Latest News
Uganda needs $4 billion to jumpstart its oil refinery as Nigeria’s NNPC eyes an IPO
July 21, 2022Uganda, which has an estimated 2.5 billion barrels of crude oil reserves according to Statista, wants to build a refinery so it can be able to fully maximise every single drop of oil it extracts.
Kenya’s grapple with Nigerian fintechs over money laundering could get messier
July 21, 2022Inventing Anna and Ozark, two movies that have attracted global attention for their engaging crime-focused narratives, have lured Netflix subscribers into spending what amounts to be 208 centuries (20,800 years) during their runtime.
HerVenture set to boost 3,500 women entrepreneurs in SA
July 21, 2022About 3,500 women entrepreneurs are set to benefit from HerVenture, an award-winning application by the Cherie Blair Foundation for Women.
Corporate evolution could place African SMEs ahead of pack
July 21, 2022The shift to digital is rapidly becoming the main ingredient for business growth. To keep up with the evolution of technology, corporations are under pressure to include innovation strategies in their models.
African fintechs halt virtual dollar cards after Union54 chargeback fraud surge
July 21, 2022Last Friday, Barter, the consumer app of Africa’s most valued startup Flutterwave, told customers via email that they would not be able to access its virtual dollar card service from July 17.
Morocco’s Aza Petrolsolutions raises $296k funding round
July 21, 2022Moroccan startup Aza Petrolsolutions, formerly Aza Petroleum, has raised MAD3 million (US$296,000) in funding from the Maroc Numeric Fund II to help it expand.
Cairo to host Africa Women Innovation and Entrepreneurship Forum conference
July 21, 2022The annual Africa Women Innovation and Entrepreneurship Forum (AWIEF) conference and awards will take place in Cairo, Egypt for the first time on September 26-27.
How Nigeria’s AgroEknor is working to digitally transform the superfood value chain
July 21, 2022Nigerian agri-tech startup AgroEknor is working on transforming the value chain of superfoods with scalable digital infrastructure through backward integration.
The Design Innovation Seed Fund in South Africa is now accepting applications
July 20, 2022The Design Innovation Seed Fund (DISF) in South Africa is now accepting applications from those who have pre-revenue inventions.
Softcom’s Weyinmi Barber is making HR desirable one startup at a time
July 20, 2022A well-known irony in the job market is that some jobs or industries that were sought after some 10 to 15 years ago no longer occupy that position and others have had to simply evolve to stay relevant.
Leading Provider of Digital Solutions for Cooperative Societies, Africa Prudential, reiterates the Importance of Cooperatives in Nation-Building
July 20, 2022Africa Prudential, a digital solutions provider with unique solutions for cooperative societies, held a webinar themed, “Cooperatives Build a Better World: Leveraging Technology to Drive Financial Inclusion and Collective Wealth through Cooperatives” in commemoration of the International Cooperative Day.
While venture cools down around the world, climate startups are blazing hot
July 20, 2022While the venture capital world slows, climate tech is bucking the trend as startups in the space continue to ink deals at a record pace. In the process, the sector is climbing the ranks.