Tag: Africa

BusinessHot News

Africa could add $17 billion, 3.3 million jobs by doubling seafood production

Doubling Africa’s seafood production could add $17 billion to GDP and create 3.3 million jobs, boosting the continent’s food sector.

Omokolade Ajayi Omokolade Ajayi
Globacom celebrates 22 years of expanding digital access in West Africa
Hot NewsTechnology

Globacom scales network, boosts broadband access nationwide

Globacom expands nationwide network, boosting mobile data speed, reliability, and broadband access for millions of users.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

Africa’s first defense tech prime Terra Industries closes $34 million funding round

Terra Industries raises $34 million to expand Africa’s first homegrown defense tech and secure $11 billion in critical infrastructure.

Omokolade Ajayi Omokolade Ajayi
ExclusiveHot News

Africa’s growth draws US, China as global powers vie for influence

Africa’s rapid growth draws the United States, China, and Russia as global powers compete for trade and influence.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

Redtech, backed by Tony Elumelu, plans $100m raise for Africa expansion

Redtech, backed by Tony Elumelu, plans a $100 million raise to expand digital payments across Africa.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTourism

Shabeely Resort in Ethiopia highlights nation’s culture and tourism ambitions

Ethiopia’s Shabeely Resort showcases heritage, culture, and leisure with 51 rooms, 3 restaurants, and extensive recreational spaces.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa, Nigeria, and Egypt’s rapid installations.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

Ethiopia joins Africa’s mobile payment boom with 58 million digital wallet users

Ethiopia is emerging as a major mobile payments market, with 58 million digital wallet users and mobile transactions rising sharply.

Omokolade Ajayi Omokolade Ajayi
PayPal commits $100 million to expand digital services and support entrepreneurs in Africa and the Middle East.
BusinessTechnology

PayPal invests $100 million to grow digital reach in Middle East  and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle East and Africa with a $100 million investment aimed at driving digital innovation, supporting entrepreneurs, and widening access to online commerce.  The move highlights the company’s growing focus on regions experiencing rapid growth in digital payments and e-commerce. The investment will be deployed through a mix of minority…

Oluwatosin Alao Oluwatosin Alao
MTN eyes full IHS Towers ownership deal
BusinessHot News

Africa’s 10 biggest communications infrastructure companies

Africa’s top tower firms drive connectivity and growth, powering the continent’s telecom, data, and digital expansion.

Feyisayo Ajayi Feyisayo Ajayi
Stablecoins in Africa
Hot NewsTechnology

Stablecoins in Africa: The invisible hedge against currency collapse

Stablecoins are becoming Africa’s quiet safeguard against inflation and currency collapse, offering stability and cross-border financial freedom.

Feyisayo Ajayi Feyisayo Ajayi
Silverbacks Holdings tenth profitable exit
BusinessHot News

Mauritius firm, Silverbacks Holdings, bets on Africa’s sports and media

Silverbacks Holdings is turning Africa’s sports, media, and entertainment into investable global assets.

Feyisayo Ajayi Feyisayo Ajayi