Kenya’s startups secured $676mln funding in 2022

Kenyan startups received 91.4 billion shillings ($676 million) in funding from venture capital (VC) in 2022, African Private Equity and Venture Capital Association (AVCA) said in a new report. The country accounted for 13 percent of Africa’s $5.2 billion raised in venture capital last year. The country accounted for 102 deals out of the 786

Kyshi Launches Cross-Border Platform for African Online Merchants and Businesses

Kyshi, an African-focused fintech company, has launched a beta version of its platform, “Kyshi for Business,” to assist businesses in transacting across multiple countries, including the United Kingdom, the United States, Canada, China, and several African nations, including Nigeria, Ghana, Kenya, South Africa, and Senegal. The UK-based fintech firm, started in July 2020 by Ayo

Erica Nlewedim loses all her jewelries in South Africa

Nigerian actress and reality TV star, Erica Nlewedim, has taken to social media to lament after losing all her expensive jewelries in South Africa. The former Big Brother Naija housemate recently jetted out to the country to commence shooting for a movie as well as have a meet and greet with fans. Erica cried out

African Countries Are the Biggest Investors in Nigerian Banks, MTN, Airtel, Others. See List

Many African countries are significant investors in Nigeria’s banking, telecommunication, and other sectorsSouth Africa is touted as the most prominent African investor in Nigeria, spanning telecoms, banking, and others Nigeria has witnessed decreased Foreign Direct Investment in recent years A recent report has said that African countries have invested about N1.995 trillion in Nigerian companies

South Africa is open for tourism, says Consul-General

  South African Consul-General, Dr Bobby Moroe in Lagos, on Saturday, called on Nigerians to choose South Africa as their preferred tourist destination. Moroe made the call during South Africa Week, held in Lagos, to celebrate the country’s 29th anniversary of democratic rule as well as bilateral and diplomatic relations with Nigeria. According to the

NANTA, TOUGHA head to South Africa for inaugural ITTC May 4

What would be a watershed in African continent is on the horizon as members of the National Association of Travel Agencies (NANTA) and Tour Operators Union of Ghana (TOUGHA) are stage the first ever International Travel and Tourism Conference (ITTC) slated for South Africa on May 4, spanning May 7. The three days conference, which

Data costs in 5 African countries compared: Results may shock you

South Africa has some of the most expensive mobile data plans in the world. Here’s how South Africa compared to other African countries. South Africa has some of the most expensive mobile data plans in the world. According to the latest Worldwide mobile data pricing index, South Africa lies 136th out of 233 countries studied (with

Nigerian banks and Ghana’s sovereign debt crisis

The financial losses incurred by some Nigerian banks due to Ghana’s default in meeting its debt obligations underscores the significance of country risks faced by international lenders and, more importantly, the contributions of our financial institutions to the development of Africa. Many Nigerian banks have subsidiaries across Africa and with that, they have played significant

UPSA filmed whipping student permanently dismissed

– Advertisement – The University of Professional Studies, Accra (UPSA) student who was shown in a popular video spanking another student has been expelled. Mabel Teye-Nomo was captured on camera at the UPSA Hostel cursing at the much younger victim and hitting her with a cane earlier this month in a video that was shared