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OPEC Fund Invests $30 Million in Egypt’s Largest Onshore Wind Farm
World Bank Forecasts Nigeria’s GDP to Climb: 3.5% Growth in 2025, 3.7% by 2026
FARO Raises $6M to Transform Affordable Fashion and Tackle Textile Waste in Africa
United States and Nigeria Agree to Transfer $52.88M in Forfeited Corruption Proceeds for Nigerian Development Projects
Historic Milestone: Nandi-Ndaitwah Becomes Namibia’s First Female President
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STARTUPS
South Africa’s Naked Raises $38M to Revolutionize Insurance with AI and Automation
SeamlessHR Secures $9M Series-A Extension to Power Bold African Growth
Ilara Health Secures $1 Million DFC Loan to Transform Kenya’s Healthcare Sector
South African Conservio Raises $1M to Redefine Nature-Based Travel Experiences
FARO Raises $6M to Transform Affordable Fashion and Tackle Textile Waste in Africa
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PUBLIC SECTOR
OPEC Fund Invests $30 Million in Egypt’s Largest Onshore Wind Farm
DOB Equity Invests in Spouts International, a Ugandan Water Filter Company
United States and Nigeria Agree to Transfer $52.88M in Forfeited Corruption Proceeds for Nigerian Development Projects
Amazon Web Services Adopts Naira for Seamless Nigerian Transactions
Nigeria and U.S. Partner on $2Million Deal to Extend Fibre Optic Network by 90,000km
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Fidelity reports N200.8 billion pre-tax profit for the period ending June 30, 2024, announces N0.85 dividend payout.
IFC Backs OCP Group with €100 Million Investment to Advance Water Sustainability Efforts in Morocco
Egyptian Edtech Startup Farid Raises $250,000 in Pre-Seed Funding to Advance Children’s Mental Health Education
Morocco’s Userguest Secures $2.4 Million in Seed Funding to Revolutionize Hotel Revenue Optimization Technology
Uncap Launches €30 Million Unconventional SME Fund for Africa
South African Fintech Happy Pay Raises $1.8M in Pre-Seed Funding
African Originals Secures $2 Million in Pre-Seed Funding
Nigerian Government Unveils N100 Million AI Fund in Collaboration with Google
International Finance Corporation (IFC) Names Dynamic New Leader to Drive Growth in Rwanda, Tanzania, and Uganda
Microsoft Partners with Cyber Shujaa to Train 100 Kenyan Students in Cybersecurity
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