African company introduces first lab-grown meat in South Africa

Laboratory-cultivated meat has been reportedly produced for the first time by a South African company, Mzansi Meat Company. Supposedly, barbecue of me

Digital payments firm MFS Africa closes $200 million Series C round

MFS Africa, which operates the largest digital payments network in Africa, has reportedly raised an additional funding of $100 million in equity and d

Nigeria to commence local production of military, paramilitary kits

The ICRC (Infrastructure Concession Regulatory Commission) has recently confirmed that Nigeria is all set to start the domestic production of uniforms

World Bank boosts primary healthcare in Ghana with $300Mn IDA support

The World Bank has reportedly announced IDA support worth $300 million for the Public Financial Management (PFM) encompassing $150 million for Service

Egypt expands media presence in African continent with new satellite

On 8 June, the American space transportation and aerospace producer- SpaceX- reportedly launched Egypt’s Nilesat 301 telecommunications satellit

Cleaner Seas Group begins funding round to tackle ocean microplastics

Green technology firm Cleaner Seas Group has reportedly launched a major investment round that will help combat the increasing issue of microplastics

Universal Music expands Virgin Music Label & Artist Services to Africa

Dutch-American record label, Universal Music Group (UMG), has reportedly launched its Virgin Music Label & Artist Services in Africa, which will f

Egypt pursues health cooperation with Zambia and South Sudan

The meeting emphasized on discussing methods of cooperation to revamp health systems and back the health sector. Egypt’s Acting Minister of

USD 15.6Bn highway could benefit 40Mn West Africans: Fashola

Nigeria’s Minister of Housing and Works, Mr. Babatunde Fashola has announced that the completion of Abidjan-Lagos, a 1028-kilometre highway will

Egypt to provide 30Mn doses of anti-COVID-19 vaccines to African states

Egypt President, Abdel Fatah al-Sisi has recently declared that Egypt will provide the fellow African states with 30 million doses of anti-coronavirus

AkzoNobel to take over paints & coatings ops of Kansai in Africa

AkzoNobel, a Dutch chemical company, plans to reinforce its footprint in Africa by reaching an agreement with Kansai Paint, a Japanese, Osaka-based ch

UK considers guaranteeing South Africa $1bn for green energy switch

The UK is reportedly contemplating guaranteeing at least $1 billion of South Africa’s debt as part of a deal intended to reduce the country&rsqu