News from across Africa covering business, markets, policy and development in North, West, East, Central and Southern Africa.
UAE-based Alaan, the leading spend management platform for Middle Eastern businesses has raised $4.5 million pre-Series A funding, backed by Presight Capital, Y Combinator, and angel investors. Together with the …
Xiaomi has been hard at work to actualize its first electric car. After investing $1.5 billion in 2021 in its car division, the results are starting to show with its …
Chinese hackers are exploiting zero-day vulnerabilities in networking devices, followed by the installation of custom implants, reported The Hacker News. A suspected China-nexus threat actor exploited a recently patched vulnerability …
Pan-African data centre operator Africa Data Centres (ADC) has broken ground on an additional data centre facility in Nairobi, Kenya. First announced in late 2022, the Cassava Technologies subsidiary this …
The 2023 real estate market faces a triple threat: recession, inflation, and high-interest rates. While recession and inflation might be temporary, real estate investors are just beginning to understand the …
The slump in the world’s biggest asset class has spread from the housing market to commercial real estate, threatening to unleash waves of credit turmoil across the economy. Almost $175 …
The Bench, which is well known for organising AviaDev, the premier platform dedicated to growing connectivity to, from, and within the African continent alongside a portfolio of world-class hotel investment …
Treasury Secretary Janet Yellen begins a 10-day visit to promote all the economic possibilities between the U.S. and the world’s second-largest continent. Yellen is the first administration official visit to …
The lawsuit against mining giant Anglo American was filed on behalf of women and children in Zambia’s central Kabwe District, who are the alleged victims of lead poisoning. The UN …
Greece is committed to strengthening its cooperation with Africa. With this in mind, an official delegation, led by Greek Foreign Minister Nikos Dendias, visited the headquarters of the African Development …
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