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Private capital flow into Africa more than doubled from 2020 to 2021

AVCA report finds that private capital deals in Africa reached a record high of $7.4 billion in 2021.

Free stateSouth africaFrance generalCity ofUnited kingdomGbfoods africaAbi mustapha maduakorVenture capital associationAfrican private equityAfrican private capital activity reportWest africaVenture capitalAfrica reportInvestment partnersEnterprise marketStock exchange

Nigeria s illegal oil refineries keep killing people — Quartz Africa

Two explosions in six months at illegal oil refineries have claimed over 125 lives in Nigeria.

Niger deltaNigeria generalUnited kingdomMuhammadu buhariAliko dangoteNigeria illegal oil refineryOil refineriesAfricas largest oil producerEdited by ciku kimeria

What are Y Combinator s most valuable African startups? — Quartz Africa

Flutterwave and Wave are among seven African startups on the list of Y Combinator's most valuable companies.

United statesCentral bankWest africanReliance healthY combinatorAfrican startupsEdited by ciku kimeria

Why is the US fixated on China s rise in Africa? — Quartz Africa

But perhaps the US is not simply concerned about China’s meteoric rise, but its own waning soft power.

United statesCross riverNairobi areaJosh maiyoJohn calabreseUnited states international universityGlobal development cgdevChina development bankChina exim bankAmerican university middle east asiaNigerian institute of international affairsAmerican universityMiddle east asiaSecretary blinkenGlobal developmentBuild back better

Tapping into Nigeria s $1 billion plus-size fashion industry — Quartz Africa

Nigeria’s own fashion industry is also having a moment of reckoning and catching on to the fact that it cannot ignore a market that accounts for close to a fifth of the country’s projected $4.7 billion fashion market.

United kingdomAbuja federal capital territoryKafilat olamide salisu kakahLoni loveOjoma idegwuGabrielle unionDanielle leeDear curvesUnited kingdom based nigerianKafilat olamide salisuReign lagosPlus size clothingEdited by ciku kimeria

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