Africa has emerged as the fastest-growing FinTech market globally, with industry revenues projected to surge 13-fold to about $65 billion by 2030, according to a new report by Boston Consulting …
Entrepreneurship
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AfricaAFRICA NEWSEntrepreneurship
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The days of manually needing to export and import data between systems are gone. If a business wants to scale, it must integrate and automate repetitive processes – from onboarding …
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Satellite internet providers are racing to cover Africa, promising connectivity in places where fiber and mobile networks struggle to reach. Yet the central question remains unresolved: who actually gains when …
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AfricaAFRICA NEWSEntrepreneurship
Nigeria backs Flutterwave with $75m as Africa’s largest fintech eyes $250m IPO
Nigeria’s federal government has approved a $75 million investment in Flutterwave as the payments firm moves closer to a planned $250 million initial public offering, signalling stronger state backing for …
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The Africa Centres for Disease Control and Prevention has endorsed the outcomes of the One Health Summit in Lyon, positioning the meeting as a turning point in Africa’s role in …
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Africa Feed & Food (AFF) has received a USD 90 million investment from French development finance institution (DFI) Proparco and North Africa-focused investment entity RMBV. Africa-focused law firm Asafo & …
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AfricaAFRICA NEWSEntrepreneurship
Africa startup funding tilts to debt as early stage slumps in March
Africa’s start-up funding rose in March, but the gains masked a deeper shift in investor behaviour, with capital increasingly flowing into fewer, more mature companies through debt rather than equity. …
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AfricaAFRICA NEWSEntrepreneurship
Verto Expands Business Accounts to Enable Seamless Payments from the US to Africa
Global payments platform, Verto, has launched a new solution under its Verto Business Accounts offering, enabling U.S.-registered companies to open USD accounts in their own business names and move funds …
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Global open-source leader, Red Hat, has announced an expanded collaboration with Google Cloud aimed at helping enterprises accelerate application modernization and simplify their migration to the cloud. The strengthened partnership …
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West African energy company Tetracore Energy Group has announced plans to develop a $400 million data center in Nigeria in partnership with Huawei and Inspirive Technologies. The planned 20MW facility …