Category: Business

Bonolo Monthe and Yemi Aganga, founders of Maungo Craft, Botswana Advertisement Berlin, Germany, July 2023: Adelphi announced the winners of the Green Entrepreneurship Awards 2023. The awards scheme, a flagship event of adelphi’s Green Entrepreneurship programme, aims to recognise and celebrate the most innovative and promising eco-inclusive and circular enterprises in developing and emerging economies. … Read More “Adelphi Unveils Recipients of the 2023 Green Entrepreneurship Awards.” »

The Wheatbaker, Victoria Island, Lagos, witnessed a momentous gathering of esteemed business leaders, Influential African creatives, policymakers, digital champions, and leading entrepreneurs from diverse industries last Friday. United by a shared vision, these exceptional individuals and bright minds convened to explore how Africa can secure its future by unlocking the power of its youth, culture, … Read More “The key to Africa’s future: Leveraging youth power, culture, and, the creative economy” »

Dogecoin has gained significant popularity as a meme coin, serving as an inspiration for a multitude of other animal-themed cryptocurrencies. These meme coins, as their name implies, were initially created as a lighthearted joke. However, they have experienced a remarkable surge in popularity in recent times. In an attempt to participate in the meme coin … Read More “Dogecoin (DOGE) Price Prediction: July-End 2023” »

Africa-focused oil and gas company BowLeven said Friday that it had noted the recent movement in its share price and confirmed that it is unaware of any particular reason for the sudden increase. BowLeven’s share price had reached 2.33 British Pence a share, having traded at around one pence a share for the previous month, … Read More “Africa-focused Oil and Gas Firm Unaware of Reasons Behind Share Price Spike” »

Nigerian National Petroleum Corp. (NNPC) has signed a heads of terms with UTM Offshore on a floating LNG (FLNG) facility. The two companies signed the agreement on the 1.5 million tonne per year LNG facility in Abuja. It will also produce 300,000 tpy of LPG. NNPC head Mele Kyari said the FLNG project was a … Read More “NNPC takes stake in UTM’s FLNG plan” »

Private developers such as Acorn have partnered to develop housing units like the Qwetu Student Residences in Nairobi, Kenya By David Ndungu (associate principal) and Bobby Patel (global head of real estate investment), CrossBoundary Student accommodation has grown globally over the last two decades. This expansion has been fueled by increased student enrollment worldwide, among … Read More “The private sector’s push into Africa’s student housing market” »

Investors continued to pull money out of sustainability-themed funds during the second quarter amid a political backlash against ESG — but that trend is unlikely to sway advisors who are true believers in the cause. Between April and June, a total of $635 million poured out of U.S. sustainable mutual funds and ETFs, representing the … Read More “Outflows from sustainable funds aren’t fazing advisors” »

South Africa’s fintech revolution is in full swing, with innovative solutions reshaping the financial landscape on a weekly basis. The country’s large population, coupled with a significant number of unbanked individuals, presents a vast market for fintech services. In recognition of the untapped potential and transformative power of technology, investors are increasingly drawn to local … Read More “Fintech start-up boom: 5 sectors attracting investor attention” »

Co-Creation Hub has announced the call for applications for the Uniinovators Startup-in-Residence program designed to inspire innovations in selected tertiary institutions in Africa – namely, the University of Ibadan (Nigeria), University of Lagos (Nigeria), University of Nairobi (Kenya), Riara University (Kenya), University of Namibia (Namibia) and Namibia University of Science and Technology (Namibia). The program … Read More “Uniinnovators startup-in-residence: A call for applications” »

Ripple’s native token XRP was caught in the crossfire of a lawsuit filed by the SEC declaring the cryptocurrency a security. Judge Analisa Torres ruled that XRP is not a security leading to an embarrassing defeat of the SEC. After the ruling went in Ripple’s favor, XRP jumped 75% reaching a high of $0.82. The … Read More “When Will XRP Climb Above $2” »