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Driven by a youthful demographic, expanded internet connectivity, and a growing array of connected devices, African film and music is flourishing → Read More
"We could lose five or ten years worth of fixing electricity on the continent to bad regulation and special interests trying to hold on." → Read More
"Lady Buckits and the Motley Mopsters" faced the albatross of a lack of funding which is particularly acute for creatives in Nigeria. → Read More
Teams are potentially losing out on a cohort of soccer talent. Prospective players in Africa, meanwhile, are losing out on the opportunity of a lifetime. → Read More
Planet42 allows its customers skip the initial financial outlay of car ownership by renting cars on a monthly basis instead. → Read More
Sherpa Ventures will invest between $25,000 and $50,000 in pre-seed stage startups while targeting an equity holding of 5%. → Read More
The naira started the year at around 360 naira to the dollar on parallel markets but could soon cross the psychologically important "red line" of 500 naira. → Read More
Jumia is now mainly focused on enabling e-commerce in Africa → Read More
The move will likely be seen as another Trump immigration policy that disproportionately affects Africans → Read More
The ongoing closure of Nigeria's land borders has been cited as one of the causes of the unfolding food crisis. → Read More
It's the first investment in an African startup for Bezos' fund which has also backed global brands including Uber, Twitter and AirBnB. → Read More
Nigeria overtook China with the highest asylum claims to Canada in 2016 → Read More
Nigeria's land borders with Benin, Niger and Cameroon have been closed for a year amid a trade ban with its neighbors. → Read More
For the first time at group level, gross profit after delivery, sales and marketing costs was positive for Jumia. → Read More
Google's efforts are focused over ground because the cost and difficulty of laying underground fiber cables are a major barrier to connectivity in African cities. → Read More
Opening up its logistics network to third party users is Jumia's latest gambit as it looks to tread a path to profitability. → Read More
Remittances to the region are now projected to decline by 9% in 2020 and 6% in 2021—much lower than initially predicted → Read More
Nigeria's expected attempt at regulation will be the latest in an ever-growing list of African countries looking to implement questionable social media laws → Read More
The combination of a lack of vehicle emissions standards and high level of used car imports are worsening Africa's air pollution problem. → Read More
The United States' stance is a major complication given decisions at the 164-member global trade body are typically based on a consensus. → Read More