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

Russia-Ukraine could result in food crisis in distant Africa

The war between Russia and Ukraine has adversely affected economies across the world. United Nations has issued a warning stating that the hike in

Myovant Sciences, Accord Healthcare to commercialise ORGOVYX® in Europe

The exclusive licence agreement will provide Myovant with upfront payment worth $50Mn and makes it eligible for a total $90.5Mn funding for commercial

Lack of clean cooking energy could cost $2.4T annually to Nigeria, others

Nigeria and the other countries of the world are now facing the urgent requirement to implement clean cooking solutions or render a loss of around $2.

Clean energy transition will generate $27Trn prospects in Africa: IEA

African countries like Nigeria are reportedly facing an urgent need to take action on the shift towards cleaner energy, which could potentially offer

Sanlam, Allianz team up to launch joint operations in African nations

Sanlam, Africa's biggest non-banking financial services provider, and Allianz, a renowned asset manager and insurer based in Germany, have reporte

Unprecedented heatwave in India & Pakistan risk millions of lives

Temperatures in parts of Pakistan and India have reportedly hit record highs, as the consequences of the climate crisis extends across the subcontinen