Ivorian fintech startup Djamo has secured $17 million in fresh funding to scale digital banking across Francophone West Africa. With over 1 million users, Djamo is redefining access to finance in underserved markets.
FAC secures €2 million from IFC to expand its dairy and juice production in Cameroon. The partnership will support food security, job creation, and small business growth in the agribusiness sector.
The World Bank has approved $1.08 billion in concessional financing to enhance education, nutrition, and economic resilience in Nigeria. The funds will support three key programs: HOPE-EDU for education reforms, ANRIN 2.0 for maternal and child nutrition, and NG-CARES for economic recovery efforts. These initiatives will benefit millions of Nigerians, improving school systems, tackling malnutrition, and providing financial aid to vulnerable communities. This investment underscores the importance of human capital development in shaping Nigeria’s future.
Investor interest in FGN bonds stayed high despite a decline in offer volumes, with total subscriptions reaching N2.83 trillion in Q1 2025. The government's cautious borrowing strategy reflects efforts to manage debt amid rising interest rates.
Lagos Chamber of Commerce and Industry (LCCI) has called for transparency in the disbursement of the $500 million World Bank loan to ensure it benefits small businesses and vulnerable communities. The chamber also stresses the need for long-term economic reforms to reduce Nigeria’s reliance on external borrowing.
Côte d’Ivoire’s push for universal clean water access gets a major boost with a $156M financing deal secured by Deutsche Bank. The investment will fund critical infrastructure projects, bringing safe drinking water to millions.
Crypto investors brace for impact as Trump’s tariffs shake global markets, causing Bitcoin to dip below $82,000. With XRP down 40% and major cryptocurrencies losing ground, will a reversal come soon?
Literacy is not a luxury; it is a necessity. It fuels imagination, drives innovation, and empowers every child—regardless of zip code—to shape their destiny. Through a community-driven writing initiative, young scholars in Baltimore are finding their voices and defining their futures.
Airtel Africa is investing N1 billion in Nigeria’s 3 Million Technical Talent (3MTT) program, helping to train over 25,000 Nigerians in digital skills. With this commitment, the telecom giant strengthens the country’s push toward a thriving digital economy and a future-ready workforce.
The Spark Accelerator programme is back! In partnership with Safaricom, M-Pesa Africa, and Sumitomo Corporation, the initiative empowers startups with the resources they need to grow. Applications for the second cohort open on April 1—don’t miss out!