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.
Accra, Ghana//- Ghana Enterprises Agency (GEA) and IE Africa Center (IE University, Spain) have announced a partnership to promote the economic empowerment of women in Ghana by focusing on providing leadership and development training for women entrepreneurs.
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.
Accra, Ghana//-Nestlé Ghana Limited has unveiled a new coffee beverage called NESCAFÉ Original 3 in 1 40g which is rich and creamy blend of coffee, creamer and sugar that provides great stimulation to start the day.
Dakar Senegal//– Senegal is on the front lines of the global climate challenge and will play a critical role in leading Africa’s response, CEO of the Global Center on Adaptation (https://GCA.org), Patrick Verkooijen said in closing remarks in Dakar, after meeting President Macky Sall on Friday.
President Cyril Ramaphosa testified at the Zondo commission. EFE-EPA/Sumaya Hisham/Pool Dirk Kotze, University of South Africa South Africa’s judicial commission into state capture, known as the Zondo Commission, recently handed over the fourth part of its voluminous and scathing findings to President Cyril Ramaphosa. As a fact-finding commission, it had to determine if there were […]
A Zimbabwean broom vender pushes his bike on the streets of Chitungwiza outside Harare. ALEXANDER JOE/AFP via Getty Images John Luiz, University of Cape Town In 2003, Thabo Mbeki – then president of South Africa – described South Africa’s economy as being like a two-storey house. The top floor was quite plush, with all the […]
Abuja, Nigeria//-Africa Finance Corporation (AFC) is launching a $2billion facility to support recovery and resilience in Africa in response to economic challenges created by the COVID-19 pandemic and the Russia-Ukraine conflict.
