Ojo Wisdom is not your average teenager. When the lights went out at his father’s printing press three years ago, 16-year-old Wisdom saw that as a spark for innovation. The post Meet Ojo Wisd...
https://venturesafrica.com/meet-ojo-wisdom-the-teen-innovator-of-nigerias-first-laptop-power-bank/
Technological advancements and strategic collaborations are the cornerstone of progress in Nigeria’s dynamic healthcare landscape. This April, the region is poised for a breakthrough as Medlab ...
The Ghana Revenue Authority (GRA) has announced measures to tax foreign income earned by Ghanaian residents. This applies to any resident who has lived in Ghana for 183 days or more in a year. ...
On June 26, 2023, the Kenyan president, William Ruto, passed the Finance Act 2023. The Finance Act introduced various measures and amendments to the Income Tax Act, Value Added Tax (VAT) Act,...
https://venturesafrica.com/re-thinking-revenue-mobilization-measures-in-kenya/
It is essential to note that the Nigerian gas sector is growing in a lot of relevant ways; in statute and in practice. The post Resolving disputes in the gas sector – Is arbitration a way to ...
https://venturesafrica.com/resolving-disputes-in-the-gas-sector-is-arbitration-a-way-to-go/
The Nigerian government recently launched a transparency app, called the Citizens’ Delivery Tracker App. The application allows citizens to track priority programs, policies, and projects initi...
https://venturesafrica.com/can-nigerias-citizen-delivery-tracker-app-deliver-transparency/
The website is now live for Finance Magnates African Summit 2024 (FMAS:24), the year’s largest professional event bridging the B2B and B2C space. The post Unlock the African continent in 20...
https://venturesafrica.com/unlock-the-african-continent-in-2024-with-fmas24/
Hitting the shores of Lagos, Nigeria is the Africa Technology Expo, an event set to showcase the best of African technology and connect key players in the tech ecosystem. The post Lagos plays h...
https://venturesafrica.com/lagos-plays-host-to-the-africa-technology-expo-this-june/
Shell Plc has filed complaints with US regulators against Venture Global LNG (VGL), the LNG exporter, for breach of contract to supply cargoes. The post Nigeria LNG Limited (NLNG) faces arbitra...
West Africa’s premier healthcare event, Medic West Africa, is returning for its 11th year! The post Medic West Africa 2024: A Catalyst for Progress in West African Healthcare appeared first ...
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Mobility Takes the Lead in Africa’s Slow Funding Year. ...
French media group Vivendi’s Canal+ has made a mandatory all-cash offer to acquire the remaining shares of South African broadcasting giant MultiChoice that they don’t already own. The post...
As the sun sets over Dubai’s glimmering skyline, a powerful gathering of women leaders from across Africa and beyond draws to a close. The post Ibukun Awosika elongates impact trail at 3rd In...
Choplife.ci marks a significant milestone in Mr Eazi’s journey within the iGaming industry, reflecting his dedication to African entertainment and digital innovation. The post Mr Eazi expands...
https://venturesafrica.com/mr-eazi-expands-into-the-sports-betting-industry-with-choplife-ci/
Central Securities Clearing System (CSCS) Plc has announced the appointment of Mr. Temi Popoola as the new Chairman of the Board, effective April 1, 2024. Popoola succeeds Mr. Oscar N. The post...
https://venturesafrica.com/cscs-plc-taps-temi-popoola-as-new-chairman-igniting-board-transformation/
The highly anticipated successor to vivo’s esteemed V series, the vivo V30, is set to make its debut in Kenya this April, marking a significant milestone for the global technology brand. The ...
https://venturesafrica.com/vivo-v30-5g-launching-in-kenya-step-into-the-future-with-style/
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Nigeria increases electricity tariff by over 200% Nigeria�...
In the biographical drama film, Hidden Figures, a scene unfolds where Katherine Johnson, a brilliant mathematician, hunches over a massive desk covered in papers. The post Beyond inspiration, w...
On December 10, 2023, the world celebrated the 75th anniversary of the Universal Declaration of Human Rights. While there is progress in establishing human rights globally, some issues beg for at...
https://venturesafrica.com/protecting-the-personal-data-of-africans-requires-adequate-legislation/
On March 20, 2024, Africa Global Logistics (AGL) signed the contract to manage the Walvis Bay Multipurpose Bulk Terminal in Namibia, in the presence of Tony Stenning, Regional Director South Afri...
