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Gebeya and PROFF-IT (VukaOS) Forge Strategic Alliance to Redefine African Startup Creation
Gebeya Inc., the pan-African Al technology company behind Dala Studio, and PROFF-IT Investment Group (Pty) Ltd, trading as VukaOS, today announced a strategic alliance to transform how African startups are conceived, built, and scaled. The partnership integrates VukaOS, an Al-driven Ideation and Go-...
UN Secretary-General backs South Africa’s work to establish an International Panel on Inequality
The Secretary-General of the United Nations, Antonio Guterres, has warned that inequality is “eroding trust, deepening polarization, and destabilizing economies”, as governments and experts meet in Johannesburg to begin establishing an International Panel on Inequality, inspired by the Intergove...
Managing Allegations and Investigations in Africa’s Development Sector
By BEHAK – Non-governmental organizations operate in environments where public trust is essential to their ability to deliver programs effectively. Because NGOs often work with vulnerable communities, public funds, and international partnerships, their activities are frequently subject to scru...
Over 100 firms join Addis Chamber trade fair
More than 100 local and international companies have gathered at the Addis Ababa Exhibition Center for the 27th Addis Chamber International Trade Fair, which opened on Saturday under the theme “Sustainable Businesses, Competitive Ethiopia.” The three-day fair is organized by the Addis Ababa Cham...
EDIF Collects 6.76 Billion Birr in Premiums over Nine Months
The Ethiopian Deposit Insurance Fund (EDIF) has released its nine-month performance report for the 2018 fiscal year, announcing that it successfully collected 6.76 billion birr in premiums. This performance represents 100% of the set target and shows a 31.26% growth compared to the same period last ...
Nigerai Trade Regulatory Update: National Single Window Platform launch and import restrictions
Introduction Nigeria’s trade regulatory landscape has recently seen developments aimed at improving trade administration and strengthening import controls. In particular, the Federal Government has announced the launch of the National Single Window Platform (the “Platform”), a digital system d...
Safe vs Convertible Notes: Navigating financing options in Nigeria
Introduction Financing is an important component of every company’s formation and growth. For early-stage companies, founders often face the important decision of selecting the investment model that best supports the company’s development. While there are several financing options available such...
Entering Nigeria’s Venture Capital Market: Regulatory clarity, capital thresholds, and structuring pathways for investors
Introduction Nigeria’s venture capital (VC) sector has evolved from an informal, relationship-based market into a structured ecosystem shaped by various laws and regulatory requirements including regulations provided by the Securities and Exchange Commission (SEC). As local and international VCs p...
Project New Nigeria expands education support in Bayelsa
Project New Nigeria has extended its student support programme to Niger Delta University, awarding scholarships and digital devices to students as part of a wider effort to improve access to education and civic participation in the Niger Delta. The initiative, founded by Samuel Kaley Nzidee, held th...
FG raises workers’ allowances to cushion economic hardship
…approves 100% exit package The federal government approved an increase in peculiar allowances and other welfare benefits for civil servants on Friday, in a new push to cushion prevailing hardship by increasing take-home pay. The new scheme also provides 100% of a retiree’s full emolument...
What Makes IMF Optimistic About Ethiopia’s Economic Reform Amid Global Shocks
Ethiopia launched an ambitious economic reform program at the start of the 2024/25 budget year, backed by international partners such as the IMF and World Bank. Nearly two years on, the reforms have begun to reshape the country’s fiscal and monetary landscape, strengthening exports, revenues, and ...
Family offices emerge as Nigeria’s quiet response to tax transparency push
As Nigeria expands tax surveillance and real-time reporting systems, wealthy individuals are increasingly turning to structured family offices to manage assets, maintain compliance, and retain control over their financial affairs. This shift reflects a growing adjustment in how private wealth is str...
Twenty-nine women leaders complete training to boost Nigeria’s health sector
Twenty-nine women leaders across Nigeria’s health sector have completed the 2025 Nigeria Leadership Journey(NLJ), a 12 month leadership development programme delivered through a partnership between WomenLift Health and Women in Leadership Advancement Network. The programme culminated in a two day ...
Ogun Commissions Summit Factory in Ota
The Ogun State Government has commissioned the ultra-modern manufacturing facility of Summit Household Solutions, in Ota, further strengthening the state’s position as a major industrial hub while advancing efforts to improve public health and hygiene standards across the country. Summit House...
Àrgentil Capital gets $75m backing for SME fund across Nigeria, Ghana
Àrgentil Capital Management Limited has secured international backing to advance plans for a $75 million private equity fund targeting small and medium-sized businesses in Nigeria and Ghana, in a move aimed at unlocking domestic pension capital for a segment long starved of funding. The Lagos-based...
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