Africa
Fintech Investors

TOP 5 FINTECH INVESTORS FUELING INNOVATION ACROSS AFRICA 

Africa’s fintech ecosystem has seen a surge in investment over the last few years, driven by a combination of technological advancements, a young population, and rising demand for financial inclusion. As a result, several key investors have stepped forward to fuel this growth, helping fintech startups scale rapidly and expand their reach across the continent.  […]

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AI Cloud Technology

Vodafone and Google Launch a Decade-Long Alliance to Enhance Consumer Experience Through AI and Cloud Technology

Vodafone and Google have embarked on a groundbreaking ten-year partnership, set to revolutionise the way millions of customers experience digital services across Europe and Africa. This collaboration aims to harness the power of AI and cloud technology to introduce innovative services, devices, and enhanced television experiences, powered by Google Cloud and Gemini AI models. Empowering […]

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Partnerships Travel

Africa and the Americas Team Up for Tourism: A New Era of Sustainable and Inclusive Growth

Tourism isn’t just about visiting new places—it’s about creating lasting connections and driving real change. And in a groundbreaking move, leaders from Africa and the Americas have come together to do just that. At the first-ever joint meeting of the UN Tourism’s Regional Commissions for Africa and the Americas, the focus wasn’t just on travel; […]

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News Policy

Britain Ends Its Last Colony in Africa, Secures Future of Diego Garcia Base

In a historic move, the United Kingdom has agreed to cede sovereignty of the Chagos Islands to Mauritius, marking the end of its last colonial holding in Africa. This agreement guarantees the continuation of the UK-US military presence at Diego Garcia, a strategically vital airbase in the Indian Ocean, for at least the next 99 […]

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Finance News

Mogo Kenya Fined for Unethical Practices: A Closer Look at Digital Lending in Kenya

Kenya’s competition authority has recently fined Eleving’s Kenyan subsidiary, Mogo Kenya, for misleading customers in what marks another instance of unethical practices among digital lenders in the country. The fine of $84,120, imposed by the Competition Authority of Kenya (CAK), comes after a year-long investigation and reveals the ongoing exploitation of borrowers, despite new regulations […]

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Energy Sectors

Federal Government CNG Initiative of Distributing 2,000 Tricycles for Nigerian Youths to Launch on October 1st

Starting October 1, 2024, the Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin distributing 2,000 Compressed Natural Gas (CNG)-powered tricycles to young Nigerians in the transportation sector across the country. This initiative is part of the government’s strategy to promote more affordable and eco-friendly transportation solutions. The PCNGi announced the program […]

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Business Film Industry

African Film Industry Set for Growth as Next Narrative Africa and HEVA Fund Announce $40M Investment

Next Narrative Africa, a Nigerian media production company, and HEVA Fund, a Kenya-based investment firm, have unveiled a $40 million fund to support African filmmakers and content creators. The Next Narrative Africa Fund aims to invest in films with budgets ranging from $1 million to $5 million per project, offering a combination of equity investments […]

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Blockchain

Blockchain Committee BiCCON Endorses SiBAN’s Removal of President Obinna Iwuno

The Nigerian blockchain community is currently navigating turbulent waters following the expulsion of Obinna Iwuno, the President of the Stakeholders in Blockchain Association of Nigeria (SiBAN). The Blockchain Industry Coordinating Committee of Nigeria (BiCCON), an umbrella organisation encompassing major blockchain groups in the country, has publicly supported this decision, citing serious breaches of trust and […]

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AgriTech Technology

AgricTech Revolution: Is this the catalyst for Africa’s Sustainable Agricultural Growth?

“More than 60% of Africa’s working population is engaged in agriculture, and the soil across most of the continent is rich and fertile.” – African Development Bank. Africa is often seen as the next big player in global agriculture, and for a good reason—65% of the world’s uncultivated arable land lies within its borders, according […]

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E-Commerce Partnerships

Traders of Africa, AliExpress, and MoMo Partner to Revolutionize Nigeria’s E-Commerce Ecosystem

In a groundbreaking collaboration aimed at reshaping Nigeria’s e-commerce landscape, Traders of Africa (TOFA), AliExpress, and MTN MoMo have announced a strategic partnership designed to give Nigerian consumers access to global products, secure payment options in local currency, and reliable delivery services. This initiative marks a significant step in expanding e-commerce capabilities across the country, […]

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