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Andela Raises $40M To Connect Africa's Engineering Talent With Global Technology Companies

Andela Raises $40M To Connect Africa's Engineering Talent With Global Technology Companies

Andela, the company that builds high-performing engineering teams with Africa’s most talented software developers, announced on Tuesday that the company has secured $40M in Series C funding.

Chika Ezeanya-Esiobu

How Africa can use its traditional knowledge to make progress (Video): Chika Ezeanya-Esiobu

Chika Ezeanya-Esiobu wants to see Africans unleash their suppressed creative and innovative energies, buried deep in their hearts and minds, by acknowledging the significance of their indigenous, authentic knowledge.

Ashish Thakkar, Founder & MD, Mara Group

Ashish Thakkar to leave the board of Atlas Mara, the African banking group he co-founded with Bob Diamond

Former Barclays chief executive Bob Diamond is to be left as the sole founder on the board of African financial services group Atlas Mara, as it was announced earlier this month that co-founder Ashish Thakkar would be leaving.

Wizkid at Royal Albert Hall, London. Credit: Joseph Okpako/WireImage/The Guardian

Wizkid makes history at London's Albert Hall (Video)

The Nigerian singer becomes the first African artist to headline a sold-out show at the venue, with a confident, joyous set featuring appearances from Skepta and Tinie Tempah.

Hyatt Regency Johannesburg

Hyatt to double its Africa presence and open six hotels by 2020

Hyatt Regency Johannesburg Hyatt Hotels & Resorts announced on Tuesday that Hyatt expects to double the number of Hyatt hotels in Africa,…

Bisate Lodge villas at night, near Volcanoes National Park in Rwanda

How Rwanda Became the Unlikeliest Tourism Destination in Africa

The Africa of travelers’ imaginations is defined by vast open spaces—the treeless plains, the lonely desert—but Rwanda is the most densely populated country on the continent, and a trip here comes with an awareness that you’re sharing this space.

African startups in Lagos, Nairobi and Cape Town don't need to chase unicorn status

African startups in Lagos, Nairobi and Cape Town don't need to chase unicorn status

In 1938, when the Nigerian author D.O. Fagunwa published his seminal work, Ògbójú Ọdẹ nínú Igbó Irúnmalẹ̀, it was the first novel ever written in the Yoruba language of southwest Nigeria.

Customers shop for fruits and vegetables inside the Nakumatt supermarket in the Westgate shopping mall, in Kenya's capital Nairobi, July 18, 2015. Credit: Reuters/Thomas Mukoya

Kenya's Nakumatt Supermarkets to merge with local rival Tuskys

Kenya’s Nakumatt Supermarkets will merge with local retailer Tuskys to help alleviate a severe cash flow problem that has left it with empty shelves and led to the closure of some outlets.

Jim Ovia, Founder, Zenith Bank

What it took to build Nigeria's largest bank: Jim Ovia, Founder, Zenith Bank (Video)

Jim Ovia, the Founder of Zenith Bank, talks about literally building the roads to his banking empire.

A city of lights and stories, Johannesburg is a compelling destination

My Kind of Place: Johannesburg, South Africa

Frenetic, edgy and ever-changing, Johannesburg is the heartbeat of not just South Africa, but southern Africa.

Kigali, Rwanda

East Africa is a Rising Hub: Jad Abbas, Director, The Abraaj Group

Being local is key. Simply put, it helps us to identify great businesses, work in partnership with investee companies, and manage risks. That philosophy has always been core to the investment thesis across each of the markets we work in and Africa is no exception.

Kemi Adetiba

Kemi Adetiba: The record breaking director making movie magic

The art of telling a great story is timeless, and film director and producer Kemi Adetiba is drawing on her skills to make magic behind the camera.

Tayo Oviosu, Founder & CEO, Paga

He's Banking the Unbanked in Nigeria and Beyond

“I knew that whatever I wanted to do had to pass the big idea test.” For Tayo Oviosu, 39, that big idea was Paga, now the largest distribution network for financial services in Nigeria, reaching more than 6 million people.

