Ugandan Leader Meets Starlink to Discuss East Africa Launch
by Uganda is on the brink of a digital revolution as President Yoweri Museveni met with representatives from Starlink, Elon Musk’s satellite internet venture, to discuss …
Tag: African economy
OmniRetail Secures $20M Series A to Drive Growth in West Africa
OmniRetail, a leading B2B e-commerce platform, has secured $20 million in Series A equity funding, marking a pivotal moment for both the company and the …
Trump’s tariffs will barely affect Africa – WTO DG Okonjo-Iweala
The recent wave of U.S. trade protectionism, branded as “Trump’s tariffs,” has sent shockwaves through global markets. But according to Dr. Ngozi Okonjo-Iweala, Director-General of …
Kenya set to overtake Ethiopia as East Africa’s top economy.
Kenya is on the brink of a historic economic milestone. According to the International Monetary Fund, Kenya is set to surpass Ethiopia and become East …
African Tech Funding Declines 5% in Q1 2025, Reaching $460 Million
African tech funding dropped by 5% in the first quarter of 2025 compared to the same period in 2024. Startups across the continent raised $460 …
Afrik DeFi to Engage Policymakers at WEF AI Summit in Rwanda
Afrik DeFi is set to make waves at the World Economic Forum (WEF) AI Summit in Rwanda, a landmark event that will bring together policymakers, …
Nigeria and South Africa make up half of Africa’s 22 billionaires.
According to the latest Forbes rankings, Africa’s 22 billionaires have collectively amassed a record-breaking fortune of $105 billion for the first time in history. Nigeria …
Africa Social Impact Summit to Address Climate Crisis and Foster Growth
The Africa Social Impact Summit (ASIS) is gearing up for its fourth edition, set to take place on July 10-11, 2025, in Lagos, Nigeria. Co-convened …
Djibouti, Ethiopia, South Sudan, and Uganda Sign Pact to Create Regional Trade Corridor
In a landmark move to boost economic integration, Djibouti, Ethiopia, South Sudan, and Uganda have signed an agreement to establish a regional trade corridor. This …
Top 10 Insurance Companies in Africa
Africa’s insurance sector is experiencing rapid growth. A rising middle class and increased awareness drive demand, making it crucial for individuals and businesses to choose …