Ventures Africa - African Business, Financial & Economic News
WEBBusiness. Kim-Fay partners with Norfund and I& M Bank on world-class facility at Tatu City, Kenya. Kim-Fay, a leading manufacturer and distributor of hygiene, tissue, and home care products in East Africa, has secured funding from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank for its new facility...
Meet the creative forces on TikTok’s inaugural Visionary Voices …
WEBAug 13, 2024 · A first of its kind, TikTok Africa’s visionary voices list consists of different honorees who are using their inventiveness in the industry to shift creativity while celebrating, praising, and promoting Africa. According to TikTok, these honorees showcase the spirit of African creation through their work. These individuals are not just creators.
11 mission-driven agritech startups in Africa you should know about
WEBDec 3, 2021 · Here are some mission-driven agri-tech companies in Africa you should know about: AgriProtein (Johannesburg, South Africa) Jason Drew founded Agriprotein in South Africa in 2016. The company diverts 100 tonnes of organic waste from landfills daily and produce over 2,000 tonnes of MagMeal annually. The company uses insects and technology to ...
The 5 Largest Retailers In South Africa
WEBAug 10, 2012 · Massmart Holdings Ltd. Massmart owns local brands such as Game, Makro, Builders’ Warehouse and CBW. It is the third largest distributor of consumer goods in Africa, the largest retailer of general merchandise, liquor and home improvement equipment and wholesaler of basic foods.It operates 302 stores in South Africa and 12 …
Eko Atlantic City: A Mammoth New Development On The …
WEBDec 3, 2012 · Why Lagos Needs Eko Atlantic City Lagos, which sits in the south-western region of western Nigeria, is a city perpetually on the brink of flooding. Bounded in the South by the Atlantic Ocean, the city is situated on the mainland, home to 70 percent of the city’s population with series of islands and a peninsula that holds the remaining 30 ...
Illovo: Leading The Business Of Sugar Production In Africa
WEBMay 5, 2012 · Established in 1891, Illovo, is currently one of the leading sugar producers globally with 47% of its revenue from South Africa. As one of the oldest sugar company in the world, Illovo prides itself as a low-cost sugar producer and a significant manufacturer of high-value downstream products. It has operations in six African countries including ...
Kuda Bank’s $500 million valuation - Ventures Africa
WEBAug 11, 2021 · Kuda, one of Nigeria’s leading fintech banks, recently announced a $55 million Series B funding led by Valar Ventures and Target Global, with a $500 million valuation.Other investors who took part included Japan-based Strategic Business Investor (SBI) Investment and previous angel investors. This latest round of funding comes just a few months after the company raised a $25 million Series A ...
Interview with South Africa’s richest man, Patrice Motsepe
WEBMar 4, 2012 · Loni Prinsloo recently interviewed Motsepe, a South African Entrepreneur who was named as South Africa’s wealthiest man in the Sunday Times Rich List. In the interview, Motsepe shared his excitement about the emergence of a new generation of African entrepreneurs. “There is a new generation of Africans that have studied in …
Top 10 African banks on the Banking 500 list for 2020
WEBMar 3, 2020 · It was placed at 390, up eight places from 398 in 2019. African banks outside of the top ten include Nigeria’s Zenith Bank which ranks 392, down from 391 in 2019; CIB (Egypt) at 397 – a jump from 455 last year; South Africa’s Rand Merchant Bank at 398 (down from 371); newcomers Access Bank (Nigeria) at 425 – it last made the global ...
AltSchool Africa: The unconventional institution bridging Africa's …
WEBNov 9, 2021 · The internet economy in Africa has the potential to reach $180 billion by 2025, accounting for 5.2 per cent of the continent’s GDP. In another 25 years, this number could rise to $712 billion, or 8.5 per cent of the continent’s GDP.