Ventures Africa

Ventures Africa is a digital hub that provides news, insights, and conversations focused on business, policies, innovation, and lifestyle across Africa. We celebrate the dynamic nature of Africa by sharing stories that highlight both the opportunities and challenges faced by our continent and the African Diaspora.

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Articles

CEO of Pundi X, Peko Wan, discusses the impact of the AU's new continental strategy

Aug 30, 2024 | venturesafrica.com | Suotunimi Orufa

The African Union’s Executive Council has recently approved the “Continental Artificial Intelligence Strategy,” a groundbreaking initiative aimed at accelerating AI adoption across the continent. This strategy is poised to catalyze innovation and drive economic growth by integrating AI into both public and private sectors among member states.
The paradox of Botswana's 2,492-Carat diamond discovery

Aug 28, 2024 | venturesafrica.com | Suotunimi Orufa

Botswana recently made headlines with the discovery of a massive 2,492-carat diamond at Lucara Diamond Corp’s Karowe mine. This extraordinary gem is believed to be the world’s second-largest gem-quality diamond ever unearthed, second only to the famed Cullinan diamond. The gigantic stone was uncovered at the Karowe mine, which is fully owned by the Canadian company Lucara Diamond Corp.
TikTok Africa’s visionary voices: Meet Chad Jones, the South African dancer redefining African dance on TikTok

Aug 28, 2024 | venturesafrica.com | Suotunimi Orufa

Africa’s digital scene is exploding with creativity and innovation. Although, navigating this terrain often presents challenges for many creators and innovators, Africa’s creative spirit continues to flourish. And platforms like TikTok playing a pivotal role in bringing this talent to the global stage. In the last few years, TikTok is renowned for its unwavering commitment to nurturing creative expression.
CANEX WKND 2024: Uniting global Africa's creative and cultural industries in Algiers

Aug 27, 2024 | venturesafrica.com | Suotunimi Orufa

The AfricanExport-Import Bank (Afreximbank), in partnership with the African Union Commission (AUC), the African Continental Free Trade Area (AfCFTA) Secretariat, and the Government of the People’s Democratic Republic of Algeria, proudly announces the return of the Creative Africa Nexus Weekend (CANEX WKND) 2024.
Home Energy Optimization: The worth of investing in solar power system

Aug 25, 2024 | venturesafrica.com | Suotunimi Orufa

Are you tired of watching your energy bills soar every month? Do you feel a pang of guilt every time you think about your carbon footprint? If so, it might be time to consider investing in a solar power system for your home energy optimization. Not only can solar energy save you money, but it also has the potential to reduce your environmental impact and increase your home’s value. Read on to learn more. Why Consider Solar Power for Your Home?
Will Ghana's attempt to regulate crypto pay off?

Aug 23, 2024 | venturesafrica.com | Suotunimi Orufa

Ghana’s Central Bank is making a bold move to regulate digital assets, including popular cryptocurrencies like Bitcoin and Tether. A few weeks ago, the apex bank proposed new guidelines, this was after a three-year internal review revealing a growing appetite for crypto in the country. The draft guidelines aim to mitigate risks such as money laundering, terrorism financing, and fraud, while also enhancing consumer protection.
Uber Kenya's fare hike reflects the struggle between fair driver compensation and consumer affordability

Aug 23, 2024 | venturesafrica.com | Suotunimi Orufa

Uber Kenya recently announced a significant fare hike across all ride categories, a move that has sparked discussions on how it will impact both drivers and consumers in the country. This decision follows growing frustrations among ride-hailing drivers, who have been demanding better pay and more control over pricing. The fare increase is aimed at addressing these concerns, but in a price-sensitive market like Kenya, this move could have far-reaching consequences on consumer behavior.
How VeryPay is helping to digitize Africa’s cash economy through mobile payments

Aug 18, 2024 | venturesafrica.com | Suotunimi Orufa

In a market where fintech innovation is booming, African fintech, VeryPay is positioning itself as a unique solution, focusing on something simple but crucial: making mobile money easier and more accessible. As more Africans turn to mobile payments, VeryPay is working behind the scenes, helping to speed up transactions and expand digital payment options.
Why Nigerian Telecom operators are considering load-shedding and higher tariffs

Aug 15, 2024 | venturesafrica.com | Suotunimi Orufa

If you’ve been keeping an eye on the Nigerian telecom industry, you might have heard the concerning news that Telecom operators are thinking about implementing load-shedding to manage their services. Why? Because they’re under a lot of financial pressure and are pushing for higher tariffs to stay afloat. Here’s a breakdown of what’s going on. Telecom companies in Nigeria are finding it harder and harder to keep up with the costs of running their operations.
What Nigeria’s participation at the 2024 Paris Olympics reveals about its sports investment

Aug 13, 2024 | venturesafrica.com | Suotunimi Orufa

Nigeria, often celebrated as the “Giant of Africa,” boasts a rich history at the Olympic Games. Since making its debut in 1952, the nation has accumulated a respectable tally of 25 medals, including 3 golds, 11 silvers, and 11 bronzes. However, in recent years, Nigeria’s performance at the Olympics has seen a concerning decline. At the 2020 Tokyo Olympics, Nigeria secured only two medals—a silver in wrestling and a bronze in long jump.