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AFC Boosts African Startups With $40 Million VC Investment
The Africa Finance Corporation (AFC) is deepening its push into Africa’s rapidly evolving venture capital ecosystem with a new $40 million commitment backing prominent investment firms Future Africa and Lightrock. The move signals growing institutional confidence in African startups despite a challenging global funding environment. The investment forms part of AFC’s broader strategy to support…
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Nairobi Fuel Crisis Forces Ride-Hailing Drivers Off the Roads
Kenya’s ride-hailing industry has been thrown into turmoil as a nationwide fuel strike and soaring pump prices force thousands of drivers in Nairobi to abandon app-based taxi platforms. The protests, which erupted across the capital on Monday, have disrupted transport networks, stranded commuters, and intensified pressure on President William Ruto’s government over the rising cost…
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2026 May Mark Africa’s Clean Energy Breakthrough
For decades, Africa’s economies have been shaken by global oil shocks. From the fuel crises of the 1970s to recent spikes caused by geopolitical conflicts and supply disruptions, rising oil prices have repeatedly strained national budgets, increased transport costs, and worsened inflation across the continent. But while previous crises often deepened dependence on fossil fuels,…
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From Medical School to Developer Tools: How Sampson Ovuoba Bet on Coding Early.
Sampson Ovuoba began learning to code at just 13 years old, long before he would eventually leave medical school to focus fully on technology. His journey reflects a growing pattern across Africa’s tech ecosystem, where young builders are increasingly choosing software development, startups, and digital infrastructure over more traditional professional paths. What makes Ovuoba’s story…
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How Better UX Helped Cudium Grow Beyond Borders in Africa’s Competitive Fintech Market.
In African fintech, growth is often linked to funding rounds, partnerships, or expansion into new countries. But for companies building products across fragmented markets, user experience is becoming just as important as infrastructure. That is part of the story around Cudium, a fintech platform whose cross-border growth appears closely tied to how it simplifies financial…
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AGL and REasy Launch New China-Cameroon Shipping Service for Small Businesses.
For many small businesses in Cameroon, importing goods from China is necessary but often stressful. Payments can be difficult to manage, shipping processes are not always transparent, and delays at different stages of the supply chain can increase costs. To address some of these problems, Africa Global Logistics Cameroon has partnered with REasy to launch…