In the bustling landscape of Nigeria’s healthcare sector, women stand as pillars of strength, resilience, and expertise. The post Empowering women in Nigerian healthcare: How Medic West Afric...
In the ever-evolving landscape of African financial technology, a notable shift is underway as regional financial institutions are increasingly leveraging blockchain technology to power innovativ...
At just 23 years old, Aline Mukamusoni has embarked on a journey that intertwines her personal history with the rich cultural heritage of her homeland. The post Rwanda’s Aline Mukamusoni is c...
Online gaming has become so popular due to its entertainment services and the social interaction it offers among players across the world. The post Best platform to sell gaming gift cards onlin...
https://venturesafrica.com/best-platform-to-sell-gaming-gift-cards-online/
GE Vernova (NYSE: GEV) announced today that its spin-off from GE (NYSE: GE) is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker ...
ThinkBusiness Africa, a leading voice in economic analysis and policy advocacy, is challenging the assertions made by the Corporate Accountability and Public Participation Africa (CAPPA) in its r...
https://venturesafrica.com/thinkbusiness-africa-questions-cappa-report-on-ssb-tax-in-nigeria/
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Naira makes a dramatic recovery in March The Nigerian Nair...
The world’s facing a bittersweet situation when it comes to chocolate. While demand remains strong, a shortage of cocoa beans is causing prices to skyrocket. Cocoa prices have surged to a rec...
https://venturesafrica.com/can-west-africa-leverage-the-chocolate-crisis/
On Sunday, March 24th, Senegal held its presidential elections. Bassirou Diomaye Faye, 44, is set to be declared winner. But his rise to the presidency is the biggest plot twist in this build-up....
https://venturesafrica.com/what-does-bassirou-diomaye-fayes-fairytale-victory-mean-for-senegal/
Africa Global Logistics (AGL), a leading player in logistics and port operations in Africa, officially launched the activities of its subsidiary AGL Lobito Terminal (ALT) during a ceremony presid...
“What support do you need?” Five simple yet critical words posed to me two weeks into navigating a new job and trying to write my MBA research paper due in four weeks. The post What support...
https://venturesafrica.com/what-support-do-women-entrepreneurs-need/
In a significant development for African creators, Meta, the parent company of Facebook and Instagram, announced plans to launch new monetization features in June 2024. The post Inside Nigeria ...
https://venturesafrica.com/inside-nigeria-and-kenyas-meta-monetization/
Embark on a journey into the vibrant and ever-evolving realm of digital entrepreneurship within Nigeria. The post The evolving landscape of digital entrepreneurship in Nigeria: Opportunities an...
Here are the top three events from last week in Africa’s business and technology space that you might have missed. The post Weekly Economic Index: Nigeria’s FX backlog clearance, Meta’s c...
The Aig-Imoukhuede Foundation has announced the graduation of the AIG Public Leaders Programme (PLP) Class of 2023 at its closing ceremony on March 20, 2024, in Abuja. The post The Aig-Imoukhue...
In February, Ethiopia’s government announced plans to reinvent its biggest city as an African medical tourism hub with a new $400 million hospital complex. The for-profit hospital ought to open...
https://venturesafrica.com/ethiopias-forex-crisis-is-causing-a-drug-shortage/
Exciting news for the West African healthcare sector. The post Medlab West Africa & Pharmaconex West Africa unveil the future of West African healthcare appeared first on Ventures Africa .
In October 2022, the United Arab Emirates (UAE) imposed a visa ban on Nigerians. The UAE authorities issued a notice to trade partners and travel agents, instructing them to reject all applicat...
To commemorate 2024’s International Women’s Day, Sterling One Foundation, in partnership with the Nigerian Exchange Group (NGX) and other crucial stakeholders, convened for the 10th annual Ri...
Since last week, Africa has faced unprecedented internet outages. Reports from Netblocks, an internet observatory, revealed that the disruptions are due to several damaged subsea cables. The po...
