Africa to Launch Its Credit Rating Agency This September
by Africa is set to make history this September with the launch of its credit rating agency. The African Credit Rating Agency (AfCRA) is expected to …
Tag: African economy
Bill Gates to Channel Most of $200B Pledge into Africa’s Future
Bill Gates has announced a bold new chapter for the Gates Foundation. Over the next 20 years, the foundation will channel the majority of a …
Ugandan Leader Meets Starlink to Discuss East Africa Launch
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 …
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 …