industries 4.0

African start-ups break record with securing $1.2bn funding in 2024 — report

African start-ups recorded an impressive fundraising performance in July 2024, raising $420 million, the highest monthly figure since the tracking began in 2019, according to a recent report by Africa: The Big Deal. This sum also represents 2.5 times the average monthly amount raised over the past one year, signaling a strong rebound in investment […]

Nigeria struggles with gasoline shortage despite refinery investments

Nigeria’s underperforming refineries are not able to meet the rising demand on gasoline in the most populous African countries where queues are becoming longer in gas stations. The shortage sent prices skyrocketing which further erodes the purchasing power of most of the population as the prices of transport surge. The long waiting hours are causing […]

Rabat Resumes Contacts with Brussels Raising Hope for Spat End

Morocco has decided to resume contacts with the European Union after having rebuffed European institutions following European Court ruling invalidating a farm deal signed with Rabat over Sahara issue. The move comes few days after the visit paid to Rabat by EU High Representative for Foreign Affairs Federica Mogherini. During this trip, Mogherini voiced the […]