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Raya Foods Lands $40Million Boost from Helios to Transform Egypt’s Food Industry
Janngo Capital Secures $78M to Power the Next Generation of African Startups
South African Startup Tagmarshal Scores Big with Multi-Million Dollar Series A to Revolutionize Golf Management
Tony Elumelu Foundation Empowers 20,000 African Startups with $5,000 Seed Funding Each
Orange Money Expands Digital Payment Access to Millions Across 7 African Countries
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STARTUPS
Raya Foods Lands $40Million Boost from Helios to Transform Egypt’s Food Industry
Janngo Capital Secures $78M to Power the Next Generation of African Startups
South African Startup Tagmarshal Scores Big with Multi-Million Dollar Series A to Revolutionize Golf Management
Tony Elumelu Foundation Empowers 20,000 African Startups with $5,000 Seed Funding Each
Orange Money Expands Digital Payment Access to Millions Across 7 African Countries
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PUBLIC SECTOR
Unilever Nigeria Sees 46% Revenue Surge, but Rising Costs Squeeze Profit Margins
Northern Nigeria’s Rice Mills Grind to a Halt Amid Economic Strain and End of Government Support
South African E-commerce Startup Pargo Raises $4M to Expand into Egypt’s Booming Market
IMF Reveals Key Reasons Behind Nigeria’s Slower 2.9% Economic Growth Forecast for 2024
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Blocks $1.3 Billion Sale of Shell’s Assets to Renaissance Group Over Regulatory Concerns
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Paystack-Led Consortium Acquires Brass Amidst Controversy
Kimberly-Clark, Maker of Huggies, to Cease Production in Nigeria Three Years After $100M Investment
GITEX Africa, the Continent’s Largest Tech Event, Set to Debut in Nigeria in 2025.
Patoranking Foundation and ALX Africa Launch $500K Tech Scholarship Initiative
AfDB Commits $2.9 Billion to Agricultural Development in Nigeria and Other African Nations
Nigerian Equities Market Sees 36% Drop in Total Transactions in April to N346 Billion
Nigeria’s GDP Dips Further from Tinubu’s $1 Trillion Economy Goal Amid Weak Naira and Slow Growth
Africa needs $6bn yearly in digital infrastructure to connect millions of citizens – International Financial Corporation
M-KOPA, Kenyan Fintech Platform, Secures $51 Million Loan from U.S. International Development Finance Corporation (DFC)
FCMB Plans to Raise N150 Billion for Bank Recapitalisation by End of September 2024
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