February 11
Mali: Mali Introduces Mobile Taxes to Fund Security Amid Rising Insurgency
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February 09
South Africa: Trump Freezes U.S. Aid to South Africa As Tensions Escalate
U.S. President Donald Trump halted all American aid to South Africa Friday, an escalation in already strained relations This follows alleged rights violations under a new… Read more »
Africa: Startbutton Enters Francophone Africa to Power Cross-Border Expansion
Startbutton is launching in seven Francophone African countries The Norrsken-backed startup helps businesses expand without physical offices The countries include Benin, Togo,… Read more »
East Africa: IMF Says Ethiopia Near Debt Restructuring Deal With Creditors
Ethiopia is close to finalizing debt restructuring talks under the G20's Common Framework The country defaulted on its $1 billion Eurobond in 2023 and has been negotiating with… Read more »
February 04
Africa: South Africa Factory Activity Contracts On Mozambique Disruptions
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South Africa: University Technology Fund II Launches With $21m Target for Innovation
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Africa: Qualcomm Opens Applications for 'Make in Africa' Startup Mentorship
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Nigeria: Nigerian Fintech Accrue Raises $1.58m to Expand Cross-Border Payments
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Egypt: Egypt's Paymob Secures UAE Retail Payment License to Expand Services
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February 03
Ghana: Ghana's Inflation Falls First Time in Five Months to 23.5 Percent
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Africa: Africa's Mobile Internet Market Heats Up As Demand Surges
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February 01
South Africa: South Africa's Rand and Bonds Fall Amid Eskom Power Cut Warning
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Tunisia: Tunisia's Foreign Reserves Drop 13 Percent After Eurobond Repayment
Tunisia's foreign-exchange reserves fell 13% in a single day, dropping from 26.7 billion dinars ($8.4 billion) to 23.3 billion dinars ($7.3 billion) The sharp decline follows the… Read more »
East Africa: Kenya's Inflation Stays Below 5 Percent in Boost for Rate Cut Prospects
Kenya's inflation rate remained below the central bank's 5% midpoint target for the eighth consecutive month Consumer prices rose to 3.3% in January from 3% in December, according… Read more »
East Africa: East Africa Breweries H1 Profit Rises for First Time in Three Years
EABL reported a 19% increase in first-half net income to $62.7M for the six months ending December 2024 That marks its first profit growth in three years while net revenue rose 2%… Read more »
East Africa: Kenya Power Declares First Interim Dividend in Nine Years
Kenya Power & Lighting Co. will pay a 0.20 shilling per share interim dividend for the first time in nine years This follows a 3025.4% surge in net profit to KSh 9.97 billion… Read more »
January 31
South Africa: South Africa Central Bank Cuts Rates Again On Inflation Risks
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January 30
Cote d'Ivoire: Ivorian Fintech Cauridor Gets $3.5m for Cross-Border Payment Rails
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January 28
Africa: Foreign Direct Investment Flows to Africa Hit Record $94b in 2024
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January 27
South Africa: Insight Terra Gets $5.7m to Scale Environmental Risk Platform
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South Africa: South Africa's Naked Raises $38m to Expand Digital Insurance Platform
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Kenya: Starlink Becomes Kenya's Eighth-Largest Internet Provider
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Africa: African Central Banks to Take Divergent Paths On Interest Rates
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Africa: Gates Foundation-Backed I3 to Invest $1.6m in African Health Startups
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Africa: Applications Open for Women Techsters Fellowship Program
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