Murdoch to empower 1,000 African entrepreneurs by 2022

A new partnership between Murdoch University in Western Australia and the South African-based Kingdom Business Network (KBN) took a first step towards formation after...

Norfund invests in Nigeria’s food industry

The Norwegian Investment Fund for Developing Countries (Norfund) has made an investment in the Nigerian company Sundry Foods Limited. Sundry Foods is an integrated food...

Kobo360 secures $30m funding round for expansion

Nigerian logistics startup Kobo360 has raised a $30 million debt and equity funding round led by Goldman Sachs to power its expansion across Africa. Launched...

The world now has three people worth more than $100bn each

Europe’s richest person, Bernard Arnault, just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club with a fortune of at...

AWIEF extends awards nominations closing date

The closing date for the 2019 Africa Women Innovation and Entrepreneurship Forum (AWIEF) Awards nominations has been extended to Monday, 10 June 2019. ...

Canon’s Photography competition 2019 opens for entries

Canon, world-leader in imaging solutions, has announced that the company will begin accepting entries for its New Cosmos of Photography 2019 photo competition from...

TEF selects over 3,000 entrepreneurs for 2019 programmes

The Tony Elumelu Foundation (TEF) has selected not less than 3,050 applicants for the 2019 cohort of the flagship Entrepreneurship Programme, an African philanthropic...

Factoring: Alternative to SME financing in Africa

According to a 2015 report, there are 37 million small and medium scale enterprises (SMEs) in Nigeria alone, a country which has recorded significant...

Google’s bid to battle Amazon suffers setback as Walmart withdraws

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com Inc. in e-commerce. Walmart removed its products from Google’s Shopping Actions...

Five innovators win place in Senegal Start-Up Accelerator

Five young Senegalese entrepreneurs have been selected to receive six months of business incubation and $2,000 seed-funding to kick-start their business. The Senegal Start-Up...

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