The investment was led by Africa50 and Oikocredit, with participation from Injaro Ghana Venture Capital Fund (IGVCF) and Verdant Capital Hybrid Fund. The transaction also included a follow-on investment from Investisseurs & Partenaires (I&P), through its I&P Afrique Entrepreneurs II (IPAE 2) investment vehicle. The investment will support the expansion of Zeepay’s cross-border remittances and…
The Sultan of Sokoto, His Eminence, Alhaji Muhammad Sa’ad Abubakar, has declared Wednesday, 10th April as the day of the 2024 Eid-el-Fitr. Muhammad who doubles as the President General, Nigeria Supreme Council for Islamic Affairs (NSCIA), said the the sighting of the New Moon of Shawwal was on Monday, 8th April being thru 29th day,…
Sore and sandblasted but triumphant, runner Russ Cook reached the northernmost point of Africa on Sunday, almost a year after he set off from its southern tip on a quest to run the length of the continent. Dozens of supporters gathered on a rocky outcrop beside the Mediterranean in northern Tunisia, cheering on the British…
By Emmanuel-Francis Ogomegbunam There was nothing like the African or Arab slave trade. There was just the slave trade, which was no different from commodities trading today. One might trade Urals or Brent, Middling Fair or Low Middling, and you’d be a participant in the oil or cotton trade. Slaves were commodities to their traders and property to their owners. Both definitions were…
By Emmanuel-Francis Ogomegbunam A booming European economy was a pebble flung into the tranquil waters of West African history in the 16th and 18th centuries. Now 15 comes before 16. The mighty cannons of the Ottoman gunners blasted open the walls of Constantinople in 1453 and extinguished Roman power in Asia forever. Thirty-nine years later,…
