News

Kenya has unveiled plans to establish a national sovereign wealth fund and an infrastructure investment fund, aiming to mobilise long-term...

The World Bank has announced the resumption of concessional financing to Uganda, pledging over $2 billion in new funding over...

The African Engineering and Technology Network (Afretec), led by Carnegie Mellon University Africa, has announced the allocation of $2.3 million...

Netflix is reportedly preparing to bid approximately $5.9 billion for the global broadcasting rights to the UEFA Champions League, starting...

Cameroonian fintech startup REasy has raised $1.8 million in pre-seed funding to streamline cross-border payments for small and medium-sized enterprises...

SpaceX's satellite internet service, Starlink, has announced a significant investment of nearly R2 billion (approximately $116 million USD) to expand...

OpenAI has launched a new app ecosystem within ChatGPT, introducing a platform that allows developers to build and integrate third-party...

Saudi Aramco has completed the acquisition of an additional 22.5% stake in its joint venture, Petro Rabigh, from Japan’s Sumitomo...

South Africa's National Treasury has garnered significant international attention for its $500 million foreign currency financing initiative, launched in July...

Pan-African logistics startup Logidoo has announced the acquisition of Kamtar, a leading Ivorian road freight platform, marking a significant step...

Chocolate City Group, one of Africa’s leading entertainment companies, has unveiled a $1 million Founders Fund aimed at supporting early-stage...

South African telematics innovator Ctrack Holdings has secured $23.4 million in equity funding to propel its global growth strategy. The...