Coronation Group has unveiled its maiden Infrastructure Report. The post Coronation Group illuminates the rise of infrastructure investments appeared first on Ventures Africa .
https://venturesafrica.com/coronation-group-illuminates-the-rise-of-infrastructure-investments/
In an increasingly complex financial landscape, the importance of financial literacy cannot be overstated, especially for the younger generation in Nigeria, where the youth is a demographic at an...
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week Africa hit with Internet disruptions Last week, widespread ...
Lagos, Nigeria, is setting its sights on becoming a major player in the African gaming industry, targeting a 30% share of the continent’s market projected to reach $4.28 billion by 2024. The ...
https://venturesafrica.com/can-lagos-become-africas-gaming-hub/
Getting funding as an African startup founder is hard. It’s even harder when you’re a woman. The post How can Africa solve its gender funding gap? Brenda Wangari answers appeared first on ...
https://venturesafrica.com/how-can-africa-solve-its-gender-funding-gap-brenda-wangari-answers/
A few weeks ago, the Central Bank of Nigeria (CBN) held its first Monetary Policy Committee (MPC) meeting since its new governor resumed office, sparking anticipation after a five-month hiatus. ...
Here are the top three events from Africa’s economic space you probably missed last week. Nigeria’s stock market is on a defiant bull run. Nigeria’s economy may be downturned, but the stock...
As the continent surges forward in the digital age, there is a bustling landscape of tech accelerators emerging with the promise of providing platforms where innovation and entrepreneurship inter...
When Bolaji Sofoluwe was 16, she attended her first UNIFEM conference, the precursor to what is now known as UN Women. The post IWD2024: Why it has become paramount to invest in women-led busin...
Polycystic ovary syndrome (PCOS) is a complex hormonal condition that affects women of reproductive age. It presents a significant public health challenge globally, and Africa is no exception. ...
https://venturesafrica.com/navigating-pcos-in-africa-strategies-for-inclusive-healthcare-for-women/
Nigeria’s stock market (NGX) is having an enticing run. Last year, it was one of the world’s best performers, gaining 45.9%. But this year seems even hotter. The post Nigeria’s stock mark...
https://venturesafrica.com/nigerias-stock-market-is-defying-economic-realities/
Nigerian telecommunications company, MainOne has launched an Internet submarine cable in Akwa Ibom, Nigeria. The post Why MainOne’s internet submarine cable in Akwa Ibom comes with high expec...
Genesis Energy Group (“GENESIS”), one of Africa’s leading energy infrastructure and serial climate impact investors across Africa, announced today the signing of a Memorandum of Understandi...
If you’ve ever seen a film that was filmed in Georgia, USA, the evidence is unmistakable. After the movie credits, the Georgia Peach logo is prominently displayed. The post Why are film tax i...
https://venturesafrica.com/why-are-film-tax-incentives-not-common-in-africa/
Inlaks stands as a beacon of innovation and excellence in the technology sector, spearheaded by dynamic leaders who bring a wealth of experience and expertise. At the forefront is Henry. The po...
https://venturesafrica.com/meet-the-visionary-leaders-driving-inlaks-to-new-heights/
Many Nigerians remember February 2021 as the month the central bank made it illegal for banks to facilitate crypto transactions. The post After Binance’s crackdown, Nigerians are moving crypt...
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: MTN Nigeria suffers ₦137 billion loss, as naira plunges�...
At the start of the year, the conversation about African startups centred on a funding decline. Various reports showed that startup funding dropped by 39-65% compared to the previous year. The ...
https://venturesafrica.com/why-african-health-tech-was-resilient-amid-a-funding-downturn/
Thamani provides solutions that solve business problems across multiple disciplines and industries, with footprints in the Oil & Gas, Telecoms, Manufacturing, Financial Services, and the Public S...
Ever wondered why certain businesses flourish despite economic inflation? Inflation signifies rising prices, indicating a decline in purchasing power over time. The post Here’s why some busin...
https://venturesafrica.com/heres-why-some-businesses-thrive-despite-economic-inflation/
“Hello, Hello, can you hear me?” said student, Pere Juslin for the 20th time in frustration, as she tried to contact her sister over the phone. The post How much are consistent network outa...
https://venturesafrica.com/how-much-are-consistent-network-outages-costing-businesses-in-nigeria/
The Microsoft Talent Cloud powered by Gebeya is a central platform where Microsoft distributors, partners, and customers can further their digital transformation ambitions. The post Gebeya and ...
