Physical Address
60 Ekwema Cres, Layout 460281, Imo
SunCulture, a climate tech company from Kenya leading the way in agribusiness innovation has raised $12 million as a key investment. This will be essential in extending the use of SunCulture’s pioneering solar irrigation solutions to many smallholder farmers in…
Verod-Kepple Africa Ventures (VKAV) has surpassed a significant milestone by closing its first fund at $60 million. The latest funding round includes support from Nigeria’s SCM Capital, formerly Sterling Capital Markets Limited, along with other notable investors such as Taiyo…
Renew Capital, an investment firm, has made its first investment in Ghana by investing in Ghana Affinity. This is also Renew Capital’s first investment in Africa. This comes just a month after the launch of its latest tech fund, Renew…
Procera Group, a South African based company, has secured $18.8 million (R346 million) from Vantage Capital, an African fund manager. With this new investment, Procera can take its business services into the global market. About Procera Group Procera Group, a…
BasiGo, the company that paves the way in electric mobility solutions in East Africa, has set a big goal: implementing 1,000 electric buses across the continent in the next three years. This grand plan seeks to transform public transportation in…
ThriveAgric, a Nigerian agritech startup, has announced a partnership with Acorn RaboBank. The partnership aims to empower 30,000 local farmers in specific states across the country. Acorn Rabobank, the climate action arm of the 125-year-old Dutch bank Rabobank, harnesses climate…
MultiChoice Nigeria Limited, a popular satellite television service, was defrauded in a foreign currency exchange deal. The service provider lost ₦7.9 billion to the deal. According to Premium Times, the questionable deal involved Akintunde Giwa, a currency exchange dealer, and…
In a very essential move to enhance transparency and accountability, the Nigerian government has introduced an instrument for its citizens: the upgraded Citizen’s Delivery Tracker App. This innovative application, which is being piloted by the Central Delivery Coordination Unit (CDCU),…
VIK Industries Limited is a leading manufacturer of plastic products located at No. 25 Asa Afarlogun Street, Ajao Estate, Akpakun, Isolo, Lagos, Nigeria. The company is known for its iconic Bristar brand established in the 1970s, it is owned by…
First Bank Holdings has arranged to raise additional capital of ₦300 billion ($231 million) at a shareholders meeting scheduled later this month. This is due to the Central Bank of Nigeria’s plans for a recapitalization drive. First Bank Holdings on…
