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Day: May 20, 2024
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16 Startups Selected to Join Visa’s Diverse Second Cohort for Africa Fintech Accelerator Program
Visa has unveiled the African startups selected to join the second round of its continent-wide Fintech Accelerator program.
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Congo to Build Central Africa’s First Fibre Data Center for $72.8 Million
The Republic of Congo has embarked on a major project to construct a national data center in the Bacongo district of Brazzaville.
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Secha Capital Launches Training Initiative to Cultivate Business Leaders in Africa
African impact investor Secha Capital has announced the launch of the Junior Operator-Investor Network (JOIN) program.
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EV Company Spiro Revs Up Africa Expansion with $50 Million Afreximbank Loan
African electric vehicle (EV) leader Spiro announced a significant boost to its expansion plans with a $50 million debt financing agreement signed with Afreximbank, the pan-African multilateral financial institution.
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New VC Firm OpenseedVC Announces First Close of $10 Million Fund to Back Early-Stage African Operators
OpenseedVC, a recently launched venture capital firm, has secured an initial closing for its $10 million early-stage fund.
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Nigeria to Build 90,000km of Terrestrial Fibre-Optic
Nigeria’s government has launched a series of ambitious initiatives aimed at transforming the country’s digital landscape, according to Communication, Innovation and Digital Economy Minister Bosun Tijani.