• Morocco’s Jobzyn secures pre-seed funding from pan-African fund Janngo Capital.• Startup uses AI to match candidates, assess soft skills, and streamline hiring.• Investment aims to cut unemployment in Africa, where job creation lags demand. Jobzyn, a Moroccan startup developing artificial intelligence-based recruitment solutions, has raised pre-seed funding from pan-African investor...

• Acumen rolls out second KawiSafi fund with $90 million capital, $40 million secured.• Fund targets 50 million people, avoiding 50 million tons of CO₂ emissions.• Focus on clean energy, transport, nature-based solutions, and carbon markets. Impact investment platform Acumen has launched its second KawiSafi fund to support climate solutions in Africa. With an approved capital...

• Wema Bank secures 150 billion naira ($100 million) through rights issue.• Capital rises to 214.7 billion naira, above central bank’s 200 billion naira threshold.• Bank strengthens ability to fund businesses, SMEs, and infrastructure projects. Wema Bank, one of Nigeria’s oldest financial institutions, announced yesterday it has successfully completed a capital raise of 150 billion...

• Leviathan Gold will acquire Cura Botswana, issuing 37M shares and 5.5M warrants, with Cura holders owning 42.9%.• The deal includes 16.5M contingent shares tied to defined uranium and copper resource milestones in Botswana projects.• Cura brings 12,000 km² of copper and uranium assets in Botswana, diversifying Leviathan beyond gold into energy transition metals. Leviathan Gold Ltd. has...

World Bank says 70% of IDA21’s $100bn concessional funds may go to Africa, Bloomberg reports. 44 African countries, majority of IDA beneficiaries, are eligible to monitor the new cycle. Donor pledges of $23.7bn are leveraged into $100bn, with Africa expected to secure $70bn. The World Bank has affirmed its commitment to Africa, with up to 70% of the...

Africa registered a 12% increase in international tourist arrivals in H1 2025, the highest global growth. North Africa and Sub-Saharan Africa both achieved double-digit growth. Global tourist arrivals reached 690 million in H1 2025, surpassing pre-COVID-19 levels by 4%. Africa recorded a 12% increase in international tourist arrivals during the first half of 2025 compared...

(AfDB)-African leaders, experts, the African Development Bank and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across the continent. Opening the Nigerian Economic Society’s (NES) 66th Annual Conference in Abuja on Tuesday, Nigeria’s Vice President Kashim Shettima stated that Nigeria’s youthful...

Southwest sells six 737-800s to United Nigeria, with options for four more, in a deal structured by SkyWorks. The agreement includes paid training and technical support, ensuring smooth aircraft entry into service for United Nigeria. Southwest turns fleet renewal into a services revenue stream, while United Nigeria doubles capacity to meet rising demand. SkyWorks Holdings has...

Burkina Faso announced visa-free entry for all African nationals under its 2025 supplementary finance law. The measure seeks to boost tourism, business travel, and regional integration while supporting AfCFTA implementation. The decision comes as 47% of intra-African travel still requires visas, according to the 2024 Africa Visa Openness Index. Burkina Faso announced the removal of...

(AfDB)-The Government of Borno State, in collaboration with the African Development Bank and the International Committee of the Red Cross (ICRC), have convened a partnership roundtable to accelerate access to safe, sustainable, and inclusive water services in Maiduguri. The event held on Tuesday 10 September, coincided with the first anniversary of devastating floods in Borno, aggravated by the...