Oliver Alawuba, the group managing director (GMD) of the United Bank for Africa (UBA), says Africa has sufficient capital to drive its transformation -- but the challenge lies in the misalignment of ...
The cost of living across major African cities has surged in 2025, fueled by inflation, currency fluctuations and rising housing and transport costs. According to multiple sources, including Numbeo's ...
African startup funding has seen a significant decline of more than 50% over the past three quarters compared to the previous year, as reported by The Big Deal. To date, startups on the continent have ...
The total value of private capital deals reported in Africa hit a record $7.4 billion in 2021, more than double the previous year's total, amid pent-up demand following a COVID-19-related hiatus. The ...
African private capital fundraising more than doubled to $4.0 billion in 2024, representing the third highest final close value on the continent in the last decade. The 2024 African Private Capital ...
The inaugural panel of the Africa Financial Industry Summit (AFIS) 2025 presented a firmer stance on the future of the African economy.
The integration of African capital markets will foster cross border investments and deepen the regional financial markets. To foster collaboration and enhance the understanding of the opportunities ...
When Nigeria moved its capital from Lagos to Abuja in 1991, it was partly to find a “neutral ground,” a city not tied to any prominent tribe, region, or coastal chaos; thus, Abuja became the centre of ...
Knife Capital, a South African venture capital firm, is raising a $50 million fund for startups looking to raise Series B financing. With Knife Fund III called the African Series B Expansion Fund, the ...
While there are some expectations that sub-Saharan Africa’s debt and equity markets will follow suit in the months ahead, this may not materialise, partly because global investors are gravitating ...