AIC News

Prime Minister Mostafa Madbouly asserted that the partnership between Egypt and France is based on the important role both Egyptian and French companies and institutions play in achieving development by doing business in joint projects.

AI is an area of computer science that emphasises on the creation of intelligent machines that work and perform tasks like humans.

the Nigeria-based media company that houses two well-known publications, TechCabal and Zikoko — is announcing that it has raised $2.3 million in seed funding to expand its audience and build new verticals.

The Company anticipates the project should be fully implemented by the fourth quarter of 2023

The CEO of the Djibouti Sovereign Fund outlines his plans on how to deploy the fund to catalyse several sectors in a strong effort to diversify the economy as part of Djibouti’s Vision 2035.

The Federation of St Kitts and Nevis is continuing to strengthen its ties with the African continent. The Permanent Representative of Saint Kitts and Nevis to the United Nations recently met with his Sudanese counterpart, Mr. Ammar M.M. Mohammed, to formalise diplomatic relations, agreeing on a mutual visa waiver to facilitate easier travel. The Caribbean […]

The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $30 million in the AfricaGoGreen Fund, a debt fund established to promote private investments in energy-efficient technologies and business models, with the objective of decarbonising African economies and accelerating the energy transition. These new investments come […]

Moove, an African mobility fintech that provides vehicle financing to drivers of ride-hailing platforms like Uber and other gig networks, has raised $105 million in new Series A2 financing. Existing investors Speedinvest, Left Lane Capital and thelatest.ventures (the first two are lead investors from its Series A) led this round shared between $65 million equity […]

Countries across Africa present huge opportunities in e-commerce but businesses must quickly overcome challenges around infrastructure, logistics, and financial inclusion to fully realize the potential. Since 2020, we have witnessed African markets embracing the e-commerce revolution. Thanks to rising disposable incomes, growing internet penetration, and emerging cross-border e-commerce markets, the continent is poised to become […]

Russia’s invasion of Ukraine has expanded the meaning of “energy transition” in Europe. Usually, that term means moving away from the fossil fuels that have driven progress for generations and turning, instead, to emerging green energy sources. But with the U.K. phasing out Russian oil imports following the U.S.’s ban — and more EU countries […]