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African Development Bank Proposes $1 Billion Plan to Move Away From Russian Wheat
This $1bn financial package would help avert food shortages in Africa by enabling the agricultural sector’s development, according to the AfDB.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Better Use of Groundwater Could Transform Africa, Research Says
Studies ‘debunk the myth that Africa is running out of water but say resource needs to be better managed.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Analysis: Europe’s Phase-Out of Russian Energy Over the Ukraine Crisis Could Mean Opportunity for African Countries
Suppliers such as the underdeveloped frontier energy markets of Africa may find new energy sector investors in Europe who can no longer rely on Russian natural gas, which has long been their dominant source.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Big Cabal Media Raises $2.3 Million to Expand its Line of Digital Products in Africa
Big Cabal Media (BCM), a leading African digital media company, has announced a $2.3 million Seed funding round, emphasising its commitment to keep building exciting and authoritative media products and brands.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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USAID launches $4.2 Million Investment scheme to Support 5 local Companies in Ghana
The U.S Ambassador to Ghana, Stephanie S. Sullivan, has announced a new co-investment scheme by the U.S. Agency for International Development (USAID) totaling $4.2 million to support five companies operating in the country.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Addis Ababa Inks $29 Million Deals With China Firms for Public Transport Upgrade
Authorities in Ethiopia’s capital Addis Ababa have inked a deal worth $29.17 million with two Chinese companies to modernise the transport sector.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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The Mastercard Foundation Seeks Partners to Provide Access to Inclusive Financial Services for the Agriculture and Adjacent Sectors in Ghana
The Mastercard Foundation has announced the opening of an Expression of Interest (EOI) process to collaborate with prospective partners in bridging access to inclusive financial services for the Agriculture and Agric-adjacent sectors, to unlock work opportunities for young Ghanaian women and men.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Kenya’s Sokowatch Secures $125 Million Series B, Rebrands to Wasoko
Kenyan startup Sokowatch, an e-commerce company leveraging technology to transform the informal retail supply chain, has closed a US$125 million Series B equity round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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