Foundation celebrates African youths at FALA Awards

Ten outstanding youth leaders from across Africa, who have made significant contributions in their communities, have been declared winners of the 2021 FALA Awards and rewarded by the Chris Oyakhilome Foundation International with a total sum of $125,000. The young Africans who are between the ages of 16-23 from Zambia, Morocco, Cameroon, Zimbabwe, Nigeria, South

Ghana’s Jetstream Africa receives $13 million to boost operations and technology

raised $13 million in equity and debt during its pre-Series A round.With this new investment, the company will be able to grow its business in new countries and keep improving its technology platform, which brings together all of the different logistics and financing providers in the African trade market. By 2025, the market for cross-border

Afreximbank payments system can lift foreign trade, PAPSS CEO Ogbalu says

Business payment times between Nigeria and Ghana can take anywhere up to seven and 14 days. Rather than transfer money, it has been faster to just get on a plane in Lagos with a suitcase full of cash and catch a plane to Accra…until now. The Pan African Payment and Settlement System (PAPSS) can end

Ghana’s Logistics Startup Jetstream Raises USD 13 Mn Pre-Series A

Ghana’s Logistics Startup Jetstream Raises USD 13 Mn Pre-Series A Ghana-based Jetstream Africa, an e-logistics platform for Africa’s exporters and importers, has raised USD 13 Mn in a combination of debt and equity financing to help it expand. New investors included French development institution Proparco through the Digital Africa Bridge Fund, ASC VC, Octerra, Cauris,

Why African Fintechs will continue to trend

The African Financial Technology (Fintech) ecosystem continues to expand despite global economic challenges. As an investment segment, the Fintech industry made up more than 25 percent of all venture capital rounds in the last few years, with South Africa joining other regional leaders such as Egypt, Nigeria and Kenya. Out of the nine notable tech

Apple Music hosts first Africa Now event on the African continent in Ghana

Dadaboy Ehiz (Africa Now Radio host) and Dotty (Apple Music 1 host and Lead Cultural Curator, Black Music, UK) were also in Accra to celebrate. “Our first time in Ghana was unforgettable–an event unlike any other in Accra. This is an event that can really become an annual staple in the black music calendar,” Dotty

PREMIUM TIMES names Oladeinde Olawoyin Business Editor

The management of PREMIUM TIMES, Nigeria’s foremost investigative news outfit, has announced the appointment of Olawoyin Oladeinde as the Business and Economy Editor of the newspaper. Mr Olawoyin succeeds Ini Ekott, a pioneer member of staff, who exited the organisation at the end of 2022, after 11 years of meritorious service. “Oladeinde is an exceptional

Iran opens 8 trade centers in Africa

TEHRAN – Aiming to develop trade with Africa, Iran has opened eight trade centers in the countries of the continent, IRNA reported on Tuesday, quoting a senior official with Iran’s Trade Promotion Organization (TPO) as saying. “A network of eight business centers have been activated across Africa to provide a wide range of services to

Export to Africa reaches $1.094b

TEHRAN – Iran exported 2.209 million tons of non-oil products valued at $1,093,875,996 to the African countries during the period from the beginning of the current Iranian calendar year (March 21, 2022) up to December 31, the vice president of Iran and Africa Merchants Club Ruhollah Latifi said. According to Latifi, Iran and Africa traded