Shell (LON:SHEL) and TotalEnergies (PAR:TTE) have posted upbeat takes on Namibia in their second quarter results, although short on actual numbers. Total CEO Patrick Pouyanné said Namibia was a priority for the company. Appraisal drilling on the Venus find was “very positive”, the executive said. “I can tell you the oil column is very big.” … Read More “Shell, Total flag Namibia as a major work in progress” »
A close-up picture of a black soldier fly. Insect-based animal feeds and their by-products could represent a $250 million to $1.2 billion opportunity for Nigeria by 2030, as indicated in a study by Manufacturing Africa, a UK government-funded programme supporting the manufacturing sector. Alternative feed can come from various insect sources, including locusts, crickets, mealworm larvae, … Read More “Nigeria’s billion-dollar insect-based animal feed opportunity” »
Morgan Stanley is selling Gradifi Solutions, a student loan benefits provider, to workplace savings fintech Vestwell. ETrade Financial acquired Gradifi from First Republic Bank for $30 million in 2019, less than three months before Morgan Stanley bought ETrade for $13 billion. Terms of the transaction to Vestwell were not disclosed, but the deal includes all … Read More “Morgan Stanley sells student loan benefits provider to Vestwell” »
Rosatom and Burundi sign Memorandum Rosatom and Burundi sign Memorandum on personnel training for the development of technologies in peaceful atomic energy Rosatom and the Republic of Burundi signed a Memorandum of Cooperation for personnel training and education in peaceful atomic energy. The document was signed by Alexey Likhachev, Director General of the State Atomic … Read More “Rosatom and Burundi sign Memorandum” »
Startupbootcamp AfriTech, an accelerator programme cultivating African start-ups, has opened applications for the fourth cohort of its highly commended ASIP accelerator programme. Providing a unique opportunity for early-stage African start-ups, it offers mentorship, industry insights, and global networking opportunities with investors and corporate partners. Africa is witnessing an extraordinary surge in technological innovation, driven by … Read More “Startupbootcamp AfriTech invites ASIP applications” »
Madica, an Africa-focused investment program dedicated to pre-seed stage startups in Africa, has announced the strategic appointments of Rose Odengo and Brenda Wangari. The new appointments strengthen Madica’s commitment to diversity, inclusivity, and innovation in the tech sector across the continent. Odengo’s extensive wealth of experience and expertise will lead her to take on the pivotal role of … Read More “Madica bolsters commitment to diversity and innovation with strategic appointments” »
Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the SHIB team has been working relentlessly on different projects for the community, which has boosted many Shiba Inu price predictions. Even though 2022 was not the best year for cryptocurrencies in terms of price, 2023 began with … Read More “Shiba Inu Price Prediction (SHIB): July End 2023” »
A bag produced by Femi Olayebi’s company By Gbemisola Esho, bird story agency While pregnant, Nigerian entrepreneur Femi Olayebi made a baby bag for herself. That led to her founding her own brands – My World of Bags and FemiHandbags – which have clients across Africa, Europe, the US, and Canada. Now she wants buyers … Read More “Nigerian designer tapping into Africa’s leather potential” »
LPL Financial, a firm with a long history of mergers and acquisitions, added to that Tuesday with an announcement that it was acquiring the wealth management business of Crown Capital Securities, an Orange County, California-based broker-dealer and registered investment advisor with 260 financial advisors and $6.5 billion in assets under its roof. Terms of the … Read More “LPL acquiring California broker-dealer with 260 advisors” »
East Africa’s leading digital health access platform, Kasha, has announced a successful Series B fundraising round of $21 million, led by Knife Capital, a pan-African venture capital firm based out of South Africa. Kasha, a digital retail and last mile distribution platform for pharmaceuticals and fast-moving consumer goods, intends to use the funding to expand … Read More “Kasha lands $21m for pan-African scale-up” »
