Tech firm Ampersand opens new manufacturing facility in Nairobi
African electric vehicle (EV) technology company Ampersand has announced the opening of…
Yellow Card to expand operations with $33M funding
African cryptocurrency startup Yellow Card has closed its Series C funding round…
Shell to remain in Nigeria despite Onshore Divestment
Shell Petroleum Development Company (SPDC) has reiterated its commitment to Nigeria, despite…
Why digital mobile payment is booming in Africa
Mobile payments have been booming in Africa over the past few years,…
Untapped Business Opportunities in Africa’s Rising Green Energy Sector
With an abundance of sunlight and a growing need for sustainable energy…
SEC to ease crowdfunding rules for small firms
The Security and Exchange Commission (SEC) has announced plans to ease crowdfunding…
Djibouti to build major solar plant with Egyptian deal
Egypt and Djibouti have formalized an agreement to construct a 276.5-kilowatt solar…
Online retailer Jumia to exit South Africa and Tunisia
Africa-based online retailer Jumia Technologies will close South African online fashion retailer…
Kenyan small businesses threatened by costs and over-regulation
Kenyan business owners are facing a big challenge of operational costs and…
Naira among Africa’s Worst-Performing Currencies in 2024 – World Bank
According to the World Bank's Africa Pulse report, the Nigerian naira has…