Category: Key developments
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Sierra Leone Strengthens Agrifood Investment Drive Through High-Level Investor Summit
Sierra Leone has taken a major step toward transforming its agricultural sector and attracting large-scale investment through the inaugural Sierra Leone Agrifood Investor Summit — the country’s largest gathering of agrifood investors to date.
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Sub-Saharan Africa’s Economy Projected to Grow by 3.8% in 2025
The World Bank’s Africa’s Pulse (October 2025) forecasts real GDP growth in Sub-Saharan Africa at 3.8% in 2025, up from 3.5% in 2024.
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South Africa’s MyBitSecure Launches Smart, Secure IoT Farming System to Protect Africa’s Digital Farms
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.
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MTN’s Bayobab Partners with Zoom to Accelerate Africa’s Digital Transformation
MTN Digital Infrastructure, trading as Bayobab and part of the MTN Group, has partnered with Zoom Communications, Inc. to boost digital inclusion and enhance business connectivity across Africa.
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African Union Unveils $170 Billion Annual Infrastructure Drive, Earmarks $30 Billion for Aviation Modernization
This week in Luanda, Angola, the African Union (AU) held its third high-level summit, uniting African transport ministers, airline CEOs, and representatives from the World Bank and European Commission.
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Ivory Coast E-Commerce Platform ANKA Acquired by US Retail Technology Company Global Shop Group
Ivorian-based e-commerce company, ANKA, has been acquired by US-firm Global Shop Group, marking the latter’s entry into Africa’s fashion and commerce infrastructure marketplace.
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COMESA Unveils Digital Payment Platform to Boost Intra-African Trade in Local Currencies
The Common Market for Eastern and Southern Africa (COMESA) has unveiled a new digital payments system that enables businesses to conduct cross-border trade using local currencies rather than relying on the US dollar.
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African Startups Raise $140 Million in September, Bringing 2025 Total Funding to $2.2 Billion
African startups raised $140M in September 2025, bringing total funding to $2.2B. Explore key sectors, top deals, and ecosystem growth trends.
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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.