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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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Strive Masiyiwa, the billionaire from Zimbabwe, grants scholarships to 11,100 underprivileged children in the country.
Tola Capital has successfully concluded its latest funding round, securing a substantial $230 million, marking its largest fund to date. The investment focus remains on AI-enabled enterprise software.
The UK government is targeting the revitalization of domestic manufacturing through a £4.5 billion funding initiative.
EchoVC secures $2.5 million in funding for the purpose of supporting environmentally conscious startup ventures.
NXTP has successfully concluded its largest fund, securing $98 million to support early-stage B2B founders in Latin America.
Failup Ventures, a venture capital firm based in Finland, has successfully secured €30 million in the initial closing of its new early-stage fund.
TomorrowNow has successfully secured a $5 million grant from the Bill and Melinda Gates Foundation to enhance weather and climate data services in Africa.
Saviu Ventures successfully raises €12 million for its second fund, with a focus on supporting startups in Francophone Africa.
Cedar Crest College is actively addressing the gender gap in STEM fields with the support of a $750,000 NASA grant.
Africa’s inaugural billionaire, Patrice Motsepe, has generously donated $1 million to Wits University to support innovation.
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