More African founders secure $1M+ Funding in new trend

More African founders secure $1M+ Funding in new trend

By Seth Onyango, bird story agency Start-ups in Africa are increasingly hauling in US$1 million or more in funding, even as the investment climate on the continent cools off. Data from Africa: The Big Deal, shows ventures raising over US$1 million thrive due to their bankability, suggesting a selective but keen interest from investors amidst a cautious investment backdrop. "While the amount raised quarterly is […]

April 10, 2024 6

Africa

Ethiopia’s first stock exchange on horizon as it begins licensing investment banks

By Conrad Onyango, bird story agency Ethiopia has entered the final stage of its first stock exchange launch, as the country’s Capital Market Authority begins to on-board foreign investment banks from the second week of February. The regulator announced that it will start issuing investment bank licenses from February 12th 2024- the first time in the country’s history and after six ‘rigorous’ months of developing guidelines to […]

February 14, 2024 12

Namibia

Nghoshi urges youth to refrain from illegal activities

Erongo Regional Youth Forum Chairperson, Serron Nghoshi, has called on the youth in the region to refrain from indulging in illegal activities that will result in them ending up on the wrong side of the law, especially during the festive season. Nghoshi, in a festive season message availed to Nampa, urged the youth to rather focus on being responsible and respectable and to identify the opportunities that are being […]

December 12, 2023 9

Africa

Geingob and counterparts reassure children of rights and safety

The leaders of Namibia, Botswana, Zambia and Zimbabwe have reiterated their commitment to providing a safer environment for children in their countries. President Hage Geingob, President Mokgweetsi Masisi, Minister of Community Development and Social Services Doreen Mwamba and Vice President Kembo Mohadi attended the UNICEF World Children’s Day commemoration in Walvis Bay on Sunday, joining over 500 children and dignitaries from the four countries. The three-day event was held under […]

November 21, 2023 9

Namibia

UNDP regional bureau cluster meeting hosted in Windhoek

Namibia is harnessing the collective strength of the global community to address shared challenges, create opportunities for its citizens, and contribute to a more sustainable and prosperous world, Minister of International Relations and Cooperation, Netumbo Nandi-Ndaitwah has said. Speaking during the United Nations Development Programme (UNDP) Regional Bureau Cluster meeting in Windhoek on Monday, Nandi-Ndaitwah said the realisation of the Sustainable Development Goals (SDG) for Namibia necessitates a joint commitment, […]

November 21, 2023 6