African Export-Import Bank (Afreximbank) signed a project preparation facility financing agreement for its private-sector renewable energy project in the Democratic Republic of Congo (DRC), marking a major step in expanding green infrastructure across the Central African region. Partnering with Kipay Investments SAS (Kipay), the Bank will finance the technical and bankability studies, legal, financial advisory...
Day: <span>24 December 2024</span>
Post
Post
Cassava Technologies Secures USD 310 Million in Funding from Google and others
Cassava Technologies (Cassava), announced three significant milestones: a substantial equity injection, the successful completion of its South African Rand (ZAR) debt refinancing, and the finalization of its legal reorganization. These strategic initiatives position Cassava for robust growth underpinned by a strong balance sheet. Cassava has closed an equity investment round of $90 million with participation...
Post
PalmPay and Jumia enter Strategic Partnership, Launch Integration for Shoppers in Nigeria
PalmPay, a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria. This partnership underscores both parties’ commitment to developing the digital payment ecosystem in Nigeria and grow...
Post
How Artificial Intelligence (AI) is Making Entrepreneurship Easier
AI gives you a structure, but your own ideas and understanding of your business makes the plan unique!! In today’s fast-paced business world, writing a comprehensive business plan can feel overwhelming for entrepreneurs. However, with the advancement of Artificial Intelligence (AI), this process is becoming more efficient and accessible. This guide shows how to use...
Post
Are We Surrendering Too Much Personal Power to Smartphones and AI?
The rapid advancement of smartphones, tablets, and Artificial Intelligence (AI) has profoundly reshaped modern society, offering unprecedented convenience and efficiency. However, these technologies are not without their challenges, particularly in how they influence personal autonomy, privacy, and decision-making. This article, written from an academic perspective by Ravin Baburam from Regent Business School, critically examines the trade-offs...