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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.
Microsoft Outlook Outage Tests ‘Force Majeure’ Proof Rules and ‘Inbox Blackout’ Deal Defenses, Wasel & Wasel Says
Following the November 12 global Microsoft 365 server disruption, international law and geopolicy consultancy Wasel & Wasel outlines evidentiary thresholds...
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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.
Ghana
Lattice Energy Secures Licence for Bulk Petroleum Trading in Ghana
Lattice Energy Ltd has obtained a Bulk Import, Distribution and Export licence from Ghana’s National Petroleum Authority, enabling it to expand its petroleum trading operations in Ghana and West Africa, including the management of refined products and crude oil.
Egypt
Hurghada Targets Chinese Tourists to Boost Red Sea Tourism Growth
Egypt is promoting Hurghada to Chinese travel buyers to diversify its tourism market, aiming to attract more visitors known for higher spending power. The initiative, led by Deputy Governor Magda Hanna, was highlighted at the International Silk Road Conference from Nov. 2-5.
South Africa
Dubai Fashion Week Continues to Shape Global Fashion Trends
Dubai Fashion Week, held from 22 to 26 October 2026, is a vital platform for designers to connect with buyers and distributors, featuring trade-focused events. The next edition will occur from 1 to 6 February 2026, requiring pre-accreditation and visa arrangements for attendees.
Kenya
Jubilee Asset Management Expands Financial Advisory Services with New Centre in Meru
Jubilee Asset Management Limited has opened its fourth Financial Advisory Centre in Meru, Kenya, to improve access to investment advisory services for the region's 1.5 million residents and support local economic growth, with a county GDP of approximately KES 140 billion.
Egypt
Forsa Launches Campaign to Prepare Consumers for Black Friday Shopping
Forsa has launched the "Forsa in Time" campaign to prepare Egyptian consumers for Black Friday, encouraging early app activation for exclusive installment plans and promotions to help shoppers manage costs and make informed purchasing decisions.
Nigeria
Petroleum Company Achieves 100% Transaction Success with New Self-Service Station
Discover how a leading petroleum marketing company achieved a remarkable 100% transaction success rate and zero service downtime since September 2026 at its self-service stations.
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