Ventures Africa - African Business, Financial & Economic News
Africa’s Tech Ecosystem: Innovation Thrives Amid Funding Challenges. Techup Africa launches TAMP 2024 to empower 1,000 young Africans with tech skills through scholarship. $40 000 in prize money won by four leading African entrepreneurs. Advancing financial inclusion: TBD’s vision for Africa’s digital future. Business.
AfricaBusiness+ unveils first ranking of top private equity firms in ...
Dec 27, 2023 · The continent, projected to raise about $3 billion in funds in 2023, is still a marginal player in the global private equity industry, which is expected to raise $1,100 billion. The reluctance of international private investors and the departure of large firms like Carlyle and KKR underscore Africa’s isolation in this domain.
Ventures Africa - African Business, Financial & Economic News
Business. ODEON tours targets 620,000 tourists in Egypt for 2024 with new headquarters expansion. Saudi Arabia to convene global mineral sector at fourth future minerals forum in January 2025. African fintechs will embrace blockchain in the coming years and here’s why. Kenyan youth justifiably target IMF and government in anger.
How South Africa got the bulk share of Netflix’s investment in Africa.
Apr 26, 2023 · The streaming giant recently released its socio-economic report, showing how well it has done since making its way to sub-Saharan Africa in 2016. According to the report, the company invested a total of $175 million in South Africa, Nigeria, and Kenya from 2016 to 2022. Interestingly, South Africa received the most significant share of these ...
President Museveni And King Mswati III Call For A Unified African ...
Aug 15, 2024 · President Yoweri Kaguta Museveni and the First Lady and Minister of Education and Sports, Maama Janet Museveni have today welcomed the King of Eswatini, His Majesty, Mswati III at Entebbe International Airport.
Empowering Africa’s Small and Medium-sized ... - Ventures Africa
Mar 27, 2024 · Nearly 70% of small and medium-sized enterprises (SMEs) in Africa invested in technology in the past 12 months to help boost growth and resilience – an indication that SMEs are embracing the positive impact of technology.
Africa’s top ten most industrialized countries in 2022
Dec 2, 2022 · Here are Africa’s top ten most industrialized countries in ascending order (industrialization index scores are indicated in brackets). 10. Namibia (0.6014) Namibia had the tenth-highest country score on the Africa Industrialization Index. In 2021, its industry sector contributed 25 per cent to its GDP, nearly three times as much as ...
Nigeria Energy: 10 years of driving West Africa’s ... - Ventures Africa
Sep 18, 2023 · Elsewhere on Ventures Business. NLNG faces similar contract breach accusation as Venture Global in dispute with Shell; Karpowership has announced a partnership with the World Bank’s Women in Energy Network Africa initiative (WEN-Africa) to increase female employment in Africa’s energy sector.
Kenya is making giant strides to be Africa’s EV hub
Feb 13, 2023 · Roam Motors, as their maxim goes, is electrifying Africa, one vehicle at a time. Last September, the startup kicked off the production of Kenya’s first all-electric bus, equipped with a 384-kWh battery pack that should enable a range of 360 kilometres. The startup also produces electric motorbikes, which are offered to people through ...
African gaming startups are on the rise - Ventures Africa
Feb 6, 2023 · For instance, Carry1st, a South African gaming startup, recently raised $27 million in a pre-Series B round. That was the single biggest funding for any African gaming startup. The same startup had previously raised Series A rounds of $20 million in January 2022 and $6 million in May 2021. Notably, Carry1st’s record funding did not come on ...
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