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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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The African Development Fund has given its approval for a grant of $102.59 million to support Ghana’s Fiscal Consolidation and Economic Recovery Program.
The founders of Skype and Flutterwave are supporting a $205 million tech fund for Africa
The National Institute of Health has declared $3million funding for Alzheimer’s research in Africa.
AFEX, a Nigerian commodities startup, secures $26.5 million in funding from BII.
The National Museum of the American Latino, part of the Smithsonian Institution, has been awarded a $10 million grant from Lilly Endowment Inc.
Biden and Harris have revealed a $3 billion increase in funding to support Black-owned businesses.
BluePeak Private Capital has successfully completed the fundraising of a $156 million fund aimed at providing financial support to businesses in Africa.
Goodwell Leads $1.5 million Extension Round For Emerging Market nsurtech Inclusivity Solutions
The Mastercard Foundation Fellowship on Entrepreneurship for African students and recent graduates, hosted by Jim Leech, will be available in 2024.
In its tenth cohort, 100X. Venture Capitals(VC) has made investments totaling $2.3 million in 15 startups.
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