Africa’s USD 1.19 Bn fund receives USD 26.5 Mn from Nigerian startups

Nigeria has been a popular location for venture capital in the recent past. The country added USD 26.5 million to Africa's USD 1.19 billion amasse

Fossil fuels must stay underground to tackle climate change: Scientists

Researchers have recently advised that about 90% of coal reserves and 60% of oil and gas reserves must be kept underground to keep global warming belo

Prospa bags $3.8M to offer banking & software services to small firms

Nigerian fintech startup Prospa has reportedly closed a $3.8 million pre-seed round with a strong determination to change the way micro-businesses are

African fintech Wave bags USD 200 million in a Series A funding round

Wave, an African company that specializes in providing mobile payment solutions has reportedly secured USD 200 million in a Series A funding round led

Autochek buys Cheki Kenya and Uganda to expand presence in East Africa

Autochek, a Nigeria-based automotive technology entity, has taken over Cheki Kenya and Uganda from ROAM (Ringier One Africa Media) for an anonymous su

Rack Centre, PwC to hold webinar for Africa’s digital transformation

Rack Centre, West Africa’s Carrier Neutral Tier III Data Centre, and PwC, a professional services firm, have collaborated to explore ways to lev

Medical groups warn against the use of Ivermectin to treat COVID-19

Prominent medical and pharmaceutical groups have reportedly warned against the use of Ivermectin to treat coronavirus patients. Ivermectin is a drug u

Trine and Solarise team up to finance five solar projects in Africa

Trine, a Swedish impact investing platform, has reportedly announced that it has teamed up with pan-African energy leasing firm, Solarise Africa, to i

Cholesterol-lowering Inclisiran to be administered to thousands on NHS

Inclisiran, a cholesterol-lowering drug could reportedly be offered to people on the NHS. The ‘game-changing’ drug is hoped to avert thous

LoftyInc Capital to invest USD 10 million in African tech startups

Leading pan-African venture capital firm LoftyInc Capital recently announced the launch of its third fund, dubbed as LoftyInc Afropreneurs Fund 3, wit

France teams up with African partners to supply 10Mn vaccines to Africa

The French government has formed an alliance with the African Union under which member states of the African Union will receive an extra 10 million do

South Africa detects a new, highly infectious COVID-19 variant: Report

A new and more infectious COVID-19 strain has been found in South Africa, according to a recent study conducted by the KwaZulu-Natal Research Innovati