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Cameroon’s FAC Lands €2 Million Boost from IFC to Power Expansion Plans
BREAKING: Trump Slaps 14% Tariff on Nigerian Exports to the U.S.!
World Bank Grants $1.08 Billion Loan to Boost Nigeria’s Education, Nutrition, and Economy
FGN Bond Subscriptions Plunge to N2.83 Trillion in Q1 2025 Amid Lower Offer Volume
LCCI Calls for Transparency in $500M World Bank Loan Distribution to SMEs, Vulnerable Communities
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STARTUPS
Cameroon’s FAC Lands €2 Million Boost from IFC to Power Expansion Plans
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
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PUBLIC SECTOR
FGN Bond Subscriptions Plunge to N2.83 Trillion in Q1 2025 Amid Lower Offer Volume
Côte d’Ivoire Secures $156M to Boost Clean Water Access Nationwide
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
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GLOBAL NEWS
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OTHER NEWS
Recruitment startup JOBJACK secures $2.5 million in funding to address the issue of unemployment.
Financial constraints; African startups secured $156.2 million in funding during the month of October.
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%.
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