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“Nigeria Ranks Third as African Startups Hit $1 Billion in Funding”
African startups collectively raised over $1 billion in equity funding in the first half of 2024, signaling cautious optimism for the continent’s tech ecosystem after a challenging 2023. According to data from Africa: The Big Deal, this total—approximately $1.1 billion—represents a modest rebound, showing resilience despite global economic slowdowns and investor caution. Egypt led the…
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“Digital Africa Global Consult Partners with NDPC on Nigeria Data Challenge Initiative”
Digital Africa Global Consult (DAGC), a leading tech consultancy, has partnered with the Nigeria Data Protection Commission (NDPC) to launch the “Nigeria Data Challenge” — a nationwide initiative aimed at boosting data literacy, innovation, and awareness about data protection in Nigeria. The initiative comes at a time when Nigeria is advancing its digital transformation agenda…
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“Unlocking Africa’s Potential: Bridging the Financing Gap for Bankable Projects”
The Chairman of the African Export-Import Bank (Afreximbank), Benedict Oramah, has highlighted a critical issue facing Africa’s development: the continent has numerous bankable projects, but lacks the financial resources and infrastructure to implement them effectively. Speaking at a high-level forum, Oramah emphasized that Africa is not short of viable investment opportunities — including infrastructure, energy,…
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“TD Africa, HP Deepen Alliance to Drive Technological Growth Across Africa.”
Dr. Chukwuma Okpara, the Managing Director/CEO of the National Primary Health Care Development Agency (NPHCDA), has emphasized the critical role of innovation and technology in transforming Nigeria’s primary healthcare system. According to Okpara, the government, in partnership with development agencies and private sector stakeholders, is investing in innovative strategies to ensure equitable access to healthcare…
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AI-Powered Energy Start-up Secures Major R32m Investment to Revolutionize South Africa’s Energy Sector.
A South Africa artificial intelligent (AI) powered energy startup has successfuly raise R32 million in a recent funding round, marking a major milestone for the country’s cleantech and AI sectors. The start-up, based in Cape Town, leverages AI and machine learning to enhance energy efficiency and optimize electricity use across various sectors. Its technology is…
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“Abu Dhabi startup ecosystem ranks 3rd in MENA for performance amid global slowdown”
Abu Dhabi, UAE — Abu Dhabi’s startup ecosystem has made remarkable strides, emerging as one of the fastest-growing hubs in the Middle East and North Africa (MENA), according to the 2025 Global Startup Ecosystem Report (GSER) launched today at VivaTech in Paris. Recognized as the world’s most comprehensive research on startup ecosystems, the GSER leverages the…
