The Empower Africa Business Platform is Now Live !!!
The company has established operations in South Africa and Morocco and plans to add additional regional locations over the next several years. The expansion into Africa is part of TELUS International’s growth strategy, which is focused on providing high-quality customer experience solutions to global brands.
The company’s new locations in Africa will provide it with access to a large pool of talented and multilingual workers and a strategic location for serving customers in Europe, the Middle East, and Africa. The expansion of TELUS International to Africa is expected to bring several benefits to the region, including the transfer of technology and skills. The expansion is also expected to positively impact the African digital economy’s development.
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The African Development Bank Group has approved a $61 million funding package to help expand access to finance for women-led businesses in Nigeria, with a strong focus on agriculture and other sectors critical to economic growth.

The Baobab Network, a Nairobi-based accelerator and investment firm, has invested $50,000 into five promising African startups.

Pan-African venture capital firm Launch Africa Ventures has made its first cash distribution to investors in its Launch Africa Seed Fund I, returning approximately $2.5 million, equivalent to about 7% of paid-in capital.