Friday, October 24, 2025 - 10:46:12
Columbus, United States | 2°C | Few clouds
Columbus, United States | 2°C | Few cloudsLatest
According to a new report by venture capital firm Partech, the average investment into African growth stage startups last year was $34.7 million for equity deals, 31% lower than in 2022. Africa’s reliance on foreign investors for large tech deals is due to the fact that few African private equity funds or venture capitalists are […]
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The world’s largest cocoa producer, which operates within the West Africa Economic and Monetary Union (WAEMU) whose currency is pegged to the euro, had focussed on issuing bonds denominated in euros to reduce its currency exposure. “Ivory Coast has one of the most solid macroeconomic foundations in Africa,” said Ashmore’s Gustavo Medeiros. “A Dollar denominated […]
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High food inflation causes tremendous problems for individuals, communities, and nations as a whole, particularly in Africa, given its status as a developing country. Vice versa, low food costs allow an economy to run more smoothly given that people’s disposable income is not spent entirely on the most basic commodity. While numerous African countries struggle […]
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Currently, the country levies a 25% import tax on EVs, compared to 18% for internal combustion engine vehicles (ICEVs). In a recent exchange on X (formerly Twitter), South Africa-born, Elon Musk, CEO of Tesla, addressed the barriers hindering Tesla’s entry into the South African market. Responding to a question about Tesla’s absence, Musk cited “super high” […]
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In a surprise announcement last weekend, Tshisekedi said that talks between his government and a consortium of Chinese investors over rebalancing the so-called Sicomines mining agreement would bring in $7 billion to the Congolese treasury. The sum represents a huge and possibly transformative opportunity in the impoverished central African country of about 100 million people, where […]
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Africa Tech Summit Nairobi is a leading African tech event providing insight and networking with the African tech ecosystem, bringing together tech leaders, MNOs, banks, international investors, entrepreneurs, governments, trade bodies, media and leading ventures to drive investment and business in African tech. The sixth edition of the event, powered by global account receivable and expense […]
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In each crowded Lagos suburb, there’s a high chance you meet a hawker selling African salad, locally known as Abacha. It’s a popular dish from the Igbo tribe in the Nigerian South East, and to many, it’s a taste of home. But there’s a problem with this meal: it’s highly perishable. This, combined with the […]
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Officials announced there would be an extension of three weeks before the ban’s enforcement to give distributors and producers time to source reusable options. While the ban has been welcomed by some, others worry about its impact on business costs. Lagos officials have said that traders and distributors who fail to follow the ban could […]
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Abolish Death Penalty; Hold Security Forces to Account; Address Sexual Violence The Nigerian government should adopt and act on recommendations made by member states at the United Nations Human Rights Council’s Universal Periodic Review (UPR) process earlier this week. The recommendations, made on January 23, cover a range of concerns, including the death penalty, lack […]
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Author: Luc Provost, CEO of B Medical System and Dr Abdou Salam Gueye, Regional Emergency Director for WHO AFRO As we strive for equitable and accessible healthcare for all, one critical but often overlooked aspect of this endeavor is the role of the cold chain. In a world where vaccines, medicines, and diagnostics play pivotal […]
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Author: Kojo Richman Ready to uncover the coolest spots Johannesburg has been keeping under wraps? Buckle up for a tour of the city’s hidden gems in 2024 – places that will jazz up your Instagram and give you those “I can’t believe I didn’t know about this” moments! 1. The Living Room It’s not just […]
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The Leona M. and Harry B. Helmsley Charitable Trust has joined Sightsavers in the global fight against neglected tropical diseases (NTDs), with a grant of US$2.19 million to help eliminate the blinding disease in Zambia. The funding was announced at the Reaching the Last Mile Forum in Dubai where a total of $777m US dollars were pledged to help […]
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