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Africa

Canada opens women’s sitting volleyball World Cup with win over Brazil

by Virginia Chavez
Canada opens women’s sitting volleyball World Cup with win over Brazil

Canada opened the 2023 WPV Sitting Volleyball World Cup with a victory over Brazil on Monday in Cairo. No. 2 Canada got its toughest competition out of the way in its …

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Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises $7M led by Ventures Platform and MaC VC

by Edgar Davis
Shekel Mobility, a B2B marketplace for auto dealers in Africa, raises M led by Ventures Platform and MaC VC

The World Economic Forum states that Africa has an average annual demand for 2.4 million cars and 300,000 commercial vehicles. This demand is increasing because of a continent-wide increase in …

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Cheetahs change hunting habits on hot days, increasing odds of “unfriendly encounters” with other big cats, study finds

by Walter Watson
Cheetahs change hunting habits on hot days, increasing odds of “unfriendly encounters” with other big cats, study finds

Cheetahs are usually daytime hunters, but the speedy big cats will shift their activity toward dawn and dusk hours during warmer weather, a new study finds. Unfortunately for endangered cheetahs, …

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Former Guinean dictator Moussa Dadis Camara broken out of prison in heavily armed raid

by Walter Watson
Former Guinean dictator Moussa Dadis Camara broken out of prison in heavily armed raid

Moussa Dadis Camara, the former dictator of Guinea, was on Saturday taken from prison by a heavily armed commando during an operation that sparked heavy gunfire in the capital Conakry, …

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Norrsken22’s debut fund closes at $205M to back growth-stage startups in Africa

by Edgar Davis
Norrsken22’s debut fund closes at 5M to back growth-stage startups in Africa

It’s exciting times for growth-stage investment in Africa as Norrsken22, a Pan-African venture capital firm, achieves the final close of its debut fund, raising a total of $205 million, surpassing …

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Navigating the complex terrain of China-Africa debt relations

by Akin Smith
Navigating the complex terrain of China-Africa debt relations

Africa’s mounting debt crisis could undermine the continent’s economic progress and stability. The problem has worsened with the economic fallout of the COVID-19 pandemic, the war in Europe, and the …

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Japan’s SBI Holdings commits $40M to anchor Novastar Ventures future funds

by Edgar Davis
Japan’s SBI Holdings commits M to anchor Novastar Ventures future funds

SBI Holdings, a Japanese financial services conglomerate and one of the largest venture capital firms in the East Asian country, has made a $40 million multi-fund commitment to anchor pan-African …

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King Charles to acknowledge “painful aspects” of U.K., Kenya’s shared past on visit to the African nation

by Kwame Phillips
King Charles to acknowledge “painful aspects” of U.K., Kenya’s shared past on visit to the African nation

Nairobi, Kenya — King Charles III is in Kenya for his first state visit to a Commonwealth country as monarch. He will acknowledge the “painful aspects” of the countries’ shared history …

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MarketForce exits three markets, set to launch a social commerce spinout

by Edgar Davis
MarketForce exits three markets, set to launch a social commerce spinout

Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch …

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‘Basketball was life-changing’: Canada’s Laeticia Amihere finds confidence on court

by Virginia Chavez
‘Basketball was life-changing’: Canada’s Laeticia Amihere finds confidence on court

On the basketball court is where Canada’s Laeticia Amihere thrives.  Insecure about her height growing up, it was the moment she traded the pitch for the hardwood that she felt like …

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