Roots secures $3Mn to digitalize insurance platform and expand to Europe

An Africa-based startup, Roots has announced raising $3 million in the seed financing tranche to fabricate the groundwork for the insurance economy gl

French firm Valneva wins EU approval to supply Covid-19 vaccines

French biotech company Valneva has reportedly announced that it has won an approval from European Commission for an Advance Purchase Agreement to supp

Veriforce buys ComplyWorks Africa, sets up operational hub for EMEA

Veriforce, a leading solution provider in the supply-chain risk and compliance management industry, has reportedly announced that it has acquired Comp

Standard Chartered announces menopause guidance for bank employees

To mark the World Menopause Day, Standard Chartered has initiated a brand-new guidance policy for the bank workers to ensure support to them during th

Omnibiz Africa introduces Buy Now Pay Later model in Nigeria

Omnibiz Africa has reportedly announced the launch of two new features for the Nigerian market in a recent event held in Lagos. The Business-to-Busine

Revital announces syringe production due to rising scarcity in Africa

Revital Healthcare Limited, a Kenyan origin medical supplies manufacturer has reportedly received funding of nearly Sh400 million from Bill & Meli

South Africa to receive $8.5Bn funding to end reliance on coal

As a part of the deal announced at the COP26 climate summit, South Africa, a major greenhouse gas emitter, is expected to receive USD 8.5 billion to e

World leaders pledge to eliminate deforestation by the year 2030

Leaders from across the globe have pledged to end deforestation by 2030. Reportedly, countries who have signed this pledge including Canada, the Democ

OOOOO and myFanPark team up to bring live shopping in South Africa

OOOOO Entertainment Commerce Limited, an Oxford and Shanghai based software solutions provider, has reportedly announced a new partnership with myFanP

Didi to expand in Africa; inDriver to compete with Uber & Bolt

Chinese transport behemoth, Didi Chuxing Technology Co. is growing its presence in the African continent, a move that would put pressure on other mark

The European Union says no to patent-free COVID jabs for Africa

At a summit in Africa overshadowed by the Sudan upheaval, EU members reportedly blocked mention of waiving COVID-19 vaccine patents to combat the pand

South Africa’s RecoMed raises $1.5 million in investment round

RecoMed, an online healthcare marketplace from South Africa, has reportedly announced that it has raised over $1.5 million in a financing round, led p