The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Provides EUR 135 million Insurance Support for Türkiye’s Strategic Kars–Iğdır–Aralık–Dilucu High Standard Railway Project
By Africazine
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Nigeria
Vice-President Calls for Strengthening State Governments to Boost Regional Prosperity
Vice-President Kashim Shettima emphasized empowering state governments to drive economic growth during the AfSNET Investment Conference 2026 in Calabar, urging local leaders to leverage competitive advantages and develop investment-ready projects to enhance regional prosperity and foster community benefits.
Ghana
Bank of Ghana Addresses Concerns Over New Heritage Series Banknote Portrait
The Bank of Ghana clarified that the portrait on the new GH¢50 Heritage Series banknote, featuring Mrs Theodosia Salome Okoh, was created from multiple photographs and underwent artistic adjustments, addressing public concerns about its resemblance to her sister, Dr Letitia Obeng.
Nigeria
African Startups Experience Significant Decline in Funding Activity in October
African startups attracted USD 183 million in funding in October 2026, a 58% decline from USD 435 million in the same month last year. Nigeria led with USD 42 million, while startups outside the Big Four markets secured 54% of total funding.
Nigeria
AfSNET Trains Officials to Enhance Investment Promotion Across Africa
The African Sub-Sovereign Governments Network has trained officials from various African countries on investment promotion and project development in Cross River State, ahead of the sixth AfSNET Investment Conference, which will conclude on November 14 and feature presentations on investment opportunities.
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Vice-President Calls for Strengthening State Governments to Boost Regional Prosperity
Vice-President Kashim Shettima emphasized empowering state governments to drive economic growth during the AfSNET Investment Conference 2026 in Calabar, urging local leaders to leverage competitive advantages and develop investment-ready projects to enhance regional prosperity and foster community benefits.
Bank of Ghana Addresses Concerns Over New Heritage Series Banknote Portrait
The Bank of Ghana clarified that the portrait on the new GH¢50 Heritage Series banknote, featuring Mrs Theodosia Salome Okoh, was created from multiple photographs and underwent artistic adjustments, addressing public concerns about its resemblance to her sister, Dr Letitia Obeng.
African Startups Experience Significant Decline in Funding Activity in October
African startups attracted USD 183 million in funding in October 2026, a 58% decline from USD 435 million in the same month last year. Nigeria led with USD 42 million, while startups outside the Big Four markets secured 54% of total funding.
AfSNET Trains Officials to Enhance Investment Promotion Across Africa
The African Sub-Sovereign Governments Network has trained officials from various African countries on investment promotion and project development in Cross River State, ahead of the sixth AfSNET Investment Conference, which will conclude on November 14 and feature presentations on investment opportunities.
Letshego Africa Holdings Completes Rights Offer with Significant Stake Increase for BPOPF
Letshego Africa Holdings has secured P631.9 million from its P800 million rights offer, with the Botswana Public Officers Pension Fund set to significantly increase its stake after underwriting the capital raise, pending regulatory approval for the remaining shares valued at P168.1 million.
South Africa and China Enhance Partnership in Science and Technology Initiatives
South Africa and China are enhancing collaboration in science and technology by establishing an Artificial Intelligence Talent Development and Innovation Centre to address South Africa's digital skills gap. The initiative was discussed during a meeting on November 11, 2026, in Wuhan.
Egypt and China Discuss Cooperation in Technology and Digital Economy
The National Telecommunication Institute in Egypt is collaborating with a Chinese delegation to enhance the ICT sector, focusing on training tech professionals and developing AI applications to accelerate Egypt's digital economy. Joint projects and technology transfer are key components of this partnership.
Chancen International Advocates Income Share Agreements for Education Funding
Chancen International is transforming education funding in Rwanda through income share agreements, benefiting over 14,000 young people, with 74% of graduates employed above the repayment threshold. The model ensures manageable repayments based on income, supporting those from low-income households.
JA Selected as Exclusive Supplier for Teraco’s Solar Project in South Africa
JA has been chosen as the exclusive photovoltaic module supplier for Teraco's 120MW Sediba solar project in South Africa, which aims to generate over 354,000MWh of renewable electricity annually, with operations expected to commence by the end of 2026.

