Nigeria's Energy Crisis: Top 5 Sources Revealed
Nigeria's energy crisis deepens, with 175 million lacking clean cooking energy, and fuel prices soaring, what are the top 5 energy sources used?
Africa
Pick n Pay Exits Nigeria Amidst Restructuring Efforts
South African retailer Pick n Pay exits Nigeria, sells 51% stake in joint venture, citing profitability challenges.
Saudi Arabia Raises $1.1B for African Refugees
Saudi Arabia's KSrelief raises $1.1B to support refugees in 5 African countries, addressing food insecurity and displacement
Africa's Coup Epidemic: A Threat to Startup Ecosystems
African countries have seen a surge in coup plots, with 214 attempts since 1950, posing a threat to startup ecosystems and economic growth.
Moniepoint Hits $1B Valuation with $110M Funding
Nigerian fintech startup Moniepoint raises $110M, tripling valuation to $1B, becoming Africa's 8th unicorn
South Africa Blocks Vodacom's $745M Fiber Deal
South Africa's antitrust tribunal halts Vodacom's $745M acquisition of Remgro's fiber businesses, citing competition concerns.
Uganda's Digital Economy Takes Off
New report highlights Uganda's thriving tech ecosystem, growth of startups, and opportunities in fintech and mobile payments.
Access Bank Acquires National Bank of Kenya
Access Bank acquires NBK from KCB Group, pending CBK approval, to expand footprint in East Africa's largest economy
African Economies Grapple with Soaring Inflation
Rising consumer prices in Africa pose challenges for economies, startups, and consumers, with Sudan topping the list of countries with the highest inflation rate.