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Venture capital firm Havaic has announced it has made its first investment in Sportable. Havaic contributed $1 million as part of a $15 million series A investment round. Founded in 2016 by two South Africans, Sportable deploys micro-tracing technology to enhance data collection and analysis in contact sports, particularly rugby, soccer, and American football. Sportable_Peter … Read More “Havaic, the million dollar investment in Sportable and Africa” »
The Kwara State Government has announced the signing of a Memorandum of Understanding (MoU) with IHS Nigeria to develop a technology innovation facility in Kwara State. In a statement released by the Kwara State Government’s spokesperson, Rafiu Ajakaye, it said that Governor AbdulRahman AbdulRazaq signed the MoU alongside IHS Nigeria CEO, Mohamad Darwish, at a … Read More “Kwara State Government and IHS Nigeria Sign MoU to establish technology innovation facility” »
As the year draws to a close, the cryptocurrency market often experiences a significant increase in activity, creating opportunities for investors to benefit from the festive season. Despite Bitcoin’s impressive surge to $43,148.35, not everyone may find it within their financial reach. Nevertheless, there are still promising cryptocurrencies trading below the $1 mark that could … Read More “Top 3 Crypto Under $1 To Buy This Christmas” »
Nov 13, 2023 Credit: Ocean Installer Petro Services and its main subcontractor, Ocean Installer today announced they have been awarded a contract from TotalEnergies EP Angola and it’s Block 17 partners, to execute an umbilical recovery and reinstallation scope on the Pazflor FPSO. This is Ocean Installer’s second participation on TotalEnergies EP … Read More “Petro Services, Ocean Installer Win Umbilical Repair Project Work Offshore Angola” »
Stocks and US futures kept to narrow ranges as traders awaited a pivotal US jobs report for more evidence of whether the labor market is cooling fast enough to bring the Federal Reserve closer to reducing interest rates. Europe’s Stoxx 600 Index crept higher, keeping the benchmark on pace for a fourth week of advances. … Read More “Stocks are steady in nervy wait for US jobs data: Markets wrap” »
Nigerian President Bola Tinubu has held talks with Shell, raising the prospect of Bonga North finally moving ahead. The president met Shell integrated gas and upstream director Zoe Yujnovich in Abuja. A statement said Shell was investing $1 billion over the next five to 10 years in order to unlock gas supplies. These would go … Read More “Shell talks up $5bn Bonga North plan in Nigeria” »
by Fintechnews Africa 8 December 2023 Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role in the Middle East and Africa (MEA) region by addressing challenges in accessing traditional financial services. The Fintech Times identified 45 neobanks in the MEA region, comprising mostly of … Read More “Middle Eastern and African Region Sees Neobanking Sector Picking up Steam” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Enko Capital sells majority stake in Netis to investor group” »
Safaricom has launched a Christmas campaign dubbed “Sambaza Furaha” that aims to bring joy to customers by spreading the sprit of sharing and joy ‘Sambaza Furaha’ Christmas Campaign Powered By Safaricom Safaricom has launched a Christmas campaign dubbed “Sambaza Furaha” that aims to bring joy to customers by spreading the sprit of sharing and joy … Read More “‘Sambaza Furaha’ Christmas Campaign Powered By Safaricom” »
