Africa’s startup ecosystem is no longer a nascent curiosity; it’s a vibrant, innovative powerhouse rapidly gaining global recognition and attracting significant international investment. Once overlooked, the continent is now celebrated …
FUNDING
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AfricaDevelopmentDigital EconomyEconomyEgyptFintechInnovationKenyaNigeriaSouth AfricaTechnology
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BusinessEconomyFinance & ServicesINVESTMENTTechnology
Africa venture ecosystem records 22% drop in deal volume
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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BusinessEconomyKenya NewsMarketsUncategorized
CMA Gazettes Crowdfunding Regulations and Paving Way For Cheaper Capitals
Small businesses will access affordable funding after the Capital Markets Authority (CMA) gazetted a new crowdfunding regulation. The Capital Markets (Investment-Based Crowdfunding) Regulations 2022 is pursuant to Section 12 (1) …
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AfricaGlobal NewsINVESTMENTNewsWestern Africa
Japan, AfDB announce $5B financing for Africa’s private sector
The government of Japan and the African Development Bank (AFDB) have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative …
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AfricaAFRICA NEWSBusinessCOVID-19EconomyEgyptNewsNorth AfricaNorthern Africa
USAID funds Egypt’s response to Covid-19 with $9M
The US government is supporting Egypt’s Covid-19 response with $9 million (EGP 173.4 million) in new funding, the United States Agency for International Development (USAID) in Egypt announced in a tweet on …