Category: Key developments

BasiGo, a Kenyan electric mobility frontrunner, has inaugurated the country’s first dedicated assembly line for modern electric buses at the Kenya Vehicle Manufacturers (KVM) plant in Thika.

US-based clean energy companies Astra Energy and Powertron Global have joined forces to establish a joint venture focused on waste-to-energy projects across Africa.

Tanzania’s leading telecom operator, Vodacom Tanzania PLC (VTPLC), has solidified its market dominance by acquiring Smile Communication Tanzania Limited.

Nigeria is set to expand access to electricity in unserved and underserved areas through a $750 million loan from the World Bank.

Equity Bank and Mastercard have announced a strategic partnership that empowers Equity Bank customers to send money securely to 30 countries.

The Mastercard Foundation Fund for Resilience and Prosperity is offering a new opportunity for SMEs in the agricultural sector across Sub-Saharan Africa.

Kenya is poised to become a leader in responsible AI development in Africa, with the government partnering with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to launch a project for a National Artificial Intelligence (AI) Strategy.

Canadian pre-seed venture fund Panache Ventures has joined forces with Kora, a pan-African fintech company.

Mastercard and Women Choice announced the expansion of their existing partnership to further empower women entrepreneurs across Africa and the Middle East.