Saturday, August 22, 2026

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Jumia Secures $50 Million From IFC, Axian as African E-Commerce Giant Closes In on Profitability

Flashnews AGN -
African e-commerce company Jumia has secured $50 million in fresh equity from investors led by the World Bank Group’s International Finance Corporation and pan-African...

Morocco Names $1 Billion, 1,055-km Highway After Donald Trump

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Morocco has named its flagship $1 billion, 1,055-kilometre Tiznit-Dakhla Expressway after U.S. President Donald Trump, a move widely viewed as recognition of his 2020...
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Canva Founders Commit $150 Million to Malawi Cash Transfer Programme

Latest AGN -
Canva founders Melanie Perkins and Cliff Obrecht have committed $150 million to expand an ambitious cash transfer programme in...

Somaliland Offers U.S. Strategic, Exclusive Access to Critical Minerals to Counter China

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By Abdishakur Mohamed. The global race for critical minerals is entering a new phase, and an unexpected player is stepping...

MASA 2026 Opens in Abidjan as Africa’s Performing Arts Converge

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The economic capital of Côte d'Ivoire, Abidjan, has once again turned into a continental stage as MASA Abidjan 2026...

MTN Returns to Profit With $2.8 Billion Pre-Tax Earnings in 2025

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MTN Group has reported a strong financial rebound, recording $13.1 billion in service revenue and a pre-tax profit of...

ShafDB, African Union sign deal to tackle Africa’s housing and Urban development challenges

Business AGN -
Shelter Afrique Development Bank (ShafDB) and the African Union (AU) have signed a ground-breaking Memorandum of Understanding (MOU) to...

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