Ventures Africa - African Business, Financial & Economic News
Africa’s Tech Ecosystem: Innovation Thrives Amid Funding Challenges. Techup Africa launches TAMP 2024 to empower 1,000 young Africans with tech skills through scholarship. $40 000 in prize money won by four leading African entrepreneurs. Advancing financial inclusion: TBD’s vision for Africa’s digital future. Business.
Ventures Africa - African Business, Financial & Economic News
Business. ODEON tours targets 620,000 tourists in Egypt for 2024 with new headquarters expansion. Saudi Arabia to convene global mineral sector at fourth future minerals forum in January 2025. African fintechs will embrace blockchain in the coming years and here’s why. Kenyan youth justifiably target IMF and government in anger.
AfricaBusiness+ unveils first ranking of top private equity firms in ...
Dec 27, 2023 · The continent, projected to raise about $3 billion in funds in 2023, is still a marginal player in the global private equity industry, which is expected to raise $1,100 billion. The reluctance of international private investors and the departure of large firms like Carlyle and KKR underscore Africa’s isolation in this domain.
What you should know about the Indorama, Nigeria-based urea …
Jan 26, 2023 · Agriculture places a critical role in the sustenance of lives and livelihoods on the continent. A 2019 McKinsey report emphasised the role of agriculture in Africa, which has a massive social and economic footprint.
How Nigeria can accelerate the uptake of CNG powered vehicles
Aug 10, 2023 · President Tinubu recently announced an investment of N100 billion between July 2023 and March 2024 to acquire 3000 units of 20-seater CNG-fuelled buses has been made. However, beyond governmental procurement, a trend of personal acquisition of gas-powered vehicles and the conversion of existing fuel-based vehicles to gas among Nigerians has ...
Lord Of The Mines: Billionaire Patrice Motsepe - Ventures Africa
Jul 17, 2012 · From a low-level mining services business, Motsepe has built one of Africa’s largest mining companies. In 2010 ARM had revenues of about $2 billion and the company currently employs over 9,500 people. As a result of his 40 percent stake in ARM, Motsepe is now one of Africa’s wealthiest men, with a net worth estimated at close to $3 billion.
Africa’s Most Innovative Banker – FNB CEO, Michael Jordaan
Sep 29, 2013 · Business. Africa’s Most Innovative Banker – FNB CEO, Michael Jordaan. Six months after starting his PhD thesis on Banking Supervision, a young Michael Jordaan saw the following recruiting advertisement for Rand Merchant Bank’s (RMB) “Class Of” programme in a newspaper: “Archie and Ben were professional golfers and keen rivals.
Kuda Bank’s $500 million valuation - Ventures Africa
Aug 11, 2021 · Kuda, one of Nigeria’s leading fintech banks, recently announced a $55 million Series B funding led by Valar Ventures and Target Global, with a $500 million valuation.Other investors who took part included Japan-based Strategic Business Investor (SBI) Investment and previous angel investors. This latest round of funding comes just a few months after the company raised a $25 million Series A ...
A Look At Nigeria’s First Automobile Manufacturer
Nov 3, 2013 · This man is responsible for launching Africa’s first indigenous motor brand: Innoson Vehicle Manufacturing Company (IVM), though his journey has not been without challenge. Industry and Infrastructure. For many years, Nigeria, with its population of some 160 million people, has been a significant market for many of the world’s automobile ...
Entrepreneurial Lessons From Dr. Myles Munroe - Ventures Africa
Nov 10, 2014 · Following the tragic plane crash that killed Dr. Myles Munroe, a preacher, author, motivational speaker and business coach, along with his wife Mrs. Ruth Ann Munroe, Ventures Africa has teamed up with Mara Mentor, an online community that enables ambitious entrepreneurs to connect with experienced and inspiring business leaders, to list the entrepreneurial lessons we should all embrace from ...