Category : Africa

EU unveils digital platform to boost investment in Nigeria’s agribusiness

NigGalJuly 3, 2024July 3, 2024

The European Union (EU) has unveiled a digital platform to boost investment in Nigeria’s agribusiness sector. Ms Myriam Ferran, Deputy Director General, Directorate of International...

Africa

Amini closes $4m Seed Funding Round led by Salesforce Ventures and Female Founders Fund.

NigGalDecember 4, 2023December 4, 2023

Amini (https://Amini.AI), a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4 million in...

Africa

United States (U.S.) and African Development Bank Collaborate to Accelerate Africa’s Digital Transformation

NigGalNovember 28, 2023November 28, 2023

The U.S. Commercial Service and the African Development Bank (www.AfDB.org) have announced a new strategic collaboration in a move to drive digital transformation across Africa. Unveiled...

Africa

MultiChoice to air the prestigious Earthshot Prize Awards ceremony on screens across Africa

NigGalNovember 13, 2023November 13, 2023

Every year, The Earthshot Prize will find and reward solutions to five “Earthshot” goals – Protect and Restore Nature; Clean Our Air; Revive Our Oceans;...

Africa

29 African healthcare supply chain startups selected to receive funding from the Gates Foundation.

NigGalSeptember 18, 2023September 18, 2023

Investing in Innovation Africa (i3), a pan-African initiative for startups building the future of healthcare supply chains has announced its second cohort of 29 companies. Funded...

Africa

Futurize and AstraZeneca unveil FuturizeU: the first-of-its-kind healthcare incubator across Africa

NigGalSeptember 12, 2023September 12, 2023

Earlier today, Futurize and AstraZeneca (www.AstraZeneca.com) officially announced the launch of Futurize’s new pioneering HealthTech incubator program, FuturizeU. In collaboration with AstraZeneca, through the A.Catalyst Network, and co-funded by Bristol Myers Squibb,...

Africa

Africa- Unlocking Lucrative Partnerships: ITW Africa Offers Unprecedented Networking Opportunities to Meet Industry Leaders and Close Deals.

NigGalSeptember 5, 2023September 5, 2023

ITW Africa promises to be a game-changer in the realm of networking opportunities, providing a platform to connect with an array of industry leaders and...

Africa

AfDB commences agro-industrialisation programme

NigGalSeptember 5, 2023April 30, 2024

The African Development Bank has said that phase two of the Special Agro-Industrial Processing Zones will revolutionise agricultural practices and shift Nigeria from an agrarian...

Africa

African Development Bank enters new $1 billion exposure exchange with the Asian Development Bank to increase development lending capacity.

NigGalJuly 24, 2023July 24, 2023

Exposure exchanges between multilateral development banks involve a synthetic exchange of sovereign exposures. The Board of Directors of the African Development Bank (www.AfDB.org) has approved...

Africa

Dangote Emerges as Africa’s Wealthiest Individual for the 12th Year in a Row, According to Forbes Index.

NigGalJuly 12, 2023July 12, 2023

For the 12th consecutive year, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa. This is despite...

Africa

African and global institutional investors unite to pioneer historic infrastructure investment in Africa.

NigGalJuly 4, 2023July 4, 2023

Prominent African and Global institutional investors signed subscription agreements and letters of intent in preparation for the first close of the Africa50 (www.Africa50.com) Infrastructure Acceleration Fund (IAF...

Africa

African Development Bank, European Investment Bank, Islamic Development Bank and World Health Organization (WHO) launch new investment platform to strengthen primary health care services.

NigGalJune 30, 2023June 30, 2023

The Platform will make an initial €1.5 billion available to low- and low-and-middle income countries in concessional loans and grants to expand the reach and...

Africa

Cloudmania has won the 2023 Microsoft Partner of the Year Award in Côte d’Ivoire.

NigGalJune 30, 2023June 30, 2023

Cloudmania, an exclusive provider of cloud-based services partner programme in Africa, launched in 2021 by Liquid C2, has been awarded the Microsoft Partner of the...

Africa

The Mobile Film Festival Africa unveils its 2023 winners in Rabat.

NigGalJune 12, 2023June 12, 2023

The Mobile Film Festival Africa unveiled the winners of its 2023 edition at a prize ceremony held on Thursday June 8 at the Renaissance cinema...

