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Saturday, April 27, 2024

Nigerian Fintech Startup Paystack Raises $1.3 Million

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Paystack, one of Nigeria's most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors. The investors...

Aliko Dangote forced to shut down his cement business in Tanzania

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Africa’s richest man Aliko Dangote has shut down his cement plant in Tanzania due to high energy costs and a technical glitch at the...

Dave Van Niekerk, The Man Championing FinTech In Africa

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South African-born Dave van Niekerk is the founder and CEO of MyBucks, a fast-growing African Fintech company that successfully delivers seamless financial services to...

Microsoft and Facebook team up to build underwater cable connecting U.S....

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Facebook and Microsoft on Thursday announced that they are teaming up to build a subsea cable across the Atlantic Ocean. In a blog post, Microsoft...

South African Billionaire Patrice Motsepe Invests In Fibre Provider

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African Rainbow Capital (ARC), a private investment vehicle controlled by South African mining billionaire Patrice Motsepe, has reportedly acquired an 18.4% stake in Metro...

SA Confidence suffers as Barclays prepares to exit

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Barclays Plc’s possible withdrawal from South Africa may turn out to be the economy’s biggest no-confidence vote at a time of financial-market turmoil and...

Read Full SA 2016 Budget Here

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This is the full Budget for 2016 as delivered by Finance Minister Pravin Gordhan on Wednesday, 24th February 2016. Honourable Speaker Mister President Mr Deputy President Cabinet...

MeQasa.com Of Ghana Raises $500,000 Investment To Become Zillow Of Africa

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MeQasa.com, one of Ghana’s leading online real estate classifieds businesses, has secured a $500,000 investment from Frontier Digital Ventures, a global VC firm headquartered...

The Future of SABMiller as Carlos Brito Prepares to Takeover

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In the future, staff at SABMiller are going to reflect on the pre-AB Inbev years as nice while they lasted. Hard core capitalism is...

Private Equity Firm KKR Plans To Invest $100 Million In Africa

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KKR & Co, one of the largest private equity firms in the world, plans to invest as much as $100 million in Africa within...

Africa: Jacob Flewelling to Spearhead Investment Dialogue at Angola Oil &...

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Jacob Flewelling to Spearhead Investment Dialogue at Angola Oil & Gas (AOG) 2024Africa Investment Advisor for Lusophone Africa and Pan-African Transaction at the U.S....

African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support...

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African Development Bank Executive Director and Sudanese Envoy Discuss Crucial Support Amid Ongoing ConflictThe meeting between Ambassador Abdelhamid and Mr. Darkortey signifies a collaborative...