Sola Group, a Cape Town-based renewables developer, has reportedly received approval from the NERSA (National Energy Regulator of South Africa) to con
Moderna to expand scope of Kenya facility beyond COVID-19 vaccines
Moderna Inc has reportedly planned to expand its USD 500 million vaccine facility in Kenya beyond making vaccines for COVID-19. This move comes fol
Nigerian Government enforces new tax on phone calls for backing healthcare
The government of Nigeria is reportedly set to impose a new tax on phone calls in the country to meet the rising needs of citizens who are more prone
Wingcopter & Continental Drones partner to deploy 12k drones in Africa
Wingcopter, a German aerospace company, has recently announced that it is entering into a partnership with Continental Drones designed to establish a
Japan to ramp up economic engagement with Africa
Speaking at the 8th TICAD (Tokyo International Conference on African Development), Japanese Foreign Minister, Yoshimasa Hayashi, reportedly stated tha
Rihanna’s Fenty Beauty and Skin set to launch in eight African nations
Singer Rihanna’s luxury beauty line, Fenty, is reportedly set to enter Africa as the brand tries to carve off a major chunk of the rapidly growi
Inflation rates may rise in Nigeria amid fuel scarcity & insecurity
The inflation rate of Nigeria, Africa’s most populated country, rose to around 16.8% in April, impelled by increased fuel prices and budding cos
Topship bags $2.5M from YC & Flexport to expand overseas shipping
Topship, a shipment company targeted toward African businesses, has recently raised $2.5 million in a seed funding round after concluding the recent Y
South Africa Covid-19 cases surge; two Omicron variants responsible
South Africa has recently witnessed a rapid growth in the number of new Covid-19 cases, which is supposedly driven by two sub-variants of Omicron.
Interswitch bags $110M from LeapFrog & Tana to scale digital payments
Interswitch, an Africa-based payment company, has recently secured a joint investment of $110 million from Tana Africa Capital and LeapFrog to expand
Heineken unites football fans by hosting UCL Trophy Tour in Africa
Heineken, the Dutch brewing company, has reportedly announced that it successfully staged its most extensive Trophy Tour in Africa yet. The move comes
MARA raises $23M to boost crypto economy participation among Africans
MARA, a cryptocurrency exchange firm based in sub-Saharan Africa, has reportedly announced that it has raised $23 million in equity as well as token s