Most Recent News

EU, Kenya launch €4.5 billion joint cooperation strategy

The European Union (EU) and Kenya have held a dialogue session on the EU-Kenya partnership. This dialogue reviewed all aspects of the EU-Kenya bilateral relations and reflects our long-standing relationship,.

Fintech FinChatBot secures $500,000 investment from Compass VC, Kalon Venture Partners

South African venture capital firm Kalon Venture Partners and Mauritius-based Compass Venture Capital have announced their co-investment into one of the leading financial services chatbot providers, FinChatBot. The investment amount.

Morocco creates mobile money service “m-wallet”

Moroccans can now use their mobile phones to send or receive money and pay for services. The project, elaborated since 2017 and led by the central bank, Bank Al-Maghrib (BAM).

MTN goes for mobile banking licence

MTN Group will apply for a mobile banking licence in Nigeria and plans to launch the service there next year. Nigeria announced last month that it would allow telecom companies.

World Bank Group launches L’Afrique Excelle to support Francophone Africa’s top tech entrepreneurs

The World Bank Group has announced L’Afrique Excelle, a six-month business acceleration program designed to support the 20 most promising growth stage technology start-ups operating in Francophone Africa. Entrepreneurs will.

Why Sustainable Development may remain a mirage in Africa – Biola Alabi

Biola Alabi, one of Africa’s leading entrepreneur, media executive, and founder Biola Alabi Media, has said that for the continent to experience meaningful and sustainable progress across all sectors of.

Huawei Cloud launches in South Africa

Huawei Cloud, the cloud-computing services of Huawei, has unveiled a new region in South Africa, making the company the world’s first cloud service provider that operates a local data center.

Rwanda, World Bank sign $125 million deal to support expansion of electricity

The government of Rwanda and World Bank have signed a $ 125 million Development Policy Operation (DPO) credit agreement to support a fiscally sustainable expansion of electricity services in Rwanda..

AfDB approves $40m equity investment in Africa Infrastructure Investment Fund

The Board of Directors of the African Development Bank has approved its third equity investment of US$40 million in Africa Infrastructure Investment Fund (AIIF3), a closed-ended pan-African infrastructure fund managed.