Africa
Federal Government CNG Initiative of Distributing 2,000 Tricycles for Nigerian Youths to Launch on October 1st
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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African Film Industry Set for Growth as Next Narrative Africa and HEVA Fund Announce $40M Investment
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 Committee BiCCON Endorses SiBAN’s Removal of President Obinna Iwuno
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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AgricTech Revolution: Is this the catalyst for Africa’s Sustainable Agricultural Growth?
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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Traders of Africa, AliExpress, and MoMo Partner to Revolutionize Nigeria’s E-Commerce Ecosystem
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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Egypt’s EdTech Sector Gains Global Attention with Farid’s Expansion and $250,000 Pre-Seed Funding
EdTech Funding

Egypt’s EdTech Sector Gains Global Attention with Farid’s Expansion and $250,000 Pre-Seed Funding

Egypt’s EdTech industry has experienced significant growth in recent years, becoming a key player in the broader African and Middle Eastern education landscape. As the demand for innovative educational solutions rises, Egyptian startups like Farid are seizing opportunities to lead the charge. In an impressive move, Farid, an Egyptian EdTech startup founded by Mahmoud Hussein […]

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Why Africa is Becoming a Hotspot for Tech Innovation
Africapitalism Tech

Why Africa is Becoming a Hotspot for Tech Innovation

Africa’s technological scene has evolved dramatically, transforming the continent into a burgeoning hub for innovation. From mobile payment solutions to cutting-edge agritech, African entrepreneurs are leveraging technology to tackle some of the continent’s pressing challenges, while positioning the region as a focal point for global tech investment. But what factors are driving this surge in […]

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Tony Elumelu Appointed Chairman of Nigeria's National Disaster Fund
Business News Economy

Tony Elumelu’s Vision for Africa at UNGA 2024: Youth Empowerment and Economic Transformation

As global leaders gather for the United Nations General Assembly (UNGA) 2024, one of the most important voices representing Africa will be Tony Elumelu, a renowned philanthropist and business leader. Elumelu’s focus will centre on addressing Africa’s transformative economic growth, youth employment, and energy transition—issues critical not only to the continent but to the global […]

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How Nigeria’s ASAP Plan Attracted Coca-Cola’s $1 Billion Investment
Economy Sectors

How Nigeria’s ASAP Plan Attracted Coca-Cola’s $1 Billion Investment

Coca-Cola’s recent announcement of a $1 billion investment in Nigeria is a major signal of confidence in the country’s potential. But what exactly is driving this bold move? According to the Manufacturers Association of Nigeria (MAN), the answer lies in the full and effective implementation of the Accelerated Advancement and Stabilisation Plan (ASAP) recently unveiled […]

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Business Verge| Top 10 Business Lessons from African Entrepreneurs You Should Know
African Entrepreneurship Business

Top 10 Business Lessons from African Entrepreneurs You Should Know

Entrepreneurship is often described as the engine of economic growth, innovation, and social transformation. Globally, entrepreneurs drive businesses forward by taking calculated risks, innovating solutions, and creating employment opportunities. Their journeys are filled with challenges, yet the rewards that come with perseverance, discipline, and strategic thinking are immense. This is particularly true in Africa, where […]

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