Business Tech Africa — African business and technology news, insights and analysis

$100m railway funding could change how goods move between Nigeria and Niger

A $100 million financing deal for the Kano-Maradi railway is one of the more practical parts of a new $390 million funding package approved by the ECOWAS Bank for Investment and Development (EBID).

Ghana wants private investors to put more money into climate projects

Ghana is looking for more private money to fund projects in energy, farming, water, waste and other areas linked to climate change.

UAC sells livestock feeds business for $15m

UAC of Nigeria is selling its controlling stake in Livestock Feeds Plc to Sunbeth Global Concepts for N19.5 billion, about $15 million.

Founder Fridays

Most businesses begin with market research and an assessment of what is already obvious in the market. For Teboho Kwetepane, entrepreneurship started with a simple observation: some of the resources around him had value, but they were not being processed or presented in ways that could unlock that value.

$45.6m to expand Cameroon’s local manufacturing

A Cameroonian manufacturer has secured $45.6 million in revolving working-capital financing from Afreximbank, giving it more room to buy materials, maintain production and expand the products it makes locally.

Nigerian Healthtech Startup HubPharm Africa Wins $30,000 ECOWAS Prize

Nigerian healthtech company HubPharm Africa has won the second ECOWAS Startup Awards, taking home the competition’s $30,000 first prize at the awards ceremony in Abuja on September 30

Meta's Nigerian data case could change how SMEs advertise online

Kenyan Agri-Tech Startup Farm to Feed Secures $171,000 From Proparco

Kenyan AgTech startup Farm to Feed has secured $171,000 from French development finance institution Proparco to expand its technology platform, farmer network and operations.

Angola Links Conecta Angola Hub to 2Africa Cable to Expand Connectivity

Angola is expanding its digital infrastructure by linking satellite connectivity with submarine-cable capacity, as GGPEN, Anyconnect and Unitel work to connect the Conecta Angola hub to the 2Africa submarine cable.