Africa

African Development Bank approves $20 million investment in private equity fund targeting the infrastructure sector in Africa.

NigGalJune 2, 2023June 2, 2023

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund...

Africa

African Banker Awards 2023 winners announced.

NigGalMay 26, 2023May 26, 2023

Now in its 17th edition, the African Banker Awards celebrate the achievements of individuals and institutions that have contributed significantly to the growth and development...

Africa

Africa Data Centres and LINX form a partnership to explore digital growth in Africa.

NigGalMay 23, 2023May 23, 2023

Africa Data Centres (www.AfricaDataCentres.com)has formed a strategic partnership with LINX; The two leaders aim to explore growth opportunities on the continent; This partnership is one...

Africa

Afreximbank wins seven awards at the 2023 Bonds, Loans & ESG Capital Markets Africa Awards.

NigGalMay 7, 2023May 7, 2023

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) is delighted to announce its receipt of seven awards at the Bonds, Loans & ESG Capital Markets Africa Awards 2023...

Africa

AfDB Secures $525,000 Grant to Strengthen Fintechs in Africa

NigGalApril 28, 2023April 28, 2023

The African Development Bank (AfDB) has signed a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an...

Africa

Nigeria Tops as Africa Records over $6.5bn Venture Capital Investment, Sees Marginal Dip.

NigGalApril 24, 2023April 24, 2023

Nigeria still remained top in 2022, as venture capital investments in Africa dipped slightly to $6.5 billion, but avoided the sharp drop seen in most...

Africa Sports

First National Basketball Association (NBA) Academy Showcase Africa to be held April 6-9 in Senegal.

NigGalApril 6, 2023April 6, 2023

NBA Africa today announced the 71 high-school-age prospects from 26 countries who will participate in the first NBA Academy Showcase Africa at NBA Academy Africa...

Africa Press Releases

The Business Council for Africa (BCA) Announces Nominees for African Business Book of the Year.

NigGalApril 4, 2023April 3, 2023

The Business Council for Africa (BCA) (https://BCAfrica.org/) is proud to announce the nominees for the inaugural African Business Book of the Year award. The prize...

Africa Press Releases

Africa expects action – and funding – for climate justice.

NigGalApril 4, 2023April 3, 2023

With top scientists warning that Africa is paying an intolerable price for the impacts of climate change, it’s time for the rich world to honor...

Africa

AWIEF Opens Registration for the 2023 Africa Women Innovation and Entrepreneurship Forum Conference to be Held in Kigali, Rwanda.

NigGalMarch 27, 2023March 27, 2023

The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) has announced the opening of registration for its annual conference and awards. This year is the...

Africa

Flat6Labs Launches New US$95M Venture Capital Fund to Expand its Impact in Africa.

NigGalMarch 15, 2023March 15, 2023

The fund will invest in more than 160 early-stage startups over the next five years that operate in the technology sector in Africa. Flat6Labs (www.Flat6Labs.com),...

Africa

Africa Finance Corporation Wins DFI of the Year for Europe and Africa at the IJGlobal Awards.

NigGalMarch 15, 2023March 15, 2023

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has been awarded “DFI of the Year-Europe & Africa” at the 2022 IJGlobal Awards....

Africa

Orange launches €50,000 13th edition of the Orange Social Venture Prize in Africa and the Middle East (POESAM)

NigGalMarch 15, 2023March 15, 2023

The 13th Orange Social Venture Prize in Africa and the Middle East will open for submissions on Monday, March 13, 2023. Candidates from the 17...

Africa

Reckitt and HIEx launch WiNFUND: New fund mints NFT collection to accelerate Africa’s women-led start-ups.

NigGalMarch 15, 2023March 15, 2023

Multinational consumer goods company, Reckitt, has announced the public launch of its purely non-profit WiNFUND NFT Africa collection, a group of unique digital artworks that will...

Africa

Fintech revenue projected to hit $30 billion.

NigGalMarch 6, 2023March 6, 2023

Fintech revenue could hit $30 billion by 2025, a report by McKinsey & Company has said. It explained that as the fastest-growing start-up industry in...

Africa

Kevin Hart and United States Ambassador Visit Masibambane College in Orange Farm

NigGalFebruary 27, 2023February 27, 2023

They undertook an interactive tour of the school before Kevin Hart took to the stage to engage in conversation with some 2 000 school learners....

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