Nigeria: Moghalu Headlines Africa Private Sector, AfCFTA Events in Egypt, Ghana

The newly appointed chairman of the Advisory and Executive Boards of the Africa Private Sector Summit (APSS) and a former deputy governor of the Central Bank of Nigeria, Professor Kingsley Moghalu, is billed to deliver the keynote address at the Joint African Continental Free Trade Agreement (AfCFTA) Private Sector Session. APSS is co-hosting an Ecosystem-based

Norrsken22 Surpasses Target with $205M Debut Africa Fund

Pan-African venture firm Norrsken22 has achieved the final close of its debut fund at $205 million, exceeding the original goal despite a funding slowdown. The Norrsken22 Africa Tech Growth Fund, aims to back startups in their critical growth stage across the continent. Launched in January 2022, Norrsken22 was founded by partners with extensive VC experience,

Nigeria missing as S/Africa, 4 others account for 90% of non-oil AGOA exports in 2022

Amid acute dollar shortages, Africa’s biggest economy is failing to tap the opportunities to boost its non-oil exports under the African Growth and Opportunity Act (AGOA) to earn the much-needed foreign exchange for its economy. South Africa, Kenya, Madagascar, Lesotho, and Ghana dominated the 2022 non-oil AGOA exports, accounting for 90 percent of the total

Decarbonising Nigeria is feasible with current power technologies

Meeting last week in Abuja and Lagos for the 2023 Energy Transition Forum, Nigeria’s leading energy experts have outlined the country’s roadmap to decarbonisation, and discussed what it will take to deliver universal access to clean energy for Nigerian households and businesses. Speaking in front of senior representatives of some of Nigeria’s most prominent private

Pan African VC, Norrsken22, Raises $205 Million in its Maiden Fund for Growth Stage Startups – BitcoinKE

Pan-African venture capital firm, Norrsken22, has announced the conclusion of its first fund’s fundraising with a total of $205 million. The fund will focus on growth-stage entrepreneurs developing: Fintech Edtech Healthtech across Africa. Norrsken22 intends to make investments in approximately 20 startups across the continent, with individual investment sizes ranging from $10 million to $16

British Council unleashes fashion accelerator programme Creative DNA at CANEX 2023

The British Council, a global leader in fostering international cultural and educational opportunities, is set to make a significant impact at the Creative Africa Nexus (CANEX) 2023, with the announcement of the expansion of its hugely successful fashion accelerator programme, Creative DNA, across Africa. The Creative DNA programme is specifically designed to support and uplift

WeWork South Africa Is Not Affected By WeWork Reorganisation

Following WeWork’s announcement to commence a strategic reorganisation process in the U.S. and Canada, WeWork South Africa confirms that it is not part of the North American process. “WeWork South Africa is 100% independently owned by SiSebenza, and operates independently from WeWork in the US and Canada,” say Andrew Robinson and Stefano Migliore, the owners of