Polo Leketa, Hannah Subayi Kamuanga, Winnie Mwangi, Lexi Novitske and Eleanor Kigen In 2016, the Angel Fair Africa team introduced the “All Female Investors Panel” aka “Queens Panel” in response to the industry need to highlight the exceptional work of leading female investors who were breaking the glass ceiling. Over the year, many industry events … Read More “The Queens of AFA@10 – Africa.com” »
Category: Business
TLcom Capital, the Africa-focused venture capital firm, has officially announced its fifth annual Africa Tech Female Founder Summit, which will be held on Tuesday 14th November 2022 in Lagos, Nigeria. The headline session will feature a fireside conversation with Julia Collins, who will share valuable insights on her experience as a successful serial tech entrepreneur. … Read More “TLcom announces Africa Tech Female Founder Summit 2023” »
Many early investors of Shiba Inu (SHIB) have turned small investments into millions. One investor in particular made a whopping $5.7 billion from an $8,000 investment. This has led to many raising the question if such a feat is still possible with the popular dog-themed memecoin. If SHIB were to reach a price of $0.01, … Read More “Here’s How to Make $10 Million When it Reaches $0.01” »
Oct 4, 2023 Credit: QatarEnergy QatarEnergy confirmed Wednesday it had won a new exploration block offshore Egypt as part of the 2022 EGAS International Bid Round. The results of the competitive bid process were announced by Egypt’s Ministry of Petroleum and Mineral Resources, awarding exploration and production rights for block EGY-MED-E8 … Read More “QatarEnergy Expands Footprint in Egypt with East Port Said Exploration Block Win” »
Mobile platform Hello Tractor connects tractor owners and operators with farmers in need of tractor services. The rise of agriculture technology (agtech) solutions in Africa has opened significant avenues to transform food systems and tackle long-standing obstacles to enhance smallholder productivity, write Aubry Hruby and Fatima Ezzahra Mengoub in a new Atlantic Council report titled, … Read More “Unpacking Africa’s agtech opportunity” »
Lucy Chua and John Byrnes didn’t just lose their Finra arbitration claim against several financial firms and advisors for allegedly fraudulent sales of private corporate bonds — they’re on the hook for more than $2 million in attorneys’ fees and costs incurred by the winning side. Chua and Byrnes are trustees of both the Yife … Read More “Arbitrators order losing investors to pay more than $2M” »
Water— the most abundant resource on earth — is scarce in many African communities. And this scarcity is more man-made than natural. For instance, Nigeria has no actual desert areas, save a connection to the Sahel. Yet, pipe-borne water accounts for less than 10% of the domestic water supply to Nigerian households. In Ghana, sachet … Read More “Solving Africa’s water and sanitation crisis will unlock opportunities – Mtchera Chirwa” »
In the ongoing Sam Bankman-Fried trial, FTX’s co-founder Gary Wang says that SBF stole customer funds from the beginning. In testimony to a New York Jury on Friday, Wang says Bankman-Fried authorized the illegal use of FTX customers’ funds and assets to plug financial gaps at an affiliated hedge fund from the exchange’s earliest days. … Read More “SBF stole customer funds from the beginning” »
Oil major BP has selected offshore installation contractor Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas will conduct the offshore pipelay works in early December 2023 using the world’s largest construction vessel, Pioneering Spirit. Installation support will be provided by Allseas’ … Read More “Allseas’ Pioneering Spirit Takes on Challenging Pipelay Project for BP” »
Helium and LNG producer Renergen has fired a warning shot at its detractors amid a steep share price fall. Since June, the South African company’s share price has fallen around 40%, although it was up 6% today. In its statement, the company said it was responding to “recent negativity initiated on social media”. The company … Read More “Renergen fires warning shot at social media detractors” »