Monday, October 26, 2020

How African currencies are holding this period

The unpredictability of the coronavirus has led to economic uncertainty across the African continent. The Sub-Saharan region is in danger of falling...

How Africa’s economies can recover

The African Economic Research Consortium (AERC) Senior Policy Seminar has placed a spotlight on fragility of growth in African economies, seeking...

54gene raises $15M in Series A funding

54gene, the African genomics research, services, and development company has closed a Series A round of $15M, led by Adjuvant Capital,...

How African competition authorities are responding to the COVID-19 crisis

The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers...

Afreximbank announces $3-Billion facility to cushion impact of COVID-19

The African Export-Import Bank (Afreximbank) has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries...

Carbon launches $100,000 entrepreneurship fund

Carbon has set up a $100,000 Pan-African entrepreneurship fund to support budding tech entrepreneurs on the continent.

2020 to be the year of Intra-African remittances

International money transfer company, WorldRemit, predicts that 2020 will be the year of intra-African remittances. The World Bank already estimates that...

Toyota drives towards African mobility startups

By Oluwatosin Adeshokan for Quartz Africa After over fifty countries signed the African Continental Free Trade Agreement in 2018 economists...