Dakar Archives - AfricaBusiness.com

Presenting the 2022 Partech Africa Report: Resilient African Tech Ecosystem Still Growing with $6.5 Billion Raised in 2022

24Jan

By Africa BusinessNo Comments

Fintech, Senegal News, Startups

Presenting the 2022 Partech Africa Report: Resilient African Tech Ecosystem Still Growing with $6.5 Billion Raised in 2022

Amid the drastic pullback in global VC funding, the African tech ecosystem stands out with +8% growth from 2021. Debt funding doubled in volume to $1.5B, accounting for nearly a quarter of the total funding. Fintech, still leading, attracted 39% of the total equity volume; Nigeria retained the top spot with 23% Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state of the ecosystem, revealed that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally. Total funding invested into tech startups on the continent reached $6.5B, an increase of 8% vs 2021, spread across 764 deals - compared to 724 rounds...

Inaugural Africa Airforce Forum highlights the role of Air Force in bridging regional stability

26Oct

By Africa BusinessNo Comments

Events, Senegal News

Inaugural Africa Airforce Forum highlights the role of Air Force in bridging regional stability

Day one prioritizes partnerships to build transnational capabilities and address security challenges in the region, particularly low-intensity conflict areas Panelists address the top 5 priorities for fleet modernization and capability building Focus placed on better human resource management for the African air forces Airforce industry leaders from across Africa and global defense experts gathered today to address security challenges and the necessity for regional Air Forces to enhance air operations to counter asymmetrical threats across Africa and highlight aviation in Low-intensity conflicts at the Inaugural African Airforce Forum at the King Fahd Palace Dakar in Senegal. Hosted by the Senegal Air Force, the two-day forum hopes to effectively empower the aerospace communi...

26Oct

By Africa BusinessNo Comments

Business, Events, Senegal News

6th SIM Senegal happening on 2-4 November 2021

The Opening Ceremony will feature a keynote speech from His Excellency, Honourable Mr. Macky SALL His Excellency, Honourable Mr. Macky SALL, President of the Republic of Senegal will make a keynote speech at the Opening Ceremony of the 6th Senegal International Mining Conference & Exhibition, in Dakar. The two-day conference will focus on the theme “Promotion and development of Local Content, a lever for the optimization of socio-economic benefits in the extractive sector”, including dedicated sessions of debate. The first day of SIM Senegal 2021 will bring together expert speakers that will discuss the Sub-regional, regional, and international visions and strategies on the local content, and the business opportunities for local suppliers to access in the extractive sector. The se...

22Sep

By Africa BusinessNo Comments

Senegal News, Startups

Inaugural Telecel ASIP Accelerator Demo Day powered by Startupbootcamp AfriTech to be held in Dakar

All roads lead to Dakar, Senegal this month for the first cohort of the Telecel Group Africa Startup Initiative Program (ASIP) Accelerator Demo Day. After a grueling three months of pivots and business development facilitated by leading tech accelerator, Startupbootcamp Afritech, the Top 11 startups will showcase their work to a live audience on 30 September 2021. Taking place at the Dhub – a space commissioned by the General Delegation for the Rapid Entrepreneurship of Women and Youth (DER/FJ) and established by the President of the Republic of Senegal, His Excellency Mr. Macky Sall – the live demo day will see participating startups demonstrate their pivotal journeys on a global stage and pitch products to interested stakeholders in breakout rooms afterward. The live demo day will als...

22Mar

By Africa BusinessNo Comments

Energy, Green Energy, Senegal News, South Africa News, Uganda News

REN21’s new report shows that cities across Africa demonstrate progressive leadership to deploy renewables

The 2021 edition of REN21’s Renewables in Cities Global Status Report, shows that one billion people live in cities with a renewable energy target or policy. The number of cities that have enforced partial or complete bans on fossil fuels jumped fivefold in 2020. With a special focus on Sub-Saharan Africa, the report shows that despite many challenges, city governments across the region have taken important steps to advance the deployment of renewables. Africa’s urban population increased more than 16-fold between 1950 and 2018, from 33 million to 548 million, and this rapid urban growth has been and remains a key driver of rising energy demand. Cities across Sub-Saharan Africa increasingly recognise the opportunities around renewable energy use to improve energy access, reduce energy pove...

17Nov

By Africa BusinessNo Comments

African News, Senegal News

IBM Helps Senegalese City of Thies Plan for Economic Growth

THIES, Senegal, Nov., 2012 /PRNewswire/ -- A team of experts from IBM (NYSE: IBM) presented recommendations to the City of Thies to grow the economic sector through measures to bolster entrepreneurialism, agricultural exports, and education. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) The 14-member IBM team of experts, with members hailing from ten countries, are completing a month-long engagement as part of IBM's pro bono Corporate Service Corps program, which provides problem-solving assistance to educational institutions, small businesses, non governmental organizations (NGOs), and governmental agencies in emerging markets. Since