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OmniRetail Shakes up Africa’s B2B E-Commerce Market With $20 Million Series A
OmniRetail’s model digitizes order management for 145 manufacturers, more than 5,800 distributors, and services over 150,000 informal retailers across 12 cities in Nigeria, Ghana, and Ivory Coast.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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New Gates-Backed Fund Targets Maternal and Newborn Health in Africa
The fund is backed mainly by philanthropy, at a time of declining donor government foreign aid budgets.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Glovo and Salad Africa Partner to Provide Financing Worth ₦100 Million for SMEs
The partnership will help to close the funding gap for Africa’s SMEs.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Namibia Will Offer Free University Education Starting in 2026
New Namibian President Netumbo Nandi-Ndaitwah announced Thursday that her government will introduce free higher education at state universities and technical colleges starting next year.
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- academia, business education, youth
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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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