Micro, small, and medium-sized enterprises (MSMEs) represent the economic backbone of Africa, accounting for approximately 50% of the continent’s GDP and generating an estimated 80% of jobs across the region. Yet despite their crucial role in driving employment and economic growth, African MSMEs face a persistent and debilitating challenge: severely restricted access to affordable credit. […]

Nigeria is positioning itself as a major destination for green finance and climate investment with President Bola Tinubu unveiling an ambitious $2 billion National Climate Change Fund during the Abu Dhabi Sustainability Week summit on Tuesday, signaling the West African nation’s determination to drive its energy transition through innovative financing mechanisms and international partnerships. Speaking […]

The same Silicon Valley investors who transformed Anduril Industries into a $30.5 billion defense technology powerhouse are now placing significant bets on an entirely different kind of defense company—one founded by two entrepreneurs in their early twenties in Abuja, Nigeria, that designs and manufactures its autonomous systems on the African continent with predominantly African engineers. […]

As South African households grapple with the financial pressures that typically accompany the start of the year, Shoprite Group has announced a strategic partnership with PayJustNow to offer buy now, pay later (BNPL) payment options across its retail network. The move comes at a critical time when education costs, transport expenses, and routine living costs […]