Alterra Africa Accelerator Fund secures $20m from UK’s BII
A private equity initiative backed by Nigerian industrialist Aliko Dangote, Alterra Africa Accelerator Fund secures $20m from the United Kingdom, through its development finance institution, British International Investment (BII). This investment aims to bolster mid-cap companies across Africa, focusing on sectors such as telecommunications, technology, financial services, consumer products, and
Airtel launches AI-powered spam alert service to combat SMS fraud in Nigeria
Airtel launches AI-powered spam alert service to combat SMS fraud in Nigeria, aiming to protect subscribers from the growing menace of spam messages and SMS fraud. This innovative service is automatically activated for all Airtel customers, requiring no additional application downloads, and is available to both smartphone and feature phone
Nigerian lender Sycamore expands into asset management
Nigerian lender Sycamore expands into asset management after securing a fund manager licence from the Securities and Exchange Commission (SEC) to operate as a fund and portfolio manager. This move signals a significant expansion beyond its core lending business, aiming to tap into the growing demand for accessible investment options
Interested in Investing in Africa? Here are Top 13 Investment Opportunities
Investing in Africa presents a multitude of opportunities across various sectors, driven by rapid urbanization, technological advancements, and a wealth of natural resources. In this article, we’ll discuss the top 13 investment opportunities for you who is interested in investing in Africa and also provide insights into the continent’s investment
China’s Investment in Africa: What You Need to Know
China’s investment in Africa has experienced significant growth in recent years, reflecting a deepening economic partnership between the two regions. In 2024, trade between China and Africa reached $295.5 billion, marking a 6.1% increase from the previous year. South Africa remained China’s largest African trading partner, with $52.4 billion in
Why is China Investing in Africa? Here’s the Answer
China’s investment in Africa has experienced significant growth in recent years, reflecting a deepening economic partnership between the two regions. In 2024, trade between China and Africa reached $295.5 billion, marking a 6.1% increase from the previous year. South Africa remained China’s largest African trading partner, with $52.4 billion in
50 Affordable Co-working Spaces for Startups in African Cities
Co-working spaces for startups have become increasingly popular over the years. These spaces provide an alternative workspace for individuals and companies, offering many advantages over traditional offices. Co-working spaces are typically shared offices, where different individuals or businesses can work in a shared environment. These spaces have a lot of benefits,
Top 25 Destinations for Africa Adventure Trips This Year
Africa adventure trips are more than just holidays—they’re life-changing journeys into a continent of wonders. With its diverse landscapes, wildlife, and rich cultural history, Africa offers experiences that linger in your memory long after you return home. In this article, we’ll discuss top destinations for Africa adventure trips and activities
Benefits of Investing in Healthcare Startups in Africa This Year
Investing in healthcare startups in Africa presents a compelling opportunity for investors seeking both financial returns and social impact. The continent’s healthcare sector is undergoing a transformative shift, driven by innovative startups addressing longstanding challenges and leveraging technology to improve access, affordability, and quality of care. This article delves into