Amid a broader slowdown in funding for African tech startups, some investors continue to place strong bets on the continent’s innovation potential. Defying the overall trend, these top 10 investors have remained steadfast in supporting African tech in 2024, fueling growth and driving transformation across various sectors. SPECIAL REPORT | …
Read More »Kenyan-built fintech breaks traditional banks’ stronghold in Eswatini
A Nairobi-designed digital wallet service is nipping at the heels of Eswatini’s mainstream banks and telcos, proving that African expansion can be a gainful strategy for Fintech startups. SPECIAL REPORT | BIRD AGENCY | Instacash, a mobile money platform, has begun to break the decades-long hold of traditional banks …
Read More »Export bans bear fruit as Africa ramps up lithium refining capacity
As global competition intensifies to secure lithium supplies for batteries, Africa is increasing its capacity for in-country lithium refining, with a surge in investments after several countries banned exports of the raw mineral. SPECIAL REPORT | BIRD AGENCY | After banning exports of raw lithium in the face of …
Read More »Starlink seek greater market share in Africa with “game-changing” router-free service
Starlink’s intention to offer a router-free service would be a “wake-up call” for Africa’s telecom giants, according to one analyst, and could trigger a pricing war across Africa’s telecom sector, forcing traditional giants to innovate or risk losing their market stronghold. SPECIAL REPORT | BIRD AGENCY | Billionaire Elon Musk’s …
Read More »Ten African countries prioritising education
With Africa needing over US$77 billion annually to close existing education funding gaps, several countries are dedicating significant portions of their national budgets to the education sector. Here are the top 10 highest education sector spenders in Africa. SPECIAL REPORT | BIRD AGENCY | In April 2024, the African Union …
Read More »Kenya railway adopts Boeing-style luxury in first-class offering
Kenya’s high-speed rail offering just made rail travel a lot more luxurious, providing passengers with an experience to compete with business class flights SPECIAL REPORT | BIRD AGENCY | Spacious cabins, complete with fully reclining seats reminiscent of the business class on an aircraft, entertainment options, and fine dining experiences …
Read More »Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power
Forbes is set to construct a 50-storey hydrogen-powered building in Egypt, the first of its kind in Africa. This groundbreaking project represents a significant leap in hydrogen innovation and promises to pave the way for more sustainable skyscrapers across the continent. SPECIAL REPORT | BIRD AGENCY | Egypt is racing …
Read More »Paris 2024: How Africa performed in Paris and the road to the 2028 LA Olympics
In this concluding edition of the Paris 2024 series, Stephen Granger takes a closer look at Africa’s performances in Paris and maps out the continent’s journey toward the 2028 Olympics in Los Angeles. SPECIAL REPORT | BIRD AGENCY | For a little over two weeks, hundreds of thousands of Paris-based …
Read More »Smaller African economies are getting more investor attention
Despite their lower populations and economic sizes, investors are increasingly attracted to the stability and well-regulated environments of a number of Africa’s “smaller” markets like Rwanda. SPECIAL REPORT | BIRD AGENCY | Small African economies are punching above their weight to emerge as the most attractive to investors, bolstered by …
Read More »Africa muscles in on the semiconductor value chain
Prospects for high-tech manufacturing beckon for Africa as the United States moves to secure critical supply chains and cultivate a robust new frontier in the global semiconductor market. SPECIAL REPORT | BIRD AGENCY | Africa could finally insert itself into the chip-making value chain as the U.S. taps Kenya for …
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