AIC News

Nigeria’s President Muhammadu Buhari looks set to hand the country’s vibrant tech ecosystem an olive branch, following years of fraught relations with the sector.

The prospect of many Nigerian stocks getting their latent value unlocked and their prices further appreciating through more patronage from overseas investors failed to materialise in 2021 as trade volumes lagged way behind their levels before the pandemic erupted.

From power to ports, ventures with support from China spur hopes for local recovery.

The Nithio platform gets a catalytic investment from the Shell Foundation funded by the Anglo-Dutch oil company Shell.

The funding spotlight turned toward Africa in 2021 as tech startups broke funding records, raising $5 billion across the continent, per TechCrunch.

DP World has begun construction of Senegal’s Ndayane deepwater port, the Dubai-based company’s biggest port investment in Africa

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion.

Ghanaian health tech startup mPharma is building a network of community pharmacies across Africa as it plans to be the go-to primary healthcare service provider for millions of people residing in the region.

The African Continental Free Trade Area (AfCFTA) risks being held back as most of the continent’s chief executives don’t know where to find information about it, a new survey finds.

For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry.