Africa has some of the world’s most significant, yet, untapped resources such as solar, hydraulic and geothermal energy. While some of these resources are scattered across the continent, most are found in huge deposits around the Northern, Southern and Eastern regions. According to comments by Makhtar Diop, Managing Director, IFC, in the recently concluded Africa …
The role of education in bridging the skills gap in Africa’s fintech
With six of the seven African unicorns in the financial technology (FinTech) sector, Africa’s FinTech sector is booming; industry experts expect the $15 billion 2021 valuation of the sector to double by 2025. Driving this surge in demand are factors like the youthful population, the growing internet population and access to mobile telephony. Besides changing …
Express your creativity and build community at LLF workshops and exclusive masterclass this 2023
The biggest leather fair in West Africa, Lagos Leather Fair is back for its 2023 edition, which will also play host to the first LLF exclusive masterclass, conversations and a series of workshops from June 15th, 17th, and 18th at the Balmoral Convention Center, Victoria Island, Lagos. The exclusive masterclass, conversations and workshops are designed …
ThriveAgric empowers over 500,000 smallholder farmers to scale food production in Africa
Leading agricultural technology company, ThriveAgric, has today released its 2022 Impact Report reiterating the company’s mission to build the largest network of profitable farmers and accelerate an Africa that feeds itself. In the year under review, the Nigeria-founded company scaled its operations into neighbouring Ghana, and Kenya in East Africa amongst other feats. Key highlights …
From creative power to women’s leadership – How Africa Soft Power is propelling African thought-leadership globally
In May, the Africa Soft Power Summit returned to Kigali, Rwanda for its second ‘physical world’ Summit in what represents the highest-level convening for Africa’s creative and tech industries, as well as women’s leadership. Across five action-packed days, leading voices and bright minds from the public and private sector organizations, as well as pioneering individuals …
WellaHealth is helping Nigerians in diaspora take care of their loved ones
It’s not news that providing healthcare in Africa is problematic. Even though standards vary from country to country, African healthcare often faces similar issues: not enough funding, too few doctors and low accessibility to health services. However, the fight against poor healthcare in Africa is not so simple. Despite widespread poverty in Africa, 50 per …
How the IFC-BUA $500 million deal underscores the critical role of private-partnership for African economies
Africa has some of the world’s most significant, yet, untapped resources such as solar, hydraulic and geothermal energy. While some of these resources are scattered across the continent, most are found in huge deposits around the Northern, Southern and Eastern regions. According to comments by Makhtar Diop, Managing Director, IFC, in the recently concluded Africa …
Airtel Nigeria to launch 5G on Monday
Airtel Airtel Nigeria, a telecommunication provider it will be launching its fifth-generation (5G) mobile network on Monday. The launch is expected to boost competition in the Nigerian telecoms market. The operator will also attract new customers and improve its market share. According to the latest Nigeria Communication Commission(NCC) data, the company controls 27.01 percent of …
Eze secures $3.7m seed funding for global expansion in electronics wholesaling
Eze, a wholesale marketplace for used and new electronics, has raised $3.7 million in seed funding that will be utilised to develop and enhance its technology infrastructure, expand its product offerings, and facilitate expansion into new markets across Africa, Europe, and South America. The funding round was led by Right Side Capital Management, with participation …
Flutterwave says account freeze was procedural, condemns ‘sensational media reports’
Flutterwave, a leading payment solutions provider has said that the reported freezing of the company’s accounts in Kenya by a high court in Nairobi for 14 days was a procedural step in such civil cases, condemning media reports that it said sensationalised the story. “We are of the view that the article(s) intentionally sensationalizes the …