Africa’s startup ecosystem recorded over $2 billion in funding in 2025, according to new data from Briter. Africa’s startup ecosystem secured over $2 billion in funding in 2025, completing more than 500 deals. The year marked an increase in acquisitions, with over 35 strategic buyouts taking place. Challenges persisted as five prominent startups shut down,…
Details
The recent D.R. Congo-Rwanda peace deal is more than a bilateral pact, marking Washington’s renewed push to shape Central Africa’s security and economic landscape by mediating tensions in the Great Lakes region. Rwanda and the Democratic Republic of Congo signed a peace deal in June aimed at regional stability and resolving conflicts. The United States…
Details
The Dangote Oil Refinery is set to initiate the first phase of its direct fuel distribution plan, with the rollout of 1000 Compressed Natural Gas-powered (CNG) trucks. Dangote Oil Refinery is launching the first phase of its direct fuel distribution using 1000 CNG-powered trucks. The initiative aims to reduce gasoline distribution costs by ₦1.7 trillion…
Details
Morocco is set to make history as the host of Africa’s first battery gigafactory, backed by a landmark $5.6 billion investment from China. Morocco will host Africa’s first battery gigafactory following a $5.6 billion investment led by China’s Gotion High-Tech. The facility, located in Kenitra, aims to produce 20 gigawatt-hours annually by 2026, with plans…
Details
Borrowing costs for governments and businesses in South Africa, Nigeria and Kenya have risen in the last five years, according to a study by Moody’s Ratings. Borrowing costs in South Africa, Nigeria, and Kenya have increased significantly in the past five years due to policy weaknesses and inflation. These nations face challenges from higher interest…
Details
South Africa’s fast-growing online retail market is on track to exceed $7 billion (R130 billion) in sales by the end of 2025, making up almost 10% of the country’s total retail spend for the first time. South Africa’s online retail market is projected to surpass $7 billion by 2025, constituting approximately 10% of the nation’s…
Details
