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Nigeria’s Nollywood Records N3.5 Billion Box Office Revenue in 2024
FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
Orange Egypt Supercharges Africa’s Startup Ecosystem with $52.7M Investment
Top 10 Startups Chosen for African Latitude59 Finals – Winner to Compete in Estonia for €1 Million Prize
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STARTUPS
Amenli Raises $2.3M to Transform Egypt’s Insurance Industry
Orange Egypt Supercharges Africa’s Startup Ecosystem with $52.7M Investment
Top 10 Startups Chosen for African Latitude59 Finals – Winner to Compete in Estonia for €1 Million Prize
Jospong Group Pursues $400 Million Funding from Afrexim Bank for Major African Projects
FGN Expands 3MTT Program, Enrolling 90,000 More Nigerians in Cohort 3
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PUBLIC SECTOR
Nigeria’s Nollywood Records N3.5 Billion Box Office Revenue in 2024
FAAC Disburses N1.411 Trillion to Federal, State, and Local Governments in October
UBA Announces N239.4bn Capital Raise Through Rights Issue
MTN Nigeria Raises ₦75 Billion in Highly Oversubscribed Commercial Paper Offering
World Bank Raises Concerns Over Missing $32 Million in Nigeria’s Water Project Funds
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OTHER NEWS
Nigeria to Offer Solar Subsidies with $750 Million World Bank Loan
Renew Capital Invests in Ghana’s Affinity, a Full-Scale Digital Bank Aiming to Serve 350 Million Unbanked Adults in Africa
Kora Teams Up with Panache Ventures from Canada to Assist African Tech Founders in Securing VC Funding.
Eygptian Edtech, Sprints.ai Raises $3 Million in Bridge Funding Round.
Mastercard Drives Fintech Innovation and Collaboration at 2024 Forum: Fostering Fintech Ecosystem Collaboration and Innovation
South Africa’s Telkom Rakes in Over $300 Million Selling Swiftnet Towers!
P1 Ventures concludes the second phase of its second fund, securing $35 million.
Egyptian Fintech Firm, MNT-Halan which secured $400million in Febuary 2023, Acquires Advans Pakistan Microfinance Bank.
Nigerian Fintech Zone Secures $8.5 Million in Seed Funding to Transform Payment Infrastructure Across Africa.
Youverify Raises $2.5 Million to Enhance Global Identity Verification Capabilities
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