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Africa: $20m Democracy Fund Launched in West Africa Amid Surge in Pro-Military Sentiment
[ad_1] The fund is intended to support West African states currently facing various democratic challenges. A coalition of international donors has launched a new $20 million West Africa Democracy Fund (WADF) to promote democracy in the subregion, following growing pro-military intervention sentiments. The fund, set up by the Ford Foundation, […]
Africa: Tana Forum Postponed for Third Time Amid Ongoing Conflict in Amhara Region
[ad_1] Addis Abeba — The 11th Tana High-Level Forum on Security in Africa, originally scheduled for October 25-27, 2024, in Bahir Dar, Ethiopia, has been postponed for the third time, with the new dates now set for 2025. Originally planned for October 13-15, 2023, the forum was first rescheduled to […]
Africa: South Africa’s Potential for Oil and Gas ‘Significant’ – Mantashe
[ad_1] Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa's underexplored deep waters have significant potential for oil and gas. The Minister was speaking during Africa Oil Week held at the […]
Africa: Equator Africa Gets $5m From IFC for African Climate Tech Startups
[ad_1] TLDR Equator Africa, a VC firm supporting early-stage climate tech startups in sub-Saharan Africa, receives $5 million from IFC for innovation in the African climate sector. Initial close of $40 million in April aims to address funding gap for seed and Series A-stage startups in the region. Korea Green […]
Africa: Remittance Fintech Zepz Raises $267m to Fuel Expansion in Africa
[ad_1] TLDR Zepz, formerly WorldRemit, secures $267 million funding round for expansion in key African and global markets. Funding led by Accel with participation from Leapfrog, TCV, Coller Capital, and IFC. Zepz, operating WorldRemit and Sendwave, serves over 11 million users in 150 countries. Formerly known as WorldRemit, fintech company […]
Africa: SA, AU Commission to Hold Consultative Meeting On the G20
[ad_1] The Director-General of the Department of International Relations and Cooperation, Zane Dangor who serves as South Africa's G20 Sherpa, will host consultations on the G20 with his African Union Commission (AUC) counterpart, Ambassador Albert Muchanga. The session will be held on Thursday. Ambassador Muchanga is the G20 Sherpa and […]
