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Uganda: Two successive crashes of army helicopters leave at least 22 soldiers dead

Two crashes of helicopters of the Ugandan army on Monday and Tuesday on mission against terrorists in the Democratic Republic of Congo (DRC), killed at least 22 soldiers including 3 Congolese soldiers, Anadolu news agency reports citing the Congolese army. The first crash occurred near the village of Boga, in the Ituri province of the […]

Riyadh-based Tamara platform raises $100m in Serie B around

Gulf buy now, pay later (BNPL) Tamara platform said on Monday it raised $100 million in a second round of fundraising from investors, including Sanabil Investments, which is owned by Saudi Arabia’s sovereign wealth fund PIF, Reuters reports. The funding will help the company expand in new markets and provide customers with new products and […]

New African Energy Bank set to launch operations in July 2024

Two years after the signing of the founding protocol, the African Energy Bank officially opened its doors on June 4 and slated the operational launch for July. This supranational bank will focus on financing oil and gas projects in Africa, with a view to bridging the financing gap in these sectors and the continent’s energy […]