Meet the 25 African startups supported by Google for Startups Black Founders Fund.

Nigeria, a tech powerhouse, leads the way with 10 remarkable startups making their mark. These Nigerian entrepreneurs are tackling challenges in sectors like healthcare, fintech, and logistics, shaping Africa’s digital economy. HealthDart, Evolve Credit, and Periculum are just a few examples of Nigerian startups set to make a significant impact. Kenya, known for its tech-savvy

Google’s Black Founders Fund Unveils the 25 African Startups to Receive Grants

Google for Startups (GfS) has unveiled the 25 African startups selected for the Black Founders Fund. In its third consecutive year, the Black Founders Fund, with $4 million in funding is dedicated to rectifying systemic racial inequality in venture capital (VC) funding by providing equity-free grants and mentoring to early-stage, high-growth Black-led businesses across Europe

Nigeria: $60bn Afreximbank Asset Base – More Funding for Nigeria, Others

Funding for projects in Nigeria and other African countries is expected to increase as the African Export-Import Bank (Afreximbank) plans to double its total assets to $60 billion in less than six years. This comes after it took the Bank 30 years to reach $30 billion in total assets and guarantee. President and chairman of

Ghana’s economy grew 4.2% in Q1 of 2023

Ghana’s economy grew 4.2% year-on-year in the first quarter of 2023, compared with a growth rate of 3.7% in the previous quarter, the country’s statistics agency said on Wednesday. Gold-, oil- and cocoa-producing Ghana is battling its worst economic crisis in a generation brought on by spiralling public debt. Street protests over rising prices last

ECOWAS urges collaboration to deal with security threats in West Africa

Ms Damtien L. Tchintchibidja, the Vice President of Economic Community of West African State (ECOWAS), has called for effective collaboration to deal with the security threats in the West African sub-region.  She said fostering effective collaboration and cooperation were key components which played a crucial role in promoting peace and security in the sub-region. “It

The online betting industry in Africa: Revenue predictions for 2024

In this article, the current situation of the online betting market in Africa, as well as its development and effects on Africa’s economy, will be explored. The current landscape A substantial segment of the African public has easy access to online betting because of internet accessibility. Online betting is undoubtedly a popular entertainment form for

Africa: world’s greatest potential for floating photovoltaics

43 Africa has the world‘s largest potential for solar energy production through floating photovoltaic parks. This was revealed by a report published by the German solar industry association (Bundesverband Solarwirtschaft), which represents the entire solar sector in Germany. Entitled “Solarize Africa market report 2023”, the report recalls that floating solar (or floating photovoltaic) consists of