Category: Key developments

Nigerian identity verification firm Smile ID has deepened its alliance with Mastercard in a move poised to hasten the deployment of secure digital identity systems across Africa.

Norfund’s Climate Investment Fund, together with the country’s largest pension company KLP, will commit NOK 850 million (approximately USD 86 million) to establish a new renewable energy vehicle in South Africa called Anthem.

At the Unstoppable Africa 2025 forum, held alongside the 80th United Nations General Assembly, Zimbabwean tycoon Strive Masiyiwa, founder of Econet Global and Cassava Technologies, announced an ambitious plan to build Africa’s first pan-continental network of AI factories.

Alami Capital has taken a bold step toward rewriting the future of women in business with the launch of The LaunchPad, a new venture-building platform unveiled at GITEX Nigeria in Lagos.

Africa is far larger than most maps suggest. From landmass to population, the continent’s true scale has been hidden in plain sight.

The Africa Women Innovation & Entrepreneurship Forum (AWIEF) has unveiled its list of finalists for the 2025 AWIEF Awards, recognising African women entrepreneurs and business leaders whose work is advancing innovation, equality, and sustainable growth across the continent.

Acumen, the global impact investment firm, has introduced its second iteration of the KawiSafi fund, a private-sector investment vehicle dedicated to scaling climate-focused solutions throughout the African continent.

Helios Investment Partners has taken a significant step toward expanding its digital infrastructure footprint in North Africa after Telecom Egypt’s board gave initial approval to the firm’s proposal to purchase a majority interest in its data center business.

Africa’s Business Heroes (ABH), the flagship philanthropic enterprise spearheaded by Alibaba Philanthropy and rooted in the Jack Ma Foundation, has unveiled the 20 entrepreneurs selected to advance to the semi-finals of its prestigious 2025 competition.