Category: Business

Rack Centre, West Africa’s Carrier Neutral Tier III Data Centre, and PwC, a professional services firm, have collaborated to explore ways to leverage the digital revolution in a second webinar series on Africa, named: ‘The Next Digital Frontier’, focusing on digital infrastructure

Trine, a Swedish impact investing platform, has reportedly announced that it has teamed up with pan-African energy leasing firm, Solarise Africa, to invest in five renewable energy projects across the African continent. According to reliable sources, the round of debt financing by Trine, which is t

Leading pan-African venture capital firm LoftyInc Capital recently announced the launch of its third fund, dubbed as LoftyInc Afropreneurs Fund 3, with plans to invest USD 10 million in African tech businesses that meet its criteria. It is to be noted that the firm completed its first USD 5.5 milli

The Government of Egypt has reportedly announced a collaborative effort with German energy behemoth, Siemens Energy, to build a robust green hydrogen sector in the country. According to reports, Siemens Energy would work with the Egyptian Electricity Holding Company (EEHC), the state power group, o

The South African subcontinent is known for its poor logistics, caused by potholed roads, aging equipment, frequent strikes, and shakedowns at military checkpoints. To counter this issue, the government is reportedly investing USD 6.55 billion towards the development of port systems through partial

Invest Africa, a prominent trade and investment platform for African markets, has introduced a novel program to support more than 500 micro, small and medium enterprises (MSMEs) based in Africa. Currently, MSMEs act as the support system for African economies and are responsible for nearly 70% of e

Ecow-Gas, a newly formed Netherlands-based infrastructure development firm, plans to build and operate several new LNG facilities in West Africa to enhance market penetration for the fuel in the region. Ecow-Gas is an affiliate of the Tema LNG Terminal Company (TLTC), which owns Ghana's soon-to

PureSoftware, a prominent software firm with expertise in 5G, fintech, and digital transformation, has reportedly opened its first office in Kenya, Africa. The company’s digital solutions and software products, Arttha5G and Arttha Fintech would reach more people across the continent through th

Woolworths, a prominent Australian retailer, is reportedly planning to open Near Field Communication (NFC)-enabled stores in South Africa. This will help the retailer to expand its digital purchasing capabilities by providing customers with a seamless omnichannel buying experience in its stores and