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Standard Bank and the SA SME Fund have joined other credible investors in backing venture capital firm Knife Capital’s new USD50 million African Series B expansion fund, Knife Fund III. The Fund’s aim is to invest behind the expansion of African innovation-driven companies and fill a critical follow-on funding gap. The commitment positions Standard Bank […]
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The name Minor Hotels belies the heft behind this steadily growing international brand. With 530 properties across the world ― 29 of which are in Africa ― the group is built on the core principles of innovation, partnership, and people development. Since they were founded in 1967, results are driven by a “customer first” mentality. […]
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Ethiopian Airlines and Geven-SkyTecno have inaugurated a state-of-the-art facility for the manufacturing of Insulation Blankets for Boeing 737 MAX airplanes as part of a Boeing agreement (BSCA) between The Boeing Company, Geven-Skytecno and Ethiopian Airlines. The new joint venture company of Ethiopian Airlines and Geven-SkyTecno, named “Ethiopian Sky Technologies”, is based in Addis Ababa with […]
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Author: Radhia Mtonga, Network Coordinator, African Circular Economy Network & Co-Founder of Ulubuto The production, use and disposal of plastics pose the biggest challenge in waste management. While individual governments have instituted legislative measures and even signed international conventions aimed at stemming the tide of the plastic waste menace, the world is yet to see […]
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Doctors at the biggest hospital in Tigray say they have just days supply left of insulin, as the resumption of fighting between rebels and Ethiopian government troops once again cuts off supplies to the region. In what the head of the International Diabetes Federation (IDF) has branded “a humanitarian crime,” medics at Ayder specialist referral […]
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An animal sanctuary in the Democratic Republic of Congo (DRC) is facing demands for ransom money, after kidnappers abducted three of its baby chimpanzees. “This is the first time in the world that baby apes were kidnapped for ransom,” Franck Chantereau, founder of the sanctuary where the kidnap took place, told CNN. Kidnappers broke into […]
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Nigeria leads the way for tech startup funding on the African continent over the last eight years, with fintech companies the main driver. That is according to the Nigerian Startup Ecosystem Report 2022, released by startup-focused news and research company Disrupt Africa. Between January 2015 and August 2022, 383 tech startups raised a combined US$2,068,709,445 […]
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Kenyan lawyer Paul Gicheru, who was facing charges of witness interference at the International Criminal Court (ICC), has died, his family and the police have confirmed to local media. The police said Mr Gicheru was found dead at his home in the capital, Nairobi, on Monday night. A Kenyan rights body asked the police to […]
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Ukheshe’s SME in-a-box solution is making tangible changes to the lives of millions in Zambia through a partnership with Digital PayGo, improving financial inclusion and enhancing business dealings for entrepreneurs. Digital PayGo, a local Zambian fintech driving a mobile-first approach, enhancing the digital payment space for SMEs, is the first partner to utilise Ukheshe’s SME in-a-box […]
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The Books and Publications Fair kicked off on Tuesday at the Egyptian Museum in Tahrir and the Manial Palace Museum, and continues for a month, until October 27, coinciding with the celebration of the 200th anniversary of Egyptology and the deciphering of the Rosetta Stone, which unlocked the secrets of ancient Egyptian hieroglyphics. The stele […]
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Uganda’s parliament is scrutinising a proposed law that would enable organ transplants to happen in the country for the first time, transforming the lives of thousands hoping for operations. Uganda would be joining a short list of African countries, including South Africa, Tunisia and Kenya, that have both the regulations and health facilities for organ […]
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Kenyan architects have blamed corruption and unregulated construction for the collapse of a six-story building Monday that killed five people, including two children and injured scores of others. The Monday tragedy at Kirigiti in Kenya’s Kiambu County is the latest such fatal accident. Dozens of people have died in building collapses in Kenya, including at […]
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