While the US is still stuck debating EVs, the rest of the world has already plugged in and charged ahead – and nowhere is that more obvious than Africa, where one country has banned ICE vehicles outright and another is rapidly electrifying mines that a…
Ethiopia made history in 2024 by becoming the first country to ban the sale and import of new internal combustion-powered vehicles. Despite the predictions of the anti-EV hysterics, they’re doing just fine — but the process hasn’t been without its chal…
Terra Industries, the African defense company, announced Monday that it had secured an additional $22 million in funding to further expand the business.
African defense company Terra comes out of stealth with a $11.75M round led by Joe Lonsdale’s 8VC.
Africa’s largest fintech company, Flutterwave, has acquired Nigerian open banking startup Mono in an all-stock deal valued between $25 million and $40 million, according to people familiar with the transaction. The acquisition brings together two of Af…