Africa Tech Summit, London to Showcase 12 Startups
The Africa Tech Summit, a high profile event that takes place this week in London on June 23rd 2023, has selected 12 Startups from this continent that will showcase at [...]
Kenya Sells Record 2.2m Tonnes of Carbon Credits to Saudi Firms
Kenya has sold more than 2.2 million tonnes of Carbon Credits at the Nairobi Auction to Saudi Arabia firms, the largest such transaction in the world. This purchase took place [...]Study Reveals Paths Readers Use to Access News Websites, Apps
News publishers will still have to rely on third party platforms as primary gateway to their online content, a new study; Digital News Report by Reuters Institute reveals. The study [...]
Flutterwave Teams Up with Token.io to Enhance Cross-Border Transactions
Fintech firm Flutterwave has announced a partnership with Token.io, a top account-to-account payment infrastructure provider in Europe, to offer Pay By Bank transfer services. This collaboration allows Flutterwave to give [...]KenGen Partners with German Govt to Boost Geothermal Energy by 40MW
Kenya's leading electricity generating company, KenGen, is set to add 40MW of geothermal energy to the national grid, thanks to Germany's support. This comes after German Chancellor Olaf Scholz launched [...]Ajay Banga Confirmed as World Bank President
The World Bank has appointed Ajay Banga as its new President, effective June 2, 2023, for a five-year term saying the appointment followed an open, merit-based, and transparent nomination process [...]U.S. investors managing over $1 trillion in assets attend AVCA Annual Conference in Cairo
From May 1 to 5, 2023, Prosper Africa led a high-level U.S. institutional investor delegation to Cairo, Egypt, to attend the Africa Private Equity and Venture Capital Association (AVCA) Annual [...]TBD and Yellow Card's Partnership Paves Way for Global Interoperability in Digital Payments
Block-owned open developer platform TBD recently partnered with African digital assets exchange platform Yellow Card to launch a platform that facilitates fiat on- and off-ramps and payments in 16 African [...]
First-Ever U.S.-Kenya Business Roadshow Kicks Off with $55 Million in Co-Investment Deals
The first-ever U.S.-Kenya Business Roadshow was launched in New York City on Tuesday, where the Prosper Africa initiative and the U.S. Embassy in Kenya gathered leading businesses, investors, and Kenyan [...]Commonwealth Finance Ministers Call for Systemic Reform of Global Financial Architecture
Finance ministers from various Commonwealth countries have called for a systemic reform of the global financial architecture to enhance access to development financing for vulnerable countries. This call for reform [...]US Govt's Prosper Africa Collaborates with Leading Companies to Fuel Africa's Technological Revolution
The US Government initiative, Prosper Africa, has launched the Tech for Trade Alliance in collaboration with the US Agency for International Development (USAID), major US companies and Government agencies. The [...]IMF Approves KES 2 Trillion Ukraine Loan
The International Monetary Fund (IMF) has announced that its executive board has approved a Ukraine loan program worth $15.6 billion (KES 2.07 trillion) over four years. This forms part of [...]
