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Kenya’s Youth Dominate Tourism Workforce at 70%, Surpassing Global Average
Miano emphasized that the Ministry of Tourism is rolling out initiatives focused on skills development, entrepreneurship, and deeper inclusion of youth in the tourism economy.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- employment, innovation, tourism, youth
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ICD Disburses SME Financing Facility (€15MLN) in Favor of Crédit Communautaire D’Afrique Bank Cameroon
This strategic financing initiative aims to strengthen local SMEs by supporting productive investments.
- Region
- Sub-Saharan Africa
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World Bank’s Investment Arm Targets Rise in African Equity Investments
"The Africa Finance Corporation, an infrastructure-focused development finance institution headquartered in Nigeria’s commercial capital, is accelerating attempts to mobilize more domestic capital for investment to make up for cuts to US aid money. . ."
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Fintech Startup PayTic Grabs $4 Million to Expand Payment Automation Across Africa
PayTic plans to use the funding to enhance its payment automation solutions and expand into North and Sub-Saharan Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyan Tourism-Focused Venture Studio Purple Elephant Ventures Tops up Seed Round to $5 Million
"The goal is to lead Africa’s tourism industry towards a greener future, with PEV startups typically scalable, tech-first solutions that supercharge urgent efforts to make Africa’s tourism industry more resilient and more sustainable in the face of climate change. "
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, tourism
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ENGIE Energy Access Tanzania to Receive EUR 1.3 Million of Results-Based Financing to Scale Up Access to Clean Cooking
The company is well known for its solar home systems in Tanzania, and it is well placed to expand its business to biodigesters.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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South Africa’s Zimi Secures $320,000 to Test Turning EVs Into Power Stations
"By integrating vehicle-to-grid (V2G) technology into this strategy, Zimi plans to offer fleet operators charging solutions and turn idle EVs into energy that can feed power back into their facilities or the grid."
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, renewable energy, solar
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Equinix to Invest $140 Million to Expand Internet Access in Southern Nigeria
"While cities like Lagos, Accra, and Abidjan benefit from relatively strong connectivity, many interior regions remain underserved."
- Categories
- Technology
- Region
- Sub-Saharan Africa
