Africa’s $150 Billion Infrastructure Gap — and What It Means for the Continent’s Future
Africa faces a $150B yearly infrastructure gap. Explore the causes, climate-finance shortfall, and opportunities for investment across key sectors.
Key Developments
Critical business developments shaping Africa’s economic future
Trending News
Ethiopia Introduces First Local Credit Card to Modernize Its Financial System
Ethiopia has launched its first locally issued credit card, marking a key step toward digital transformation in its financial services.
Kenya’s leading telco Safaricom to start investing in tech startups via new funding ventures
Safaricom, Kenya’s leading telecommunications giant, has revealed its ambitious plan to bolster the tech startup ecosystem by launching two new subsidiaries.
Google Unveils Umoja, First-Ever Fiber Optic Cable Directly Linking Africa and Australia
Google has announced a landmark infrastructure project: Umoja, the first-ever fiber optic cable directly connecting Africa and Australia.
New Investments
Latest funding rounds and investment opportunities across the continent
South Africa’s Ezeebit Raises $2.5m Seed Funding to Expand Crypto Payments for African Merchants
Ezeebit, a South Africa–based fintech building payment infrastructure for stablecoins and cryptocurrencies, has raised $2.5 million in seed funding to scale its operations across key African markets.
Tesla Enters Africa with First Office on the Continent in Morocco
Tesla has officially entered the African market by launching its inaugural office in Casablanca, Morocco.
Africa to Get Share of PayPal’s $100 Million Investment Aimed at Powering Digital Innovation and Economic Growth
PayPal has announced plans to invest US$100 million across the Middle East and Africa, aiming to accelerate innovation, boost entrepreneurship, and nurture more inclusive economic growth in a region experiencing a surge in digital commerce activity.
JPMorgan Chase Granted Approval to Establish Representative Office in Kenya
JPMorgan Chase, the largest bank in the U.S. by market capitalization, has been granted approval by the Central Bank of Kenya (CBK) to open a representative office in Kenya.
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