2023 started with a lot of uncertainty for the tech industry. Many companies have struggled to find their rhythm since the economic downturn in 2022. As a result, we’ve seen a lot of layoffs, shutdowns, valuation cuts, and expansion halts in the last one year. Tech funding in the first quarter of 2023 also painted … Read More “Is the African tech funding market making a comeback?” »
June 16, 2023 © vkilikov / Adobe Stock Differentials for some grades of Nigerian crude rose on Friday, while Chinese refiners stepped up purchases of crude from other West African exporters. At least around 35 cargoes of Nigerian crude for loading in June and July have yet to find a buyer. … Read More “China Steps Up Purchases of Nigerian Crude” »
Global stocks headed for their biggest weekly decline in more than three months following a spate of central bank rate hikes that have pushed up bond yields and heightened fears of recession. European equity futures fell about 0.4% Friday, as did contracts for US benchmarks, taking little relief from Treasury Secretary Janet Yellen’s view that … Read More “Global stocks on course for worst week since March: Markets wrap” »
AGRA is proud to announce Dr. Kalibata’s membership to the Advisory Committee of the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). The COP28 which will be hosted by the United Arab Emirates (UAE) at the end of this year is … Read More “Dr Kalibata appointed to COP28 President’s Advisory Committee on Climate Change” »
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The past 12 months have been a difficult time globally for fintechs and startups looking to raise funds from venture capital (VC) funds. In the first quarter of 2023, global funding reached $76bn – a 53% decline from the $162bn that was raised in the same period last year. The slowdown in global fundraising can … Read More “‘Strong use cases underpin strength of African fintech’” »
Are you sitting comfortably? We are. If a job involves a great deal of sitting down – which is practically every office-based job – top of the list of priorities for any employee should be a good chair. What constitutes a good chair in 2023? An ergonomic, body-friendly design is crucial. Breathable materials, so you … Read More “Hands-on review: Boulies Effectual Series office chair” »
No less than eighty UBI trials are underway globally, and many more have already started and ended. UBI is an original construct of Technocracy from the 1930s, where everyone in society would receive the same allocation of energy script that would expire at the end of the allocation period. Today, UBI solves the problem of … Read More “Universal Basic Income And The Anti-Human Agenda” »
A commuter using Touch and Pay’s Cowry card to pay for her bus fare. During the annual conference of the African Private Capital Association in Cairo this past May, venture capital investor Idris Ayodeji Bello was asked in a panel discussion to single out a startup from his portfolio that excites him the most. Bello … Read More “Profiting from cashless bus rides in Lagos” »
MSMEs are crucial for economic growth globally, including in Nigeria. And for a long time in Africa’s largest economy, they have served as the lifeblood fuelling economic growth and development by creating jobs, reducing poverty, and generating wealth. The International Labour Organisation (ILO) says that MSMEs account for 96 per cent of businesses, 84 per … Read More “Fiducia aims to propel Nigeria’s supply chain finance ecosystem to new heights of growth” »
