Startup raises $435,000 in 3 days. “We rapidly raised a significant amount of capital with key investors. It proves the market’s confidence in our solution and strategy,” said Mamadou Niane, Afrimalin’s co-founder and Chief Operating Officer.
Oakbay CEO resigns. Nazeem Howa stepped down as chief executive officer of Oakbay Investments, a Johannesburg-based holding company owned by the Gupta family, citing health reasons.
Empowering girls by teaching them how to code. Theirworld a global children’s charity and Oando Foundation have partnered to empower vulnerable Nigerian girls and young women by giving them a unique opportunity to learn important technology skills in a safe environment through an innovative pilot project – Code Clubs.
Choosing between cocoa and the forest. The world’s biggest cocoa grower is wiping out its rainforests.
Boosting real estate markets in Africa. Why local investors are bypassing local opportunities.
Powering Kenya with nuclear energy. Access to energy remains to be one of the most pressing development challenges in Kenya. Thus, for Kenya’s Social and economic development in the 21st century, it is therefore imperative for the country to have access to affordable, reliable, clean and sustainable energy source.
No one wants the Zimbabwean dollar to return. Zimbabwe’s tentative return to its own currency is getting a hostile reception from citizens, who fear a recurrence of the 500 billion percent inflation that plagued the southern African nation before it abandoned its dollar seven years ago.
MTN’s troubles in Nigeria not over yet. MTN Group Ltd. shares slumped to a six-year low after a Nigerian senator claimed the wireless carrier may have illegally moved more than the previously estimated $14 billion out of the country, citing early findings from an investigation into the allegation.
Nigeria looks to Islamic funding to save its economy. Nigeria is in talks with the investment arm of Saudi Arabia-based Islamic Development Bank about issuing the country’s first sukuk as the West African nation looks to diversify its sources of funding.
Done with this bias court! South Africa served notice of its intention to withdraw from the International Criminal Court in a year’s time, after accusing the Hague-based tribunal of bias and unfairly targeting African leaders.