Africa: Global Gateway, studying the production of clean fuel for aviation in 11 countries

0 The European Union (EU) is exploring Africa to support clean fuel projects under its Global Gateway infrastructure fund. An EU official said this, ahead of an expected boom in demand for environmentally sustainable air travel. “As part of the Global Gateway, the Commission is currently examining possible co-financing mechanisms and guarantee instruments”, said Stefan

MTN Nigeria signs agreement with Seplat Energy to rollout 5G

MTN Nigeria has signed a 5G2Business Memorandum of Understanding (MoU) with Seplat Energy to deploy 5G services to facilitate business optimisation. The 5G2Business MoU attests to unprecedented advancements in MTN’s commitment to digital transformation in businesses. 5G will enable businesses to unlock new efficiencies, automate processes, optimise operations, and propel innovation and productivity to new

Anglo sees another fall in revenues for De Beers diamonds

Anglo American has announced another large fall in diamond revenues from the latest sales cycle at subsidiary De Beers, saying that buyers were being “prudent” because of the macro environment. The company said its seventh sales cycle of 2023, between 14 and 29 August, generated just US$370 million in sales. That’s down from US$411 million and

Ghana government announces successful USD-denominated bonds exchange

The Ministry of Finance disclosed that approximately 92% of eligible bondholders had tendered their Eligible Bonds, as determined by the Central Securities Depository. This high participation rate demonstrated the strong response to the government’s Invitation to Exchange. The government expressed its satisfaction with the results, stating that it was a substantial achievement in line with

Nyege Nyege: Challenging convention and unlocking opportunities

Since its inception in 2015, Nyege Nyege has not only provided a platform for East African underground artists but featured eclectic line-ups of top African acts such as Sho Madjozi (South Africa), Jagwa Music (Tanzania) Etran de L’Aïr (Niger) and Orchestre Les Mangelepa (Kenya), among many others. As the organisers gear up for the 2023 edition in

Uganda to help over 12,000 farmers 

Përshëndetje, AI-driven policy tracking platform, Plural, has announced its entry into Nigeria and South Africa to provide access to public policy data. Plural’s public policy data enables users to track and influence policy changes essential for accelerating economic growth and making sound business decisions. Plural began collaborating with the Nigerian social networking service AfriLabs in

Nigeria’s tech sector is growing, but attracting less funding

Nigeria’s startup culture has made it an African tech giant over the last decade. Year after year, it has been the top destination for startup funding in Africa. But this year is different. In the first half of 2023, it ranked fifth for funding volume, behind Kenya, Egypt, South Africa and Rwanda. It’s the first

$50k Equity for Early-stage Startups in MEST Africa Challenge

Advertisements In bid to foster innovation and entrepreneurship across the African continent, MEST Africa has joined hands with Absa Bank to launch applications for the highly anticipated MEST Africa Challenge Startup Pitch Competition. Early-stage technology startups operating in Ghana, Nigeria, Senegal, Kenya, and South Africa stand a chance to participate in the competition, showcasing innovative