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 ...
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 ...
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 ...
Procter & Gamble To Invest $170m In South Africa
WEBApr 3, 2013 · Leading Global consumer product manufacturer, Procter & Gamble (P&G) has revealed plans to invest about R1.6billion ($170 million) to build a multi-category manufacturing plant in South Africa to serve its consumers in Eastern and Southern Africa. The plant which is expected to create over 500 jobs will manufacture products like detergents and ...
Appzone relaunches BankOne, a digital core banking solution for …
WEBOct 12, 2021 · Appzone, the Pan-African fintech software provider building proprietary solutions for the continent’s banking and payments industries, has announced the Pan-African launch of BankOne, its digital core banking solution now re-engineered to serve the continent’s leading fintechs, neobanks and challenger banks.. BankOne’s relaunch follows Appzone’s Series A raise in April 2021, the ...
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 …
South Africa’s Evraz Highveld Steel Gets Empowerment Partner
WEBAug 13, 2014 · South Africa’s Evraz Highveld Steel Gets Empowerment Partner. Global steel giant and London-listed firm, Evraz plc, on Wednesday said a South African-based black-owned steelmaker, Macrovest 147, had acquired 34 percent stake in its subsidiary the JSE-listed Evraz Highveld Steel and Vanadium for …
These are the top 10 feminist countries in Africa
WEBMar 5, 2016 · Joyce Banda, Ellen Johnson Sirleaf, Ngozi Okonjo-Iweala, Nosiviwe Mapisa-Nqakula and Nkosazana Dhlamini-Zuma are examples of women who are changing the narrative on gender inequality in Africa. Ventures Africa has compiled a list of African countries whose policies are favourable to women and the quest for equality. Rwanda.
The 10 Richest Women In Africa - African Female Entrepreneurs
WEBJul 16, 2012 · Isabel Dos Santos. Dos Santos, 39, is the oldest daughter of Angolan President José Eduardo dos Santos. The millionaire businesswoman is estimated to be worth over $50 million, with interests in oil and diamonds. She also has shares in Angolan cement company Ciminvest and the Banco Africano de Investimentos. She is …
The biggest challenge facing new businesses in Africa is financing
WEBJul 24, 2015 · According to the survey, financing is the biggest challenge facing new businesses. Another challenge is the paucity of high-skilled workers, as well as information on markets and government support. The International Finance Corporation (IFC) estimates that up to 84% of small and medium-sized enterprises (SMEs) in …