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Critical business developments shaping Africa’s economic future
Nigeria has placed green finance at the centre of its strategy to accelerate its energy transition, with President Bola Ahmed Tinubu unveiling plans for a $2 billion climate fund at the Abu Dhabi Sustainability Week summit.
ThriveAgric, a Nigerian agritech company, has announced a new initiative to empower 125,000 farmers across the country financially.
South African startup MyBitSecure has unveiled an all-in-one system that combines IoT-based irrigation and soil monitoring with enterprise-grade cybersecurity to protect farm data.
Google has announced the appointment of Alex Okosi as Managing Director for Africa.
Latest funding rounds and investment opportunities across the continent
Sahel Capital has provided a new $2.4 million working capital loan to Kuapa Kokoo Limited (KKL) through its Social Enterprise Fund for Agriculture in Africa (SEFAA), reinforcing its earlier credit support for the Ghanaian cocoa firm.
Visa has selected 23 African startups for the inaugural cohort of its Visa Africa Fintech Accelerator.
BioNTech, the renowned German biotechnology company, has finalized the acquisition of Tunisia’s artificial intelligence (AI) startup, InstaDeep, in a deal worth $550 million.
SEACOM LTD, one of the leading Pan-African data services providers, has secured $207 million in funding from the International Finance Corporation (IFC) to accelerate digital connectivity in seven African countries.
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