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Author: BTA2023

BTA2023

Entrepreneurship
Kenyan Startup Zeno Raises $25 Million to Expand Electric Motorcycle Production

Kenyan Startup Zeno Raises $25 Million to Expand Electric Motorcycle Production

Kenyan electric mobility startup Zeno has raised $25 million in Series A funding to scale production of its electric motorcycles and expand its battery-swapping infrastructure across East Africa. The investment reflects growing global interest in

Business
Ethiopia Introduces Emergency Fuel Subsidies as Global Oil Prices Surge

Ethiopia Introduces Emergency Fuel Subsidies as Global Oil Prices Surge

The government of Ethiopia has introduced emergency fuel subsidies to shield consumers and businesses from rising global oil prices triggered by tensions in the Middle East. Authorities say the subsidies will help stabilize the domestic

Business
Nigeria’s EFCC Returns $270,000 in Recovered Fraud Proceeds to U.S. and South Africa

Nigeria’s EFCC Returns $270,000 in Recovered Fraud Proceeds to U.S. and South Africa

Authorities in Nigeria have returned more than $270,000 in recovered fraud proceeds to victims in the United States and South Africa, highlighting increased international cooperation in combating financial crime. The restitution was carried out by

Business
Ghana Plans LPG Cylinder Import Ban to Boost Local Manufacturing

Ghana Plans LPG Cylinder Import Ban to Boost Local Manufacturing

The government of Ghana is preparing to ban the importation of liquefied petroleum gas (LPG) cylinders as part of a strategy to boost local manufacturing and expand the use of cleaner cooking fuels nationwide. According

Business
Nigeria’s Satellite Network Faces Possible Disruption Over $11.4M Debt Dispute

Nigeria’s Satellite Network Faces Possible Disruption Over $11.4M Debt Dispute

Nigeria’s satellite communications infrastructure could face operational disruptions after a Chinese contractor issued a 30-day ultimatum over unpaid service fees, raising concerns about the sustainability of the country’s space and telecom infrastructure. China Great Wall

Business
Kenya Considers $1.7 Billion Railway Upgrade to Transport Crude Oil to Indian Ocean Port

Kenya Considers $1.7 Billion Railway Upgrade to Transport Crude Oil to Indian Ocean Port

The government of Kenya is considering a $1.7 billion railway project aimed at transporting crude oil from its north-western oil fields to the Indian Ocean by 2030, as part of efforts to strengthen the country’s

Technology
Africa Becomes Key Battleground as DeepSeek Challenges US Tech Giants in AI Race

Africa Becomes Key Battleground as DeepSeek Challenges US Tech Giants in AI Race

Africa is rapidly emerging as a strategic battleground in the global artificial intelligence race, as Chinese AI models gain traction while major US technology companies ramp up investment across the continent. Chinese startup DeepSeek is

Business
Ghana Moves to Table UN Resolution Declaring Transatlantic Slave Trade ‘Gravest Crime in Human History’

Ghana Moves to Table UN Resolution Declaring Transatlantic Slave Trade ‘Gravest Crime in Human History’

The government of Ghana is preparing to introduce a resolution at the United Nations General Assembly that would formally declare the Transatlantic Slave Trade the “gravest crime in the history of humankind.” The proposal, backed

Technology
African AgTech Funding Falls Nearly 20% in 2025 Amid Shift in Investor Strategy

African AgTech Funding Falls Nearly 20% in 2025 Amid Shift in Investor Strategy

Investment in Africa’s agricultural technology sector declined sharply in 2025, with total funding falling nearly 20% to below $170 million, highlighting a changing investment landscape for startups building solutions in agriculture. According to the State

Technology
Mastercard Reaffirms Commitment to Nigeria’s Digital Economy at Lagos Tech Fest 2026

Mastercard Reaffirms Commitment to Nigeria’s Digital Economy at Lagos Tech Fest 2026

Global payments technology company Mastercard has reaffirmed its commitment to strengthening the digital economy in Nigeria, highlighting the country’s central role in Africa’s rapidly growing fintech ecosystem. Speaking during Lagos Tech Fest 2026, Mastercard emphasized