Category: Business

The funding will cater to 57 projects that underline fighting desertification, deforestation, and nature-centric measures to limit climate change vulnerability. The European Union (EU) has announced its commitment to financially back the agricultural unit in Nigeria, helping the African nation t

Egypt’s Minister of International Cooperation Rania Al-Mashat and Executive Director and Head of Sustainable Finance at the IIF (Institute of International Finance) Sonja Gibbs reportedly held talks for bilateral cooperation on COP 27. During the discussion, Al-Mashat outlooked the country&

Qatar Airways and Airlink have reportedly penned a full-scale codeshare agreement to offer travelers improved services and connectivity between 45 destinations across 13 nations. The new codeshare deal enables travelers to simply purchase tickets for connecting flights on both airlines through on

Lagos-based tech startup Thepeer, which offers digital payment solutions for fintech businesses, has reportedly raised over $2.1 million in its seed round led by Raba Partnership, a South African venture capital firm. The seed round also saw participation from investors such as Timon Capital, Mus

Anthorad Nigeria has recently revealed a new Coolbox technology in collaboration with the International Finance Corporation for meat retailers and other fragile commodities sellers in the Lagos state. During the product launch in the Ode-Eran meat market in the Igando zone of Lagos State, Adegboy

Beyooot, an Egypt based startup has announced its proper functioning in Egypt, becoming the first e-commerce platform specializing in office and home furniture based on the Augmented Reality (AR) technology with a capital of USD 266,541 (EGP 5 million). As per reports, the startup aims to offer f

MFS Africa, which operates the largest digital payments network in Africa, has reportedly raised an additional funding of $100 million in equity and debt, doubling its Series C round over to $200 million. While new investors such as AXA Investment Managers and Vitruvian Partners took part in the

The ICRC (Infrastructure Concession Regulatory Commission) has recently confirmed that Nigeria is all set to start the domestic production of uniforms for its paramilitary and military people from January next year. According to sources, ICRC confirmed that Nigeria is set to start with the local

On 8 June, the American space transportation and aerospace producer- SpaceX- reportedly launched Egypt’s Nilesat 301 telecommunications satellite into the space from the Cape Canaveral Space Force Station established in Florida. Speculations have it that the new satellite may replace the Ni