Via Quartz Africa, a look at the next startup investment hotspots in west Africa: Startup tracker, Africa: The Big Deal’s figures show that since 2019, west African startups have hauled in $4.2 billion, representing 41% of the total funds logged in Africa in that period. “Startups in the region have attracted more funding than in northern […]
Read more »Via Quartz, an article on how Germany is looking to west Africa to help solve its gas woes: On May 22, Olaf Scholz started a three-day tour of Africa in Senegal—his first since becoming the chancellor of Germany—and said his country wants to help develop natural gas projects off the coast of west Africa. Germany is […]
Read more »Via Business of Fashion, an interesting look at how Dakar’s reputation as a regional fashion hub has persuaded brands like Tommy Hilfiger and Hugo Boss to expand to the capital of the West African nation as it upgrades its retail infrastructure: Though Senegal is not in the same league as African markets like Nigeria, South Africa, […]
Read more »Via Foreign Policy, an article on Africa’s potential to provide gas to Germany: With the United States and United Kingdom banning Russian energy exports and the European Union announcing it will reduce Russian gas imports by two-thirds by the end of the year, the West is urgently debating how to replace Russian energy deliveries. The […]
Read more »Via The National, a report on DP World’s plans to develop Senegal’s Ndayane deepwater port with more than $1bn earmarked for investment: Global ports operator DP World has begun construction of Senegal’s Ndayane deepwater port, the Dubai-based company’s biggest port investment in Africa to date and a project that is set to boost the country’s position […]
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