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Tuesday, Jul 2

19

What does Nigeria’s debt crisis have in common with Kenya’s protest?

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In the last two years, Ventures Africa has covered Nigeria’s debt problem. In 2022, we talked about how Nigeria’s rising debt might be a result of its spending problem.

17

Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions

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BFA Global, FSD Africa, and the International Union for Conservation of Nature (IUCN) are thrilled to announce the selection of ten innovative, future-looking startups as part of the Africa Blue Wave and Regen Wave initiatives.

16

Flexibility choices could be a fatal blind spot in Africa’s renewable energy transition

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It is no longer disputed that solar and wind power will be the foundation of Africa’s future energy systems.

Monday, Jul 1

17

New AI Insights: AfriLabs publishes two groundbreaking reports funded by the Gates foundation

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AfriLabs, the largest pan-African network of technology and innovation hubs, is thrilled to announce the release of two pivotal studies on Artificial Intelligence (AI) in Africa.

11

Weekly economic index: South African telco giants clash, Meta to pay Nigerian and Ghanaian content creators, and Nigeria’s debt to GDP ratio reaches record high.

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Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: MTN contests Vodacom’s Spectrum allegations The South African telecommunications industry is embroiled in.…

Friday, Jun 28

18

Development Bank of Nigeria announced as partner for the Africa social impact summit 2024

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The Sterling One Foundation, co-conveners of the Africa Social Impact Summit are pleased to announce the Development Bank of Nigeria (DBN) as one of its partners for the third edition of the Africa Social Impact...

Thursday, Jun 27

15

All you need to know about Kenya’s Finance bill protest

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If you have been following recent news, you might have seen the massive protests sweeping across Kenya. Thousands of Kenyans are protesting against a proposed finance bill that introduces new taxes.

Wednesday, Jun 26

10

Rethinking fintech distribution in Africa: The role of ‘undiscovered founders’

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Flashy new tech companies and cutting-edge tech get a lot of buzz.

Tuesday, Jun 25

20

Paycorp expands into embedded business funding in South Africa and the UK

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Paycorp, a global leader in payment solutions, continues shaping the future of payments across Southern Africa, Central and Eastern Europe, and the UK.

World Economic Forum identifies top 10 emerging technologies to address global challenges

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The World Economic Forum announces today the publication of its annual Top 10 Emerging Technologies Report featuring technologies with the greatest potential to make a positive impact in the world in the next three to five...

17

Five important business tools for MSMEs

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The emergence of innovative and customer-centric business solutions has made it easier for micro, small, and medium enterprises to enhance their performance and experience significant growth.

15

MTN foundation leads successful anti-substance abuse advocacy walk in Lagos

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The MTN Foundation, through its Anti-Substance Abuse Programme (ASAP), recently held an advocacy walk in Lagos aimed at raising awareness and combating drug abuse.

Monday, Jun 24

18

Weekly economic index: Nigerians’ data exposed, Kenya passes finance bill, Nigeria’s rising debt.

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Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Kenya Passes Finance Bill Amidst Public Resistance Despite widespread protests across the country,...

Friday, Jun 21

Why Lagos e-hailing drivers are demanding regulation

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Ride-hailing apps have become a popular transportation option in Lagos, Nigeria. But for the drivers behind the wheels, the experience hasn’t always been positive.

17

Is Nigeria’s commercial hub chasing its entrepreneurs with overbearing tax concerns?

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“Dear @jidesanwoolu, can you please instruct your folks at LIRS (Lagos State Internal Revenue Service ) to STOP estimating people’s income?” read a Tweet from Tayo Oviosu, the founder and CEO of Paga, on X...

12

Incomparable Scotch whisky The Macallan hosts exclusive soirée to celebrate a night on earth launch

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In an evening reminiscent of celebration and gifting, The Macallan, distillers of extraordinarily rare single malt Scotch whiskies, captured Nigeria’s celebrities with a private tasting session of their latest limited edition offering, “A…

11

$550 Million Investment in Ubeta Field Development Project, will boost Nigeria’s Domestic Gas Supply

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Nigeria, a leading oil-producing nation has struggled to attract the right investments to scale its oil and gas industry, despite having the largest gas reserve base in Africa.

Thursday, Jun 20

20

What did President Ruto’s visit to the US deliver for Kenya and Africa?

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State visits by African leaders to the US are rare. The latest, before Kenya’s President William Ruto’s last month, was Ghana in 2008.

Wednesday, Jun 19

18

Transformational companies recognised during Afreximbank’s Annual Meetings 2024 in Nassau, The Bahamas

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At a Gala Dinner attended by leading dignitaries, the African Export-Import Bank (Afreximbank) hosted the second edition of the Pan-African Business and Development Awards in association with the Business Council for Africa (BCA), in…

17

NIBSS downtimes: Is Nigeria’s fintech sector built on a house of cards?

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Last week, Nigeria’s financial technology (fintech) sector faced a significant setback when the Nigeria Inter-Bank Settlement System (NIBSS) experienced a three-day downtime.

Mo Ibrahim Foundation launches 2024 Ibrahim Forum report Financing Africa: Where is the Money?

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The Mo Ibrahim Foundation’s latest report, “Financing Africa: Where is the Money?” provides a comprehensive analysis of both the financial needs deemed necessary for Africa to meet its development and climate goals and the resources that...

Friday, Jun 14

Gavi Board Approves 2030 Strategy; New Vaccines; Key decisions on regional manufacturing and health security initiatives

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The Gavi Board today approved the Vaccine Alliance’s strategy for the five years running from 2026 to 2030. African Vaccine Manufacturing Accelerator and Day Zero Financing Facility parameters were also approved, along with the expansion…

Thursday, Jun 13

22

BAT Nigeria setting a new standard for environmental stewardship through water recycling

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In an era defined by the urgent need for environmental stewardship, BAT Nigeria has set a formidable benchmark for sustainability practices.

18

GoDaddy founder reveals untold story of traumatic upbringing, military service and entrepreneurial journey

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Everybody has heard of GoDaddy, but how many people know the real-life story of the highly successful, philanthropic, and colorful man behind the company?

16

The Rockefeller Foundation, GEAPP, SEforALL lead high-level delegation to visit Nigeria’s successful energy transition projects

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Sustainable Energy for All (SEforALL), a global organization dedicated to universal access to sustainable energy, announced today its CEO and Special Representative to the UN Secretary-General, Damilola Ogunbiyi, will host a high-level…

15

Empowering Rural Communities: The impact of off-grid energy solutions in Africa

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Growing up in rural Kenya, I understood the daily struggle of living without electricity. It seemed like a luxury reserved for urban dwellers, something beyond our reach.

Wednesday, Jun 12

IFC and lenmed hospital group partner to expand quality healthcare services in Africa

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IFC and Lenmed Hospital Group (Lenmed) announced a partnership to increase access to quality healthcare, especially in underserved communities, in South Africa, Botswana, Ghana, and Mozambique.

Metaverse education market to grow tenfold and hit a $25 billion value by 2030

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Digital technologies have completely transformed education over the past two decades, but the metaverse has taken it to a new level.

Hotel industry to hit over half-a-trillion dollar value by 2028

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Although it took three years for the hotel industry to fully recover after the COVID-19 hit, the entire market has picked up the pace of solid growth and is set to reach a new milestone...

10

How Margaret Prize winner, Damilola Aminat Adeyemi is looking to popularize clean cooking.

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Africa is no longer a bystander in the global tech race. There is a wave of brilliant tackling complex challenges and developing groundbreaking solutions.