4th Annual Power Tech Africa to boost Africa’s renewable energy market
Kenya aims to produce 19,200 MW of electricity exceeding the demand of 15,000 MW by 2030...
Tag : Africa
African tech startups secure $491.6 mn in funding in 2019
2019 also witnessed a 61% increase in the number of investors to reach 261...
African tech companies invited to partner Britain-led growth scheme
With its startups generating 50% more venture capital in 2017 than in 2016, Africa is witnessing an exponential growth in the technology industry...
JP Morgan, UK Aid invest $15 million in Catalyst Fund
Catalyst Fund will back 30 fintech startups in Kenya, Nigeria, South Africa, India and Mexico over next three years...
Petrobras finally makes an exit from the African continent
Petrobras’ share of production from its Nigerian assets in 2019 was around 34,000 barrels per day...
Why Kenya needs fewer banks
Around 80 percent of the profits made by the Kenyan banking sector go to the top five to six banks...
African fintechs are riding global investor sentiments
Sub Saharan Africa is now among the fastest growing fintech investment zones with trade war weary Chinese flying in with cash...
Kenya’s 4G Capital secures $2 mn to finance SMEs
The funding will be used by 4G Capital to increase its customer base in Kenya and Uganda...
Kenya Airways’ losses to increase by 25% despite restructuring
The carrier is expected to record a net loss of at least Sh7.3 bn in 2019...
Vodafone to turn M-Pesa into a bank to target Africa’s unbanked
Currently, M-Pesa accounts for 3.5% of Vodacom’s revenue...