South Africa's state utility Eskom seeks $10B to shift to renewables

South African public power utility, Eskom, has reportedly put forth a plan valued $10 billion in front of the global lenders. As a part of this plan, the largest greenhouse gas emitter in Africa, would shut most of its coal-fired plants by 2050 and shift to renewable

South Africa to build stringent regulatory framework for crypto assets

Amid the increasing scams pertaining to digital currency, South Africa is reportedly moving with high urgency to solidify the supervision of cryptocurrency assets.

Kuben Naidoo, CEO of Prudential Authority, South Africa's banki

SNEL inks a deal to install 200 MW solar fields in Congo's copper belt

Societe Nationale dElectricite (SNEL), the national electricity company of the Democratic Republic of Congo, has reportedly signed two purchase agreements for a total 200-megawatt solar power with a local unit of Financing Access Congo.

Gabon to be first African nation to be paid to protect its rainforests

Gabon has reportedly become the first country in Africa to get paid to reduce carbon emissions by protecting its rainforest. As per reliable sources, the UN-supported Central African Forest Initiative (CAFI) has extended the first $17 million-tranche to the country as

Mysterious diamonds unearthed in South Africa revealed to be Quartz

Unidentified gemstones in South Africa that had compelled thousands of fortune seekers to travel to a remote village to mine the land with shovels and picks were found to be low-value quartz crystals and not diamonds, according to officials.

Kenyan foodtech startup Kune raises USD 1 million for meal service

Kune, a Kenya-based startup, has reportedly raised USD 1 million in pre-seed funding to unveil its ready-to-eat food meal service starting August. Launch Africa Ventures, a VC firm capturing the Africa market, initiated the pre-seed round. While Consonance and Century

G7 partners pledge over $80 billion towards Africa’s private sector

G7 countries and multilateral partners have reportedly pledged an $80 billion investment in the private sector of the African continent. This investment would supposedly roll out over the coming five years.

Through this commitment,

Africa Roundtable shifts focus on improve Europe-Africa relations

The Africa Roundtable forum, held in Berlin, brought together the who’s who of business, politics, and civil society, who reportedly met to chart out new ways for Africa and Europe to work together. Experts hint at a need to change the course and focus on creati

CCBA partners with Flintfox & Microsoft to boost digital transformation

Coca-Cola Beverages Africa (CCBA) has reportedly announced a partnership with Flintfox- the pricing and rebate management specialists and Microsoft to advance its technology. The initiative falls under the ongoing project to support digital transformation across its b