Fintech could do away with the need for ATMs. Credit: Reuters/Thomas Mukoya

African fintech startups like Flutterwave and Paystack are raising record funds to drive financial inclusion (Infographic)

If you follow the right accounts for young African tech entrepreneurs on Twitter, it can feel like there’s a never ending debate about who gets funding or not in Africa.

Elo Umeh, CEO, Terragon Group

How Nigerian Tech Entrepreneur Elo Umeh Of Terragon Group Is Building An African Digital Powerhouse

Over the last 15 years, Africa has seen significant mobile telecoms growth and now data is being viewed as the ‘new oil’ on the continent.

Sim Tshabalala, CEO, Standard Bank Group

Africa's Biggest Bank Names Tshabalala as First Sole Black CEO

Standard Bank is now only South African lender with black CEO. Kruger will remain an executive director of the bank.

Akeem Lawal, Divisional CEO, Switching & Processing, Interswitch. Credit: SlimTrader

Interswitch Nigeria Sees Delayed IPO Concluded by End-2019

Interswitch Ltd., a Nigeria-based payments-processing company, expects to complete its delayed dual listing in London and Lagos before the end of 2019.

Capitec Bank

The Budget Bank Rattling South Africa's Financial Sector

A budget bank is booming in South Africa’s economic slump, challenging the decades-long dominance of the “big four” lenders and prompting a price war that is driving down banking costs in a country where many people can’t afford an account.

Jim Ovia, Founder, Zenith Bank. Credit: guardian.ng

Nigerian Banker Jim Ovia Gains $84 Million In One Year As Zenith Bank Shares Soar

Nigerian banker Jim Ovia has made at least $84.5 million in paper gains over the last one year as shares of Zenith Bank, a Nigerian-Stock Exchange-listed commercial bank in which he holds a minority stake, surged 59.32%.

Arik Air has endured a series of crises but could soon be under new management.

Ethiopian Airlines plot takeover of Nigeria's flagship fleet

Nigeria’s leading airline could soon be under new management.

Hawassa Industrial Park, Awasa, Ethiopia

Can Ethiopia be Africa's leading manufacturing hub?

With Ethiopia having the second biggest population in Africa, it is under growing pressure to tackle unemployment.

Aliko Dangote on latest cover of Bloomberg Markets

Africa's richest man is on the latest cover of Bloomberg Markets: Check out his wide-ranging interview

Dangote, who was worth $12.3 billion as of mid-August, according to the Bloomberg Billionaires Index, is modest in his personal life but bold in business.

Naspers has for years scoured the world looking for another early stage technology company that will eventually replicate the success of Tencent, in which it invested $32 million 16 years ago. Credit: Brent Lewin/Bloomberg

Africa's most valuable company looks to replicate its 400,000% return investment in Tencent (Infographic)

Chairman Koos Bekker countered criticism Naspers Ltd. relies too heavily on its $132 billion stake in Chinese media company Tencent Holdings Ltd. by reminding investors that they would have been a lot poorer if he’d given in to similar pressure to sell the holding years ago.

Nigeria's economy has suffered from falling oil prices but the worst may be over. Credit: CNN

Nigeria and South Africa emerge from recession

Two of the largest economies in Africa are growing again after recessions.

Opposition leader Odinga (left) and Kenyatta (right) have been long-time political rivals

Kenya Supreme Court annuls result of presidential polls

Kenya’s Supreme Court has nullified the result of the August 8 presidential election won by President Uhuru Kenyatta.

Quick Guide for Those Who Can't Figure Out the Naira's Worth

Quick Guide for Those Who Can't Figure Out the Naira's Worth (Infographics)

Monetary policy officials unified some of their multiple exchange rates when they let currency dealers quote naira levels used in actual trades this month.

OR Tambo International Airport, Johannesburg, South Africa

International Arrivals To Africa Reach More Than 18 Million In 2017: Euromonitor

Market Research Company Euromonitor International revealed earlier this week the key trends shaping travel and tourism in Africa at the 41st Annual World Tourism Conference in Kigali, Rwanda.

