Prime Highlights: Startup Club ZA has launched Platform ZA, a free online hub designed to help tech startups access people, jobs, events, and resources in one place. The platform aims…
Prime Highlights MTN is shifting to a platform-led growth strategy by integrating fintech startups in payments, lending, and remittances directly into its services. The move strengthens MTN’s long-term vision to…
Prime Highlights South Africa has officially become a member of Afreximbank, securing an $8 billion financing package to support trade and industrial growth across Africa. The partnership strengthens South Africa’s role…
Prime Highlights The Africa Superyacht Working Group has been named a 2025 Headliner by Maritime Review Africa, reflecting its growing influence and positive impact on the maritime sector. The group…
Prime Highlights: The UAE announces a $6 billion investment plan to boost Africa’s tourism and hospitality sector. The investment is expected to create 70,000 new jobs and open opportunities for…
Prime Highlights Morocco has introduced a $7.8 billion plan to modernize public transport and advance clean mobility, aiming to cut emissions and improve travel in both urban and rural areas…
Prime Highlight Lesaka Technologies is set to acquire app-only bank Bank Zero, with the Competition Commission recommending approval without conditions. The acquisition is seen as transformative, integrating a trusted neobank into Lesaka’s fintech platform to enhance digital banking offerings. …
Prime Highlights: L’Oréal opens its first dedicated ‘shop-in-shop’ in Africa, introducing a premium beauty experience in Abuja. The store features luxury and dermatology brands, including La Roche-Posay, Vichy, and CeraVe, for the first…
Prime Highlight Google and Cassava Technologies collaborate to make AI more affordable and accessible in Africa, removing barriers like high data costs and limited access to advanced tools. The initiative…
Prime Highlights: South Africa pushes for climate finance reforms tailored to African development at COP30. Renewable energy is growing, with plans to double capacity, cut coal use, and attract $126.8…
Prime Highlight: Libya’s National Oil Corporation (NOC) and its subsidiary ACOGO announced a significant oil and gas discovery in the Ghadames Basin, signaling renewed foreign interest in the country’s energy…
Prime Highlights: Pepkor strengthens its retail footprint by acquiring 469 stores from Retailability for R1.7 billion, bringing its total store count across Southern Africa to over 1,000. The acquisition supports…
The Nigerian government has so far set aside N22.89 billion to 29 manufacturing businesses through the Bank of Industry (BOI) as part of the N75 billion Manufacturing Sector Intervention Fund,…
Manufacturing activity in Nigeria's economy, measured by the confidence of its manufacturers, fell in the third quarter of 2024, losing 1.7 points. The Manufacturers Association of Nigeria said aggregate Manufacturers…
The most prominent British lifestyle brands, Timothy Oulton, has finally marked its entry into the Nigerian market with the opening of its flagship gallery in Victoria Island, Lagos. This is…
The proposed Nigerian budget for 2025 at N47.9 trillion is the new high in nominal terms, while in dollar terms, it marks the lowest point since 2018, according to the…
South Africa's Pay-TV operator Multichoice Group has taken a write-off of N31.6 billion, about $21 million in deposits held with the recently liquidated Heritage Bank of Nigeria. The financial adjustment…
The first trade shipment of Nigeria’s hair products to Kenya, which is under the African Continental Free Trade Area (AfCFTA) came as a success for Nigeria. This was done by…
Nigeria's foreign reserves have risen to $40.2 billion, up from $38.4 billion in the previous month, said Central Bank of Nigeria Governor Olayemi Cardoso speaking at an investor meeting in…
The development finance institution for the UK government today announced that it has entered into a $25 million risk-sharing facility with Ecobank Sierra Leone. This deal-the facility is to step…
Winich Farms, a Nigerian Ag-tech start-up that streamlines the supply chain for agriculture produce into efficient movements, has raised $3 million in pre-series A funding. The capital will be used…
Deputy Senate Minority Leader, Dr. Lere Oyewumi, has called on women and youth of the Osun West Senatorial District to embrace entrepreneurship, which will afford them financial independence. Speaking on…
The Labadi Beach Hotel, the iconic five-star facility, demonstrated its commitment to excellence at its third consecutive victory as the best hospitality facility for 2023 at the CIMG awards. This…
The Federal Government of Nigeria has announced a significant 30% growth in the financial sector for the first half of 2024. This positive development was highlighted by Wale Edun, the…
During President Bola Tinubu’s official visit to Beijing, Nigeria and China signed several Memoranda of Understanding (MoUs) to enhance bilateral cooperation in various sectors. The agreements were finalized on Tuesday…
The International Monetary Fund (IMF) has forecasted that Nigeria’s Gross Domestic Product (GDP) could experience a significant increase to five percent, contingent upon a reduction in governance and business regulation…
On August 16th, 2024, the town of Naivasha, Kenya, hosted a major gathering of over 400 entrepreneurs and business leaders from Africa and beyond at the BNI Convention organized by…
TikTok Live selling has transformed the way users showcase and sell their products by allowing them to interact with potential buyers in real-time and complete transactions instantly during live sessions.…
Jason Quinn, the newly appointed CEO of Nedbank Group, expressed cautious optimism about South Africa's economic prospects in the latter half of 2024 and beyond, driven by the emergence of…
KoBold Metals is a startup which is backed up by billionaires Bill Gates and Jeff Bezos is bullish on the discovery potential of some of the most sought-after energy transition…
CarePay International has announced the appointment of Rita Okuthe to the Supervisory Board, highlighting the company’s commitment to incorporating Kenyan leadership and expertise in its strategic decisions. Additionally, Pieter Prickaerts,…
The Federal Government has announced plans to disburse N5 billion to empower at least 5,000 members of the National Youth Service Corps (NYSC) for entrepreneurial ventures upon completing their service…
The International Air Transport Association (IATA) has urged African governments to use the expanding aviation industry to boost economic and social development. Recently, IATA announced that African airlines are projected…