Kenya overtakes Nigeria in value of startup funding
Tuesday, August 29th, 2023 08:20 | By Kenya overtakes Nigeria in value of startup funding PHOTO/Courtesy CAPITAL: Kenyan startups surged ahead of their Nigerian counterparts, capturing the limelight with an impressive $520 million (Sh46.46 billion) in startup equity capital in the first half of 2023. Egypt closely follows with $510 million, while South Africa and
Top 10 African countries with the highest GDP per capita
GDP per capita is a calculation that divides a country’s total economic output, or GDP, by its population. The resulting figure offers an approximation of the average economic output per individual in the country. This measure enables a more comprehensive evaluation of economic performance beyond the overall GDP, as it accounts for population size. GDP
WEG partnership with Panaco strengthens presence and boosts growth in the DRC
The strengthened presence of WEG in the Democratic Republic of Congo (DRC) through its strategic alliance with Panaco, its Value-Added Reseller (VAR), has proven to be highly successful. Thierry Kakese, WEG’s Regional Manager – Central Africa, attributes this success to the alignment of business models between the two companies. “As a major player, WEG has
Kenyan singers Nadia Mukami & Janet Otieno nominated for Kigali TRACE Awards
Slated for October 21, 2023 at the BK Arena in Kigali, Rwanda, the TRACE Awards and Festival will spotlight and appreciate the rich tapestry of African and Afro-inspired music and culture worldwide. With 22 awards up for grabs, the nominations showcase an impressive lineup of platinum-selling artists hailing from over 30 countries across Africa, South
Bridging Fashion and Technology: TECNO CAMON 20 DOODLE Headlines Ghana Menswear Week 2023
PAY ATTENTION: Be the first to follow YEN.com.gh on Threads! Click here! TECNO CAMON 20 DOODLE Headlines Ghana Menswear Week 2023Source: UGC On the evening of August 27, 2023, the World Trade Centre in Accra, Ghana was abuzz with excitement, and a burst of glamour. In a monumental collision of style and innovation, TECNO CAMON
Beauty hotspots: African brands are taking ancient ingredients global
This is the fourth in our Global Beauty Hotspots series, unpacking the regional beauty market around the world, including Latin America, Australia, Scandinavia, Africa and East Asia. This article is part of our Vogue Business membership package. To enjoy unlimited access to our weekly Beauty Edit newsletter, which contains Member-only reporting and analysis, the Beauty
Ghana: Who’s who in Akufo-Addo’s anti-terrorism network?
From a chartered accountant to researchers and lawyers, Ghana’s President Nana Akufo-Addo surrounds himself with unassuming personalities to protect the territorial integrity of the West African country. There’s more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries,
Letshego MFB’s profits decline on Naira and Cedi devaluation
Letshego has reported a P14 million (~$1.04 million) loss caused by currency depreciation, mainly in Nigeria and Ghana. This translated to a 7% slump in its profit before tax for H1 2023. Pan-African microfinance bank Letshego has said that the devaluation of the Nigerian naira and the Ghanaian cedi caused a 7% decline in the
Ghanaians ranked second after Nigeria among women with high beauty standards in Africa
Both Ghana and Uganda scored 68% as they were closely followed by Kenyans and South Africa, both registering a score of 66%.
Coca-Cola Beverages Africa (CCBA) Graduate in Training Program 2023 for young Ugandan graduates.
Application Deadline: September 5, 2023 Coca-Cola Beverages Africa (CCBA) is the largest African Coca-Cola bottler, accounting for 40% of all Coca-Cola volumes on the continent. CCBA has an extensive footprint in Africa, employing over 17 000 employees, serving a combined population of over 300 million people across the continent. The CCBA vision is to refresh