Kenya Airways planes at Nairobi's Jomo Kenyatta International Airport

Kenya is king of domestic air travel in Africa (Infographic)

When it comes to domestic air travel in Africa, Kenya’s capital Nairobi is king.

Nigerian Investor Sets Up $135 Million Commodities Exchange

Nigerian Investor Sets Up $135 Million Commodities Exchange

A Nigerian startup is developing a new agricultural commodities exchange in Africa’s most populous country to take advantage of the government’s efforts to boost farming output to reduce reliance on oil.

Angolan billionaire Isabel dos Santos, whose net worth is $3.5 billion, is Africa's richest woman, according to Forbes.

Portugal Dominated Angola for Centuries. Now the Roles Are Reversed

How the roles have reversed: The colonizer, some Portuguese contend, has been colonized.

eBay and MallForAfrica partner to sell African products in the US

eBay and MallForAfrica partner to sell African products in the US

Americans can now buy African goods on eBay through the company’s partnership with MallforAfrica.com.

Aliko Dangote, Chairman, Dangote Group

Africa's Richest Man to Invest Up to $50 Billion in U.S., Europe

Africa’s richest man, Aliko Dangote, plans to invest $20 billion to $50 billion in the U.S. and Europe by 2025, in industries including renewable energy and petrochemicals.

This South African bank's stock price has jumped 50,000% since 2002

This South African bank's stock price has jumped 50,000% since 2002 (Infographics)

Nothing, outside a financial-market collapse on the scale of the Great Recession, can faze Capitec Bank Holdings Ltd.

Aliko Dangote, Chairman, Dangote Group

Africa's Richest Man Will Fire Wenger If He Buys Arsenal

Nigerian billionaire Aliko Dangote’s first order of business if he succeeds in buying English Premier League soccer club Arsenal will be to fire the manager, Arsene Wenger.

Cape Town, South Africa

The African economy: Better than people think

Analysis of headline GDP figures in Africa would presuppose a region going through a period of prolonged stagnation.

Inside the Durbar festival in northern Nigeria

Inside the Durbar festival in northern Nigeria (Photos)

Nigeria is host to a variety of rich and diverse cultural traditions across its states. Around this time of the year in Northern Nigeria, a part of the country rich with the history of ancient kingdoms, the annual Durbar Festival is celebrated.

Africa property offers rich pickings for the brave

Africa property offers rich pickings for the brave

Some property pundits believe there are major opportunities for investors or companies on the continent.

A.P. Moller raises $550 million for Africa infrastructure fund, targets $1 billion in 12 months. Credit: Instagram/imagesbyomidire/estate intel

A.P. Moller raises $550 million for Africa infrastructure fund, targets $1 billion in 12 months

A.P. Moller Holding, a privately-held investments company with approximately $20bn under management, has launched an Africa-focused infrastructure fund.

Adesola Adeduntan, CEO, First Bank

Nigeria banks trying to stabilize 9mobile ahead of sale, FBN says

Nigerian lenders will try to stabilise the business of 9mobile, the country’s fourth largest telecoms group, until they can find new investors.

Nigerian stocks hit 33-month high on foreign fund buying

Nigerian stocks hit 33-month high on foreign fund buying

Nigerian stocks hit a 33-month high on Tuesday as foreign investors bought shares following improved liquidity on the currency market and a strong half-year performance by listed companies.

Chukwuemeka Odumegwu Ojukwu, Leader of Biafra (1967 - 1970) and son of Nigeria's first billionaire, is perhaps Nnewi's most famous indigene.

What town has produced more billionaires than any town in Nigeria and possibly Africa? Here are 10 of its richest people

The small Nigerian town of Nnewi has more naira billionaires per capita than anywhere else in the country.

Jacob Zuma wants his ex-wife Nkosazana Dlamini-Zuma to succeed him as party leader

Can Nkosazana Dlamini-Zuma succeed her ex-husband as South Africa's president?

South Africa’s President Jacob Zuma is keen to hand over the reins of power to the mother of his children.