2025 Aurora Tech Award, securing $30,000 in funding and global recognition for her work empowering African women through financial inclusion.