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What Does a Changing Cobalt Market Mean for the Democratic Republic of the Congo?
The biggest cobalt producer in the world, the DRC is behind 70% of all supplies. But falling prices are making it harder for the country’s independent miners to benefit.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- employment, mining
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Fibe Raises USD $90 Million in Series E Round
Moving beyond a typical financial solutions provider, Fibe is playing a pivotal role in fulfilling the aspirations of young India - the world's largest workforce.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Rwanda’s EV Startup Ampersand Partners with BYD for Expansion
On Tuesday, June 18, 2024, Kigali-based electric vehicle (EV) energy tech company, Ampersand, signed a landmark agreement with a Chinese–born EV company, BYD, to enhance electric motorbike development and deployment in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Investment Africa Data Centres Gets Over $100 Million Funding From RMB
The partners in the deal say the financing agreement demonstrates the strong financial position of Africa Data Centres and its commitment to investing in the digital transformation of South Africa.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion
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Renew Capital Backs Zuri’s Tech-Driven Beauty Revolution in Africa
Zuri boasts a robust e-commerce platform, allowing customers to conveniently purchase products online and enjoy home delivery.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Lagos Allocates N1 Billion Seed Fund for Startups
The Lagos State government has allocated N1 billion as a seed fund for startups to the Lagos State Science, Research, and Innovation Council (LASRIC).
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Alma Clinics Raises $2.8 Million for Expansion of Nurse-Driven Primary Healthcare Network in South Africa
The investment in Alma Clinics highlights the increasing recognition of nurse-led healthcare models in South Africa as viable and essential.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Press Release: Cashew Coast Raises €9 Million From AgDevCo to Expand Its Traceable Organic Cashew Processing Business in Cote D’Ivoire
Cashew Coast is a fast-growing cashew nut processing business, which employs 750 people and sources from more than 7,000 smallholder farmers.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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