Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa
It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 million, surpassing its initial target. This also highlights a keen interest from institutional investors in supporting African startups at an essential phase of their journey. Norrsken22, established
Mdundo.com Announces Aleph as Strategic Sales Partner in Africa
Aleph, an ecosystem of global digital experts and technology-driven solutions that connects thousands of advertisers with billions of consumers worldwide, and Mdundo.com, a leading audio platform with 26.6 million monthly users, is embarking on a strategic partnership in Nigeria, Ghana, South Africa and Tanzania. The partnership will allow Aleph to assume the role of an
Barclays doubles African private banking business via Credit Suisse referral agreement By Investing.com
© Reuters. Barclays Plc has seen a significant expansion in its African private banking business, doubling in size through the integration of ultra-wealthy clients from Credit Suisse via a referral agreement. This strategic move resulted in a 20-member team from Dubai, Zurich, and London joining Barclays’ African private banking division. The growth rate of the
Ghanaian deacon abducted in South Africa freed
A Ghanaian deacon, who was abducted during a church service in South Africa’s main city Johannesburg on Sunday, has been freed, Ghana’s high commissioner to South Africa has said. The deacon – named by Ghanaian media as Elder Emmanuel Cudjoe – was kidnapped when an armed gang stormed the Church of Pentecost, robbing the congregation
Africa Finance Corporation exits stake in Ghana’s Takoradi Port to Yilport Holding | The Guardian Nigeria News
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has exited its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to the global ports and container terminals operator Yilport Holding. This is testament to the Corporation’s ability to attract international 3rd party capital
Africa: Paris 2024 Olympic Qualifiers – Third Round of Qualifiers Fixtures Confirmed
South Africa, Cameroon and Nigeria are through to the next round of Paris 2024 Olympic Qualifiers after their impressive victories in their respective return legs. The journey to booking a place in Paris continues to be an exciting one in the Women’s football division of the qualifiers as all teams put their best foot forward
Prabhu: Nigeria’s Growing Technology Gives Opportunity For Banking Business
Amol Prabhu, is the Head, Africa Market/ Chief Executive Officer, Barclays, South Africa. In this interview with Abolaji Adebayo, explains the opportunity presented by the growing tech in Nigeria to aid advanced banking business in the country How do you rate the banking system in Nigeria and Africa, based on your experience? First of all,
Music Service Coy, Mdundo.com, Selects Aleph as Strategic Sales Partner in Africa – Tech | Business
Advertisements Aleph, an ecosystem of global digital experts and technology-driven solutions that connects thousands of advertisers with billions of consumers worldwide, and Mdundo.com, a leading audio platform with 26.6 million monthly users, is embarking on a strategic partnership in Nigeria, Ghana, South Africa and Tanzania. This partnership will allow Aleph to assume the role of
Paystack expands to Egypt, Rwanda and Côte d’Ivoire – Techpoint Africa
… Ghana, Kenya, Nigeria, South Africa Côte d’Ivoire, Egypt, and Rwanda. Paystack will start its expansion into these countries with a private beta …
Africa at a crossroads: geopolitics and power, the global tax justice roadmap
In that year, the largest economy in the continent, Nigeria, had a tax-to-GDP ratio of just 5.5%. Capital flight, a pathology of the African economy, …