Kenyan logistics startup Sendy cuts 10% of its workforce – TechCrunch
Kenyan logistics startup Sendy has laid off 10% of its 300-strong workforce, or 30 employees, according to pan-African news publication TechCabal. This is the latest public layoff news from Africa over the past couple of months after Swvl, Vezeeta and Wave trimmed their staff sizes to reduce costs amid a series of global downturn and venture
Baby and father confirmed as Ghana’s first Marburg deaths
A baby has died of Marburg in Ghana as health authorities clarify the figures of those killed by the virus that is from the same family as Ebola. (BBC) This brings to two the total number of people who have died in Ghana in the current outbreak. The 14-month-old’s father was the first person to
Why Africa’s crypto wave attracts funding
The fundraising boom in Africa’s crypto space shows no sign of abating. Venture Capital flows into crypto ventures in the first half of this year surpassed the total for all of last year – $127-million – reports show. In the first quarter of this year alone, $91-million was raised, with this fundraising streak spilling over
Commonwealth Games: Abeiku Jackson misses out on 100m butterfly final – Modern Ghana
South Africa, Nigeria, Uganda, Tanzania, Namibia, Mauritius, and Kenya have all won medals. Ghana won only one medal (bronze) at the previous edition, …
Sendy lays off 10% of its staff
Sendy, a Kenyan logistics company, laid off 10% of its workforce last month, according to a statement the company shared with TechCabal. The company’s spokesperson told TechCabal that 10% of the company’s 300 staff members were relieved of their duties. The company’s co-founder and CEO Mesh Alloys said in the statement that this move is
‘Nigeria and Ghana media need collaboration to boost West Africa’s economy’
Sustained collaboration between the media in Nigeria and Ghana that could ensure that each focuses more on the positives in the other country would be the game-changer in the quest to fast-track West Africa’s economic integration, United States-based Ghanaian media entrepreneur, Charles Nimmo Ntiamoah-Mensah told MARTIN-LUTHER C. KING in Accra. He also said a similar
Ghana: Gateway to West African markets
The Sunday Mail Trade FocusAllan Majuru The African Continental Free Trade Area (AfCFTA), which became operational last year, is expected to improve Zimbabwe’s access to markets on the continent. The trade agreement undoubtedly dovetails with President Mnangagwa’s economic diplomacy agenda, which is being implemented by the Ministry of Foreign Affairs and International Trade. The policy
Ghana To Face Rivals Nigeria In 2023 CHAN Qualifiers
The home-based Super Eagles of Nigeria will take on rivals Black Galaxies of Ghana in the final qualification round for the 2023 African Nations Championship (CHAN), Completesports.com reports. Ghana defeated Benin Republic 1-0 on Saturday at Cotonou’s Stade de l’Amitié to qualify 4-0 on aggregate after winning the first leg 3-0 in Cape Coast last
CHAN 2023: Nigeria, Ghana battle for place in Algeria
Perennial rivals, Nigeria and Ghana will battle for a place in the 2023 Africa Nations Championship (CHAN). The Black Galaxies of Ghana defeated the Squirrels of Benin Republic 4-0 aggregate to book a date with the home-based Super Eagles. Ghana won the first leg 3-0 in Cape Coast and beat the Squirrels 1-0 in the
IFC Grants $9.4bn Financing To Africa In 1yr
The International Finance Corporation (IFC) has provided record financing in Africa over the 2022 fiscal year, making $9.4 billion in investments between 1 July 2021 and 30 June 2022 across 36 countries, the largest ever annual commitment for the continent. The funding has reportedly helped to develop regional pharmaceutical manufacturing, increase intra-Africa trade, expand access