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Lidya raises $6.9 million in Omidyar Network investment fund
Lidya, the digital financial services platform focused on improving...
AfDB and Korea launch the Korea-Africa energy investment facility
The Government of Korea and the African Development Bank...
Korea announces $5-billion financial package for Africa
The Government of Korea and the African Development Bank...
World Leaders on Facebook reveals that Botswana Government has busiest page
Indian Prime Minister Narendra Modi is the most followed...
IDC officially opens new Emalahleni Office in Mpumalanga
The Industrial Development Corporation (IDC) has officially opened its...
Telecom Egypt secures $200 million Afreximbank financing for ICT infrastructure
The African Export-Import Bank (Afreximbank) will commit up to...
Ecsponent to invest ZAR400 million into venture capital company Capitis
Ecsponent Limited today, 23 May 2018, announced a transaction...
East African Banks dominate 2018 African Banker Awards
Winners of the 2018 African Banker Awards (AfricanBankerAwards.com) have...
Regional cooperation, structural reforms key to Africa’s economic transformation
Africa’s development agenda must focus on the socio-cultural and...
Facebook officially launches first hub facility in Africa
Facebook today, 22 May 2018, unveiled NG_Hub in Lagos,...

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Lidya raises $6.9 million in Omidyar Network investment fund

Wednesday, May 23rd, 2018

Lidya raises $6.9 million in Omidyar Network investment fund

Lidya, the digital financial services platform focused on improving access to credit for micro-, small-and medium-sized enterprises (MSMEs) in Africa, today announced that it has raised $6.9 million in a Series A investment round, one of the largest in Nigerian tech history. The funding was led by Omidyar Network, the Silicon Valley impact investment firm

World Leaders on Facebook reveals that Botswana Government has busiest page

Wednesday, May 23rd, 2018

World Leaders on Facebook reveals that Botswana Government has busiest page

Indian Prime Minister Narendra Modi is the most followed world leader on Facebook with 43.2 million followers on his personal page, almost twice as many as U.S. President Donald J. Trump who is in second place with...

IDC officially opens new Emalahleni Office in Mpumalanga

Wednesday, May 23rd, 2018

IDC officially opens new Emalahleni Office in Mpumalanga

The Industrial Development Corporation (IDC) has officially opened its new office in Emalahleni, Mpumalanga, today, 23 may 2018. The opening of the Emalahleni office is a strategic intervention that will enable the IDC to serve potential and...

Ecsponent to invest ZAR400 million into venture capital company Capitis

Wednesday, May 23rd, 2018

Ecsponent to invest ZAR400 million into venture capital company Capitis

Ecsponent Limited today, 23 May 2018, announced a transaction that will expand its capability to stimulate the growth of South Africa’s small and medium enterprises (SME) sector. It is proposing an investment of up to ZAR400 million...

Regional cooperation, structural reforms key to Africa’s economic transformation

Tuesday, May 22nd, 2018

Regional cooperation, structural reforms key to Africa’s economic transformation

Africa’s development agenda must focus on the socio-cultural and commercial interests of Africans and the upliftment of Africa’s trade and economic ecosystem, said Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central...

Janngo raises seed funding to shape digital ecosystems in Africa

Tuesday, May 22nd, 2018

Janngo raises seed funding to shape digital ecosystems in Africa

Janngo closes its first funding round, launches its Paris and Abidjan offices and unveils its strategy of building digital ecosystems in Africa during Paris Tech for Good Summit and Viva Technology. This €1 million seed funding will...

Nuclear is the cheapest of all energies

Monday, May 21st, 2018

Nuclear is the cheapest of all energies

South Africans were never informed properly that nuclear power is not as expensive as it is made out to be, a nuclear energy expert said Thursday. Nuclear energy expert Des Muller dismissed these and other concerns as...

Zesimdumise Ndwandwe Nxumalo

Monday, May 21st, 2018

Zesimdumise Ndwandwe Nxumalo

Zesimdumise Ndwandwe Nxumalo left Durban and moved to the big city of Johannesburg to pursue his dreams of becoming an Entrepreneur and Businessman. Nxumalo studied for a Bachelor Arts Degree at Witswatersrand University, with the intention of...

Siemens wins 2018 Digital Solutions of the Year award at Africa Utility Week

Thursday, May 17th, 2018

Siemens wins 2018 Digital Solutions of the Year award at Africa Utility Week

Siemens has won the Digital Solutions of the year award for its Siemens South Africa Head Quarters Micro Grid Project at the Africa Utility Week Industry Awards evening which took place in Cape Town last night. Why...

Pan-African Bank Ecobank wins Best Digital Strategy Award in London

Thursday, May 17th, 2018

Pan-African Bank Ecobank wins Best Digital Strategy Award in London

Ecobank won the Best Digital Strategy Award at the Retail Banker International’s awards ceremony held at the Waldorf Hilton Hotel in London last week. Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key...

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