Investments
Octavia Carbon Secures $5 Million Seed Funding to Launch Direct Air Capture Plant
Kenyan cleantech startup Octavia Carbon has successfully raised $5 million in seed funding to develop its Direct Air Capture (DAC) storage plant. This...
Aya Data Raises $900,000 to Scale AI Solutions
Ghana-based AI consultancy startup Aya Data has secured $900,000 in seed funding to scale its two key products—AyaGrow and AyaSpeech—and expand its talent...
Nigeria Partners with Ericsson to Launch 5G Innovation Lab
Nigeria has signed a Memorandum of Understanding (MoU) with Swedish telecommunications giant, Ericsson, to establish a 5G Innovation Lab. This collaborative effort aims...
Chinese Firm to Invest $300 Million on Steel Plant in Nigeria
Inner Galaxy Steel Company Limited, a Chinese steel manufacturer, has announced plans to invest $300 million in establishing a new steel plant in...
Nigeria’s Lithium Dream Gets a Big Boost
Nigeria’s plans to establish itself as a key player in the global supply chain for critical minerals, particularly lithium, have taken an unexpected...
Japan’s Toyo to Build Solar Cell Factory in Ethiopia
Toyo, a leading Japanese solar energy company, has announced plans to establish a solar cell manufacturing plant in Ethiopia. This strategic move is...
Nigeria’s Capital Inflows from BRICS Surge by 189% in 2024
Nigeria has witnessed a remarkable 189% increase in foreign capital inflows from BRICS nations during the first half of 2024, according to data...
Top Foreign Investors in Nigeria in Q2 2024
Nigeria’s capital importation figures for the second quarter of 2024 reveal a dynamic and evolving landscape for foreign investments. According to the National...
Nigeria Attracts $5.97 Billion in Investments in First Half of 2024
Nigeria secured $5.97 billion in capital importation during the first half of 2024, according to a recent report by the National Bureau of...
Don't Miss
German state data point to higher national inflation as Iran war pushes energy prices up
Preliminary data from several German states indicate that inflation in Germany is set to rise at the national level, driven largely by surging...
Foreign investors flee Indian assets at record pace on oil shock, pummel rupee
Foreign investors have pulled money out of India at an unprecedented pace as surging global oil prices and geopolitical uncertainty rattled markets, putting...
