In an exciting development for Africa’s burgeoning tech ecosystem, four Nigerian-owned startups have been selected to pitch their innovative business ideas to NBA Africa for potential financial support. These startups—Buzza, Festival Coins, Naemo Global, and Salubata—will present alongside six other companies from across the continent, competing for funding and mentorship under the prestigious NBA Africa […]

South African President Cyril Ramaphosa announced the government’s firm commitment to significantly increase infrastructure investment in the country, a move that is crucial to spurring economic growth, improving service delivery, and creating jobs. Speaking at the National Council of Provinces (NCOP) in Cape Town on September 12, 2024, Ramaphosa emphasized that the expansion of public […]

The 7th Africa Tourism Leadership Forum (ATLF) held in Gaborone, Botswana, from September 4 to 6, 2024, represented a significant step toward bolstering intra-African travel, tourism, and investment. Organized at the Gaborone International Convention Centre, the event attracted over 500 participants from 43 countries, including influential figures from the travel, tourism, hospitality, and aviation sectors. […]

The UK government has recently announced a £25 million investment into Africa’s food and agriculture sector, aiming to boost trade, tackle the climate crisis, and enhance food security across the continent. This initiative, revealed by Lord Collins of Highbury, the UK’s Africa Minister, during the Africa Food Systems Forum (AFSF) in Kigali, Rwanda, underscores the […]

KoBold Metals, a cutting-edge U.S. startup known for its innovative approach to mineral exploration, has recently announced a significant investment in Zambia’s copper mining sector. The company plans to invest up to $2.3 billion over the next 8-10 years to develop the Mingomba Copper Mine, one of the largest copper reserves in the world. This […]

Introduction China’s relationship with Africa has evolved into one of the most strategically significant partnerships in the global South. This connection, underpinned by economic, political, and cultural ties, has seen significant growth in recent years, with China positioning itself as Africa’s largest trading partner and a key investor in the continent’s development. In a landmark […]

As the African continent continues to emerge as a significant player in the global tech ecosystem, a critical gathering is set to take place that could shape the future of venture capital (VC) and entrepreneurship in the region. From September 9 to 13, 2024, the third Africa Venture Finance Programme will be hosted at Oxford […]

In a significant development that underscores the growing international interest in India’s infrastructure sector, the National Investment & Infrastructure Fund (NIIF), India’s largest domestic infrastructure fund, is preparing to raise $4 billion. This ambitious fundraising effort, backed by prominent global investors including the Abu Dhabi Investment Authority (ADIA), is slated to begin as early as […]

In a significant move that could reshape economic ties between China and Nigeria, China has pledged to encourage its most “powerful” companies to invest in the West African nation. This commitment was made following a high-level meeting between Chinese President Xi Jinping and Nigerian President Bola Tinubu in Beijing on September 3, 2024. The discussions, […]

Introduction In a significant acknowledgment of Saudi Arabia’s role in Africa’s development, Dr. Akinwumi Adesina, the president of the African Development Bank Group (AfDB), has praised the Kingdom for its substantial financial support and commitment to the continent. Speaking at the 50th-anniversary celebration of the Saudi Fund for Development (SFD) in Riyadh, Dr. Adesina lauded […]