Finance

Nigerian Aella raises US$10mn from HQ Financial Group

Aella co foundersNigerian fintech start-up Aella has raised a US$10mn debt financing round from HQ Financial Group (HQF), Singapore-based private company specialising in new material science, semiconductor and blockchain financial investments

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‘Understanding Africa’s urban geography is a top priority’

urbanisation swotPolicymakers need to profoundly understand Africa’s growing urban geography that is set to seize new opportunities, according to the Sahel West Africa Club/ Organisation for Economic Co-operation and Development (SWAC/OECD) report

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Africa Capitalworks Management invests in Gaselia Industries Group

gaseliaAfrica Capitalworks Management (ACW), sub-Saharan Africa-focused private equity investment company, has acquired a minority equity shareholding in Gaselia Industries Group (Gaselia), one of the largest homegrown beverages groups in West Africa

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‘Youth unemployment must be given top priority’

Africa young manAfrican youth must be prepared for the jobs of the future – not the jobs of the past, according to the African Development Bank (AfDB) president Akinwumi Adesina

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Tanzania among top 10 fastest-growing economies

Tanzania aeoTanzania is among the world's 10 fastest-growing economies at the rate of 6.8 per cent, according to the 2020 African Economic Outlook report

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