Ecobank, the pan-African financial services Group, has announced the opening of applications for the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to …
Entrepreneurship
- AfricaAFRICA NEWSEntrepreneurship
Tinubu Approves N150,000 Grant for Each MSMEs Clinics Participant
by Editorby EditorPresident Bola Ahmed Tinubu has given his approval for a grant of N150,000 to be provided to every participant in Nigeria’s micro, small, and medium enterprises (MSMEs) Clinics initiative. This …
- AfricaAFRICA NEWSEntrepreneurship
China’s $47B Semiconductor Fund Puts Chip Sovereignty Front, Centre
by Editorby EditorChina has launched a groundbreaking $47 billion semiconductor fund aimed at bolstering its domestic chip industry and securing its position as a global leader in technology. This strategic move underscores …
- AfricaAFRICA NEWSEntrepreneurship
AfDB Pledges $2.9 Billion to Agriculture Development in Nigeria, Other African Nations
by Editorby EditorIn a significant boost to agricultural development across Africa, the African Development Bank (AfDB) has announced a pledge of $2.9 billion. This investment aims to support and enhance agricultural initiatives …
- AfricaAFRICA NEWSEntrepreneurship
Nigerian Company MMNL to Invest $50 Million to Scale up its Tubular Batteries Production
by Editorby EditorMetal Manufacturing Nigeria Limited (MMNL); also ventures into multiple business verticals in backward & forward integration and into the Mining segment to stay ahead of its competitors To cater to …
- AfricaAFRICA NEWSEntrepreneurship
Elon Musk’s AI Company Raises $6 Billion, Begins Mass Hiring of Engineers Globally
by Editorby EditorElon Musk’s latest venture in the artificial intelligence sector has successfully raised $6 billion in funding, marking one of the largest capital injections in the industry to date. The company, …
- AfricaAFRICA NEWSEntrepreneurship
Visa launches 2.5 million grant competition for female entrepreneurs in Kenya
by Editorby EditorVisa has launched its She’s Next global advocacy program in Kenya to support women business owners. The program aims to assist women entrepreneurs through funding, training, and mentorship opportunities. Eligible …
- AfricaAFRICA NEWSEntrepreneurship
Axmed raises $2 million to transform access to critical medicines in Africa
by Editorby EditorAxmed, an innovative two-sided B2B marketplace platform, is making strides in addressing global health disparities by securing a $2 million seed funding round. This investment aims to expedite the accessibility, …
- AfricaAFRICA NEWSEntrepreneurship
Jack Dorsey’s TBD Partners With Chipper Cash to Launch in Africa
by Editorby EditorJack Dorsey’s TBD, operating as part of Block, has expanded its reach to Africa through a collaboration with pan-African cross-border payments company Chipper Cash. Chipper Cash has been integrated into …
- AfricaAFRICA NEWSEntrepreneurship
d.light secures $3.4 million to provide 10,000 solar home systems to refugees in Uganda.
by Editorby Editord.light, a company specializing in solar products and affordable finance for low-income households, has secured $3.4 million grant from Private Sector Foundation Uganda (PSFU) and Energising Development (EnDev) to offer …