S Africa: Court suspends construction of Amazon’s HQ in Cape Town

The Western Cape High Court in South Africa has reportedly suspended the construction of a new business park in Cape Town, that would have housed Amazon’s African headquarters, after a challenge by the First Nations Indigenous groups. The Indigenous groups, whose ancestors have been acknowled

Nigerian startup Simplifyd raises $500k to boost free internet access

Nigeria based startup Simplifyd, has reportedly raised USD 500,000 in a pre-seed funding round in order to become the first choice for data-free access to the internet pan Africa. The firm has also introduced its toll-free application platform- ZeroData. Simplifyd, started by Mayowa Amao, Tomi Amao

Google launches fast connectivity cable in Togo; ensures high internet speed

Equiano cable will double the internet speed for 8 million residents of Togo Google-owned subsea, Equiano, that claims to boost the internet speed for millions across the African continent, has now arrived in Togo. The company claims that this is the recent step by the firm in a multi-year project

Standard Bank sets a $20Bn renewable projects funding target for 2026

The South African financial service provider is on a mission to achieve net zero carbon emissions across its own operations by 2040. It has also set a similar goal of attaining net zero carbon emissions from its financed emissions portfolio by 2050. The bank has pledged to reduce exposure to gas

Flourish Africa announces Google, Eloh Consulting, and PwC as training allies

Flourish Africa, a women empowerment Non-Governmental Organization, has taken a major step to promote the entrepreneurial activities for the female-run businesses across Africa and supporting them to achieve their full potential. The NGO, founded by Nigerian philanthropist and businesswoman, Apostl

United Airlines & Certified Africa to launch African travel packages in US

United Airlines has reportedly teamed up with Certified Africa to offer convenient options for the traveler’s looking forward to visiting Africa or exploring the African heritage.   As per credible sources, the customized travel experience package is inclusive of airport pickup/drop off,

Microsoft unveils new initiatives to help 10K African start-ups grow

Microsoft Corporation, the renowned American technological company, has reportedly unveiled a set of new initiatives designed to expedite the expansion of over 10,000 startups based in Africa and accelerate investment in Africa's startup ecosystem within the coming five years. According to repo

South Africa’s Massmart aims at $613 Mn sales post annual loss

Massmart Holdings turn focus on investments in core high-return business South African retail company Massmart Holdings is contemplating an additional sale to generate $613 million over the next five years by expanding stores. The firm, majorly owned by Walmart Inc, announced its sales expansion

Africa’s airlines to lose around $4.9B in revenues due to Covid-19

As the aviation industry attempts to recover from COVID-19 disruptions, an African airline trade association has reportedly predicted that the carriers based in Africa may lose over US$4.9 billion in sales this year. According to the African Airlines Association (AFRAA), the capacity of airlines ba