The start-up will use the investment to grow its Nigeria and Ghana markets and will see further investment in technology and growing its teams.
Browsing: Africa
AFRAA’s secretary-general Abdérahmane Berthé said smaller airlines need to consolidate and share basic facilities while established airlines need to co-operate and code-share to avoid operating in the same routes.
The International Debt Statistics 2021 report by the World Bank shows that between 2009 and 2019, countries in the region increased external borrowing by nearly four times, from $19.9 billion to $73.8 billion.
Pacer Ventures has announced a $3M fund for early-stage African startups that are solving some of the most critical problems on the continent. The focus will…
The Spanish Canary Islands saw 1,275 migrants arrive from Africa on 42 wooden boats during the weekend, sea rescue authorities told dpa on Monday. The number…
According to Turaco, the fund will be used to fund the drive growth in its current locations of Kenya and Uganda and facilitate expansion into a third market by next year.
A new report called e-Conomy Africa 2020, released in South Africa by Google and the International Finance Corporation (IFC), estimates that Africa’s Internet economy has the…
The decision follows a careful evaluation of the impact and evolution of the COVID-19 global pandemic, the attendant risk of a possible second wave, and its associated effects on global travel, investments, as well as social distancing rules.
According to Ogundeyi, “We want to bank every African on the planet, wherever you are in the world.” It’s starting first in its home market: since launching in September 2019, it has picked up around 300,000 customers, first consumers and now also small businesses, and on average processes over $500 million of transactions each month.
At least 44,471 people have died from the virus across the continent, while nearly 1.5 million more have recovered, according to the data from the Africa Centers for Disease Control and Prevention