The first Africa Climate Summit opens as hard-hit continent of 1.3B demands more say and financing

The first African Climate Summit opened Monday with heads of state and others asserting a stronger…

France’s waning influence in coup-hit Africa appears clear while few remember their former colonizer

When Gabon’s longtime leader was detained in the latest coup in Africa last week, France condemned…

Why Safaricom, east Africa’s biggest telecom, is getting sued by its customers

East Africa’s leading telecommunications company Safaricom is in trouble. Pressure is mounting on it, with two…

Africa will outperform the world in economic growth, AfDB projects

In the inaugural release of a report dubbed ‘Africa’s Macroeconomic Performance and Outlook’ released on Jan.19,…

Africans are less safe than they were a decade ago

Africa is now less safe and less secure than it was 10 years ago, hampering continental…

Local funding for early-stage startups is taking off in Africa

This past week, Ingressive Capital, a $10 million venture capital fund started by Maya Horgan Famodu…

Financing Africa’s $100 billion annual infrastructure gap just got trickier

If Africa wants to leapfrog its infrastructural hurdles, then it must look beyond its own pockets…

This €110 million VC fund for Africa is now prioritizing startups that can break even quickly

In 2019, two private equity firms came together to form a venture capital fund to invest…

Mastercard may have disabled African virtual dollar cards due to fraud claims

Over the last weekend, a number of African companies said their users would no longer be…

How AfCFTA can boost Africa’s cultural economy

The African Continental Free Trade Area (AfCFTA) agreement, ratified in 2021, is a landmark milestone for…

How Wave rose to become Francophone Africa’s first unicorn

In 2016, two graduates of Brown University in Providence, Rhode Island, conceived a mobile phone-based money…

Meta’s AI can now translate more African languages

Do machines understand Africa? This is the question Meta started answering this month when it published…