US start-up KoBold Metals, backed by Gates and Bezos, raises $537M in race for Africa’s rare metals

In a remarkable move, the billionaire duo — Bill Gates and Jeff Bezos — have joined forces, pumping $537 million into mining ventures targeting rare metals across Africa. KoBold Metals, a US mining start-up backed by investors including Microsoft’s Bill Gates and Amazon’s Jeff Bezos, has raised $537 million in its latest Series C funding […]

Nigeria emerges as Africa’s FDI hub of digital technology

Nigeria emerges as Africa’s top destination for foreign direct investment (FDI), having reportedly attracted over 30% of the FDI in the continent’s tech ecosystem and increasingly becoming the hub of digital technology in the continent. “The Nigeria tech ecosystem has attracted about $4.4billion investment between the year 2015, 2019 and 2020 respectively, and ICT contributing […]

Morocco-COVID-19: State of health emergency extended until Nov. 30

The Council of Government, convened Thursday in Rabat, decided to extend the state of health emergency throughout the country until November 30, 2021, as part of efforts to stem the spread of the Covid-19 pandemic.   The state of health emergency has been extended for one month instead of two, as was previously the case, […]