South Africa to receive $8.5Bn funding to end reliance on coal

As a part of the deal announced at the COP26 climate summit, South Africa, a major greenhouse gas emitter, is expected to receive USD 8.5 billion to e

Didi to expand in Africa; inDriver to compete with Uber & Bolt

Chinese transport behemoth, Didi Chuxing Technology Co. is growing its presence in the African continent, a move that would put pressure on other mark

South Africa’s RecoMed raises $1.5 million in investment round

RecoMed, an online healthcare marketplace from South Africa, has reportedly announced that it has raised over $1.5 million in a financing round, led p

WHO delivers essential life-saving health supplies to Sudan

The World Health Organization (WHO) has reportedly announced delivering essential health supplies and vital medicines from it’s Dubai logistic h

Nigerian fintech startup Brass secures funding of $1.7m for expansion

A Nigerian digital bank startup- Brass has announced receiving funds of $1.7million to cater to the banking needs of domestic entrepreneurs, traders a

African nations call for new climate fund tracker as donors fall short

The lead climate negotiator for Africa has reportedly stated that African countries are calling for a new mechanism to track funds from affluent natio

Uber pilots its ride-pooling service ‘Pool Chance’ in Africa

American ride-sharing firm, Uber is reportedly testing its new service called, Pool Chance, in Africa which will enable riders heading in the same dir

UK’s CDC Group & DP World plan to invest $1.72Bn in African ports

Emirati multinational logistics company, DP World and the UK government’s CDC Group have joined forces to expand African ports, with plans to in

Mono bags $15Mn in Series A funds to expand operations in Africa

African fintech startup, Mono has reportedly raised USD 15 million in a Series A funding round led by Tiger Global, making it the venture capital firm