In a bid to catalyze the growth of early-stage African tech startups, Startupbootcamp AfriTech has unveiled OnAfrica, a specialized investor syndicate. OnAfrica is set to play a pivotal role in the African tech ecosystem by offering selected startups funding ranging from $100,000 to $400,000, coupled with invaluable support in the form of mentorship, guidance, and […]

In a bid to alleviate its staggering debt burden, Zimbabwe is strategically employing the proceeds from its platinum exports to settle a $400 million loan extended by the African Export-Import Bank (Afreximbank). This move underscores the nation’s reliance on its mineral wealth to secure lines of credit amid challenges in obtaining loans from international financiers, […]

In a significant move towards fostering a deeper global alliance, the United States has announced a substantial investment of $600 million in private investments and infrastructure development in Africa. This announcement was made by David Greene, the Chargé d’Affaires of the U.S. Embassy in Nigeria, during an interview with the News Agency of Nigeria (NAN) […]

In a significant stride towards fostering digital payments in South Africa, Mastercard, a global titan in payment services, has successfully finalized the establishment of advanced technological infrastructure within the country. This strategic investment is anticipated to streamline local transaction processing, revolutionize the payments landscape, and seamlessly align with the Vision 2025 digital transformation agenda outlined […]