The Empower Africa Business Platform is Now Live !!!
 
															The U.S International Development Finance Corporation (DFC) has invested $25 million in Novastar Ventures to support and invest in early stage startups in Africa
This investment will enable the Pan-African venture capital firm to continue its mission of backing innovative and impactful startups that are driving positive change in Africa. With a focus on sectors such as healthcare, education, and financial inclusion, Novastar has already made significant investments in several African startups.
Novastar will roll out the funding under its new investment vehicle Africa People + Planet Fund. The Africa People + Planet Fund is Novastar’s third pool after the $108 million Africa Fund II, which saw it widen its geographical reach to include West Africa.

The Republic of Congo has embarked on a major project to construct a national data center in the Bacongo district of Brazzaville.

Nala, a Tanzanian financial technology company, has announced the development of its own payment platform, Rafiki, to enhance its remittance services across Africa.

LOXEA Nigeria, part of the CFAO Mobility group, has officially launched BYD (Build Your Dreams) electric vehicles in the Nigerian market, marking a major milestone in the country’s transition towards cleaner mobility.