The sixth annual Venture Capital Activity in Africa report has revealed that Africa’s venture ecosystem experienced a 22% decline in deal volume and a 28% drop in deal value in …
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Africa
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Kenya Becomes Africa’s Largest Importer of Second-Hand Clothes
Kenya has been named the largest importer of second-hand clothes in Africa, a title that highlights the country’s ongoing struggle to revive its textile industry while serving as a dumping …
- AfricaALGERIABusiness and EconomyEgyptFinance & ServicesMoroccoNigeriaTANZANIA
Africa’s Billionaires’ Wealth Reaches $105 Billion; Dangote Leads for 14th Year
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
- AfricaFinance & ServicesFintechTechnology
Africa’s Digital Payments Projected to Reach $1.5 Trillion by 2030
A recent report has revealed that digital payments across Africa are expected to reach a staggering $1.5 trillion by the year 2030. This growth is largely driven by the increasing …
Africa’s transition to a green economy is projected to generate substantial employment opportunities across the continent by 2030. A report by FSD Africa and Shortlist forecasts the creation of up …
- AfricaAFRICA NEWSHealthcareHospitalNigeria
The Magnificent Global Plastic and Reconstructive Surgeon ‘Dr. Chukwuemeka Onyewu’ Unveiled as the Latest UncutXtra Magazine Cover Star
Dr. Chukwuemeka Onyewu, a globally trained Plastic and reconstructive surgeon who runs one of the biggest surgical hospitals in Nigeria (CASS) has just been revealed as the latest cover star …
- AfricaAFRICA NEWSKenyaKenyan News
Rubis takes Sh4.7bn bond as payment for fuel subsidy
by Editorby EditorOil marketer Rubis Energy Kenya converted €30 million (Sh4.7 billion) worth of pending fuel subsidy dues into government bonds by the end of June as part of the State’s deal …
- AFRICA NEWSBusiness and EconomyEconomyOil & Gas
Namibia has the potential to become one of the leading oil producers by the year 2035.
by Editorby EditorThe Prime Minister Hon Saara Kuugongelwa-Amadhila on Wednesday reaffirmed the government’s commitment to socioeconomic development and environmental stewardship, following the discovery of two light crude oil discoveries in Namibia in …
- AFRICA NEWSBRIBERY
Madagascar president’s chief of staff charged with UK bribery offence
by Editorby EditorThe chief of staff to the president of Madagascar has been charged with a bribery offence amid claims that a UK mining company was asked to pay £225,000 for a licence to …
- AFRICA NEWSBanking, Finance & Investment
World bank to lend Zambia $210m as country targets to double CDF to K56m per year
by Editorby EditorWorld bank to lend Zambia $210 million as country targets to double CDF to K56m per year. The World bank under the Zambia Devolution Support Project will fund the Zambia …