Africa

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 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.

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 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 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.

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.