In the last few months, Multichoice, Africa’s largest pay TV operator, has made headlines for several significant developments. Late last year, the company experienced a substantial $1.7 billio...
https://venturesafrica.com/paramount-and-multichoice-deal-is-significant-for-several-reasons/
The Central Bank of Nigeria (CBN) finally held its first Monetary Policy Committee (MPC) meeting since its new governor resumed office. The post Key takeaways from the CBN’s MPC meeting appe...
https://venturesafrica.com/key-takeaways-from-the-cbns-mpc-meeting/
Despite boasting immense resources and a dynamic young population, unemployment remains a significant hurdle across Africa. The continent holds the highest global average youth unemployment rate ...
Since 2020, many African countries have struggled to recover to pre-pandemic times. The post Egypt’s road to economic recovery may take longer than expected appeared first on Ventures Africa...
https://venturesafrica.com/egypts-road-to-economic-recovery-may-take-longer-than-expected/
The event brought together legal professionals, esteemed clients, and sailing enthusiasts for camaraderie and celebration. The post Bloomfield LP celebrates 17th anniversary with spectacular sa...
A plethora of chat roulette apps now offer refreshing alternatives, connecting users randomly and facilitating conversations on diverse topics. The post Exploring the rise of video chatroulette...
https://venturesafrica.com/exploring-the-rise-of-video-chatroulette/
Welcome to a new week. Here are the top three stories you should keep in mind from Africa’s business space. The CBN is fighting for the naira. The post Weekly Economic Index: A fight for the ...
Before Kehinde Adetokun, 26, completed a two-year HND in Computer Science, he had undergone a one-year apprenticeship and started a fashion design business. The post Nigeria’ self-employment ...
When Javier Milei resumed office as Argentina’s new president in December, it marked a historic first. Never before had the country elected a doctrinaire libertarian to lead it. The post What...
https://venturesafrica.com/what-can-african-leaders-learn-from-javier-milei/
The United Nations (UN) has issued a warning about the escalating humanitarian crisis in the eastern region of the Democratic Republic of Congo (DRC), particularly highlighting the alarming incre...
https://venturesafrica.com/the-recent-dr-congo-rwanda-crisis-is-propelled-by-historic-tensions/
How do you tax a viral video? The post Can the government tax content creators in Nigeria? appeared first on Ventures Africa .
https://venturesafrica.com/can-the-government-tax-content-creators-in-nigeria/
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: IMF to establish a $1.3 billion climate change resilience ...
The impact of this Red Sea crisis on African countries is likely to be an incredibly mixed bag given the diversity of the countries on the continent. The post How is the Red Sea crisis affectin...
https://venturesafrica.com/how-is-the-red-sea-crisis-affecting-african-countries/
A recent report highlights a notable trend: European oil refineries are significantly increasing their demand for two pivotal West African crude oil grades, namely the Forcados and Egina blends. ...
https://venturesafrica.com/european-crude-oil-demands-could-tighten-supply-in-nigeria/
Dorman Long Engineering's three-quarter century existence speaks volumes about the company's strength, resilience, and adaptability. The post Nigerian industrial powerhouse, Dorman Long Enginee...
The biggest game on the African continent The 2023 Africa Cup of Nations (AFCON) came to a dramatic end on Sunday, February 11, with a nail-biting final between Ivory Coast and Nigeria. The pos...
Nigeria, Africa’s most populous nation and largest economy is facing a serious threat of food insecurity and malnutrition that could affect millions of its citizens this year. According to the...
https://venturesafrica.com/what-is-the-solution-to-nigerias-food-crisis/
Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: MultiChoice settles tax dispute with Nigeria for $37.3 mil...
A significant regulatory shift has swept across Nigeria’s beverage industry, impacting public health and economic landscapes. The post Nigeria’s sachet alcohol ban: Is cheap booze too high ...
https://venturesafrica.com/nigerias-sachet-alcohol-ban-is-cheap-booze-too-high-a-price-to-pay/
You know the saying, “Money makes the world go round”? Replace “money” with credit, and it will be just as valid. The entire financial space relies on credit. The post Africa has a stub...
https://venturesafrica.com/africa-has-a-stubborn-credit-problem-heres-why/
Logidoo, a rising star in the African logistics and e-commerce sector, has proudly announced a significant boost in its seed funding, securing $1,550,000. The post Logidoo strengthens position ...
