On January 9, 2025, Konecta, a leading Spanish digital services company, announced the establishment of its regional headquarters in New Cairo, Egypt.  This initiative is part of a $100 million investment plan to enhance the company’s operations in the Middle East, Africa, Europe, and the Americas.  The announcement was made during a ceremony attended by […]

Sanabil Investments, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), announced on Wednesday the launch of the Sanabil Accelerator by Orbit, aimed at nurturing early-stage startups in North Africa and the MENA region.  This initiative marks a significant step in fostering innovation and entrepreneurship across various sectors. Read also: Telr partners with Apaya to […]

Sierra Leone’s rural electrification strides are set to significantly improve with the introduction of a results-based financing (RBF) model to accelerate the deployment of solar mini-grids across the country. The innovative approach will provide grants to private mini-grid developers and operators, disbursed upon verification of key milestones such as the number of households connected to […]

Nigerians and other applicants from around the world can now apply for visas online thanks to the opening of a portal by German authorities. Germany’s Federal Foreign Office made this announcement in a statement on January 1. “The Consular Services Portal is being launched worldwide today, 1 January 2025, enabling people around the world to […]

HealthTech Hub Africa (HTHA) has announced its 2025 Accelerator Program, which aims to empower African health startups.  The Novartis Foundation launched this initiative on December 31, 2024, to integrate innovative health technologies into public health systems across the continent. Read also: Compass Global’s initiative bridges Africa’s trade gaps, focuses on youth and women entrepreneurs Supporting […]

Compass Global, led by CEO Tokunbo Chiedu, has announced a significant initiative aimed at empowering small and medium enterprises (SMEs) to leverage the African Continental Free Trade Area (AfCFTA).  This announcement was made on December 31, 2024, during the conclusion of their West Africa Meets East Africa Trade Mission. Read also: Alibaba Cloud’s 85% price […]

On December 26, 2024, JOBO Interim, a digital staffing platform based in Ivory Coast, announced a successful $2 million funding round to transform the recruitment market in West Africa. Guillaume Dacier, co-founder and CEO, spearheads this initiative. Dacier is passionate about addressing the challenges the region’s labour market faces. Read also: Renew Capital, Witamax invest […]

In a historic effort to support continental integration and mobility, Ghana has joined Rwanda, Seychelles, The Gambia, and Benin in granting visa-free travel to all holders of African passports. Outgoing President of Ghana, Nana Addo Dankwa Akufo-Addo approved the visa-free entry policy to Ghana for all African nationals on Wednesday, December 18, 2024. The policy […]

On December 19, 2024, Konga, a leading e-commerce group in Africa, announced the launch of KongaFM, an innovative AI-powered FM radio station set to debut in January 2025.  This groundbreaking initiative aims to blend music and commerce, creating Africa’s first Hit Music & Commerce Station.  Read also: Temu becomes most downloaded app days after entering […]

Renew Capital and Witamax have invested in Talaty to extend AI-powered financing solutions across Morocco and in extension,  French-speaking nations in Africa.  The statement, released by Renew Capital on Thursday, noted that the investment will help Talaty to increase financial inclusion for Small and Medium-sized Businesses (SMBs) throughout the region by expanding its operations, scaling […]

Proparco announced a significant $5 million investment in the Equator Africa Fund on Monday, aimed at enhancing climate innovation across Sub-Saharan Africa. Equator Africa Fund, founded by Nijhad Jamal, focuses on early-stage startups addressing urgent climate challenges through renewable energy, sustainable agriculture, and green mobility solutions. Read also: Namibian minister calls for urgent investment in […]

Policymakers have been advised to integrate technology into Africa’s tourism industry to drive growth, efficiency, and global competitiveness. This was the key message at the 5th edition of the Tourism and Technology Summit Africa, held on December 12, 2024, at the Lagos Oriental Hotel.  Themed “Bridging Borders, Breaking Barriers: Transforming Tourism in Africa Through Technology,” […]

Following the completion of its most recent investment round, which brought in a total of $250 million, the pioneering digital lender Tyme Group, supported by the South African billionaire Patrice Motsepe, has joined the ranks of exceptional African unicorns. Significant progress has been made in the financial technology landscape of the continent because of the […]