The British Council’s Innovation for African Universities (IAU) programme has brought together the University of Health and Allied Sciences and the University of Cape Coast in Ghana with the University of St Andrew’s in the UK to help stimulate the bioscience sector in Ghana and across Sub-Saharan Africa.
Ghana kept its 2nd position as Sub-Saharan Africa country with the largest remittances in 2021, the World Bank Migration and Development Brief has revealed.
London, UK//-Mustard, a London-based ‘venture agency’ exclusively focused on Africa, has launched its idea-stage investment vehicle to originate Africa-focused ventures capable of resonating with global audiences, which it says can yield ‘VC-type’ returns over five years.
Nairobi, Kenya//- Bamba, a mobile-first enterprise software for micro-merchants in Africa, has secured $3.2m in seed funding to scale its app and build out its team.
Lagos, Nigeria// – Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, Morocco’s leading automotive technology startup, to drive its expansion into North Africa.
Washington DC, USA// — Officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach $630 billion.