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Critical business developments shaping Africa’s economic future
Dubai-based manufacturer Maser Group is repositioning itself in Africa, channeling a large portion of its capital into agricultural land and digital infrastructure projects as the continent grapples with rising food import bills and a fast-growing need for data capacity.
The Kenyan government, in collaboration with industry stakeholders, is implementing the comprehensive plan to promote domestic smartphone assembly.
Kenyan mobility startup BasiGo has received a $1.5 million grant from the United States Agency for International Development (USAID) to support the pilot testing and scale-up of its electric buses in Rwanda.
Aspiring African entrepreneurs now have the chance to join a thriving community and gain valuable skills through the fourth edition of Nomfro Technologies’ Entrepreneurship Empowerment Project (NTEEP).
Latest funding rounds and investment opportunities across the continent
Delta40, an Africa-focused venture builder, has successfully raised $20 million to expand its combined venture studio and early-stage investment fund, a financing round the firm says is the first institutional raise of its kind on the continent to merge hands-on company building with seed capital.
The Rwandan Ministry of Information Communication Technology and Innovation, alongside the World Economic Forum, launched the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda, marking a first for the African continent.
The International Finance Corporation (IFC) has announced an investment and advisory support package for Biovac, a leading South African biopharmaceutical company.
Africa is experiencing a surge in online consumerism, becoming a key player in the global digital commerce landscape, according to a new report by EBANX, a global fintech company.
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