Egyptian healthtech Chefaa secures pre-Series A funding
The funding round was led by 500 Startups, Vision Ventures, Womena, and few other investors...
Tag : Africa
Petroleum dealers in Africa hoard fuel products
The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences...
DIFC invests in four startups as part of $100 million fintech fund
The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia...
Why is Africa of such importance to Japan
by WebAdmin
Japanese banks are establishing strategic presence on the continent to scale up corporate sector and reinforce long-time trade relations...
New digital bank called Sparkle launches in Nigeria
Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie...
Kenya Airways records a 12% increase in revenue for 2019
This is attributed to the expansion of the network, improved passenger, cargo, ancillaries, and other revenue streams...
Africa’s is booming with an increased number of fintechs
According to the International Monetary Fund, the continent's informal economy is conducive to startups with a pool of unbanked and underbanked population...
South African insurtech Inclusivity Solutions secures $1.3 mn funding
The funding will be used by the startup to expand in its new markets as well as new ones...
Kenya Airways to suffer net loss of Sh12.98 bn in 2020
The carrier attributes its poor performance to the adoption of IFRS 16 last year...
Pandemic impacts 30 African oil and gas projects: Report
Last month, the price of Brent crude dropped to $25 per barrel despite plans to lower the output by 9.7 mn barrels a day...