The night of Monday, February 5th, was dark in Senegal — literally and metaphorically. The country’s parliament had just voted to postpone the elections by almost a year to December 15th. T...
https://venturesafrica.com/senegals-postponed-elections-threaten-its-economic-prospects/
MDP, the leading issuing & payment processing powerhouse in the Middle East and Africa, has appointed Frank Molla as the Managing Director of MDP Africa. The post Middle East and Africa digital...
Hage Geingob, Namibia’s President, died on Sunday, February 4th, in a Windhoek-based hospital where he was receiving treatment for cancer. He was 82. His Vice President, Nangolo Mbumba, announ...
https://venturesafrica.com/what-will-namibias-hage-geingob-be-remembered-for/
Over 800 children will lead Africa’s football stars onto the pitch during the TotalEnergies CAF Africa Cup of Nations, Cote d’Ivoire 2023. The post Visa Player Escort Program makes dreams c...
https://venturesafrica.com/visa-player-escort-program-makes-dreams-come-true-for-ivorian-children/
The first African musician to win a Grammy was Miriam Makeba, a South African singer and activist, who won Best Folk Recording in 1966 for her album with Harry Belafonte. The post Grammys’ Af...
https://venturesafrica.com/grammys-african-award-a-boon-or-buzzword-for-the-continents-music-scene/
IHS Nigeria has implemented mobile network coverage in over 580 previously unconnected rural communities in Nigeria through its rural telephony program. The post GICL completes the rollout of 1...
https://venturesafrica.com/gicl-completes-the-rollout-of-10000km-of-fiber-optic-cables/
It’s the start of another week. And these are the top three stories you should keep in mind from Africa’s business space. The post Weekly Economic Index: CBN’s new rules, Namibia’s Pres...
Last night, The Royal Academy of Engineering celebrated the 10th anniversary of the prestigious Africa Prize for Engineering Innovation by awarding a special medal to the creator of Pelebox, a sm...
Nigeria made another steep devaluation of its currency this week — the second in eight months. The post Can Nigeria’s currency devaluation attract investors? appeared first on Ventures Afr...
https://venturesafrica.com/can-nigerias-currency-devaluation-attract-investors/
Over the weekend, the African political landscape took an unexpected twist when three West African nations- Niger, Mali, and Burkina Faso- led by the military juntas, announced their immediate ex...
In 2013, Aliko Dangote, a Nigerian businessman and the richest man in Africa, unveiled the first plans to build a refinery in Nigeria. He had secured about $3.3 billion in financing for the pro...
https://venturesafrica.com/why-is-the-dangote-refinery-importing-crude-from-the-us/
Identity fraud is one of the fiercest sieges accompanying the rise of digital technology. Yet many African countries seem to have their guard down against it. The post National IDs are the most...
https://venturesafrica.com/national-ids-are-the-most-used-documents-for-identity-fraud-in-africa/
A year ago, Sandra Ubochi latched on to the love-season frenzy, hoping to sell curated “Valentine packages” via social media. That venture failed as she made no sales. The post My pivot jou...
https://venturesafrica.com/my-pivot-journal-sandra-udechi-went-from-sales-rep-to-defi-expertise/
Netflix was the first global streamer to enter Africa in 2016. Since then, the streaming industry in Africa has been transformed by local players, global competitors, and new entrants. The post...
Before writing this article, I casually surveyed a few Lagos residents, asking how they felt about living here. They all had one thing in common: a love-hate relationship with the coastal mega-ci...
https://venturesafrica.com/lagos-19th-best-city-in-the-world/
“Bring your plates” was Chicken Republic’s cheeky response to Lagos state’s sudden ban on styrofoam and single-use plastics. The post Can Nigerians adapt to a plastic-free future? appe...
https://venturesafrica.com/can-nigerians-adapt-to-a-plastic-free-future/
Three years ago, the Central Bank of Nigeria (CBN) banned commercial banks from conducting cryptocurrency transactions. The post Why Nigeria and Kenya are slowly embracing crypto regulations a...
https://venturesafrica.com/why-nigeria-and-kenya-are-slowly-embracing-crypto-regulations/