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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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OTHER NEWS
Indonesia’s president pushes US over delayed $20bn funding for green transition
The EU raises its humanitarian assistance for Gaza by an additional €25 million.
Emerging Africa Infrastructure Fund Allocates XOF $48m to Launch Asset-Backed Security in West Africa
Egypt’s MNT-Halan has secured a securitization of $130 million, bringing its total funding for 2023 to more than $400 million.
Interswitch has incurred losses of $38m due to chargeback fraud
Black business owners have been given $25,000 grants to help expand their enterprises.
The co-founders of Skype and Flutterwave support a $205 million tech fund for Africa.
The e-commerce earnings in Africa are projected to reach $59.18 billion by 2027, with an annual growth rate of 10.4%.
list of African nations that are set to benefit from the IMF’s $1 billion financial assistance program
In July 2023, African startups secured funding totaling $123.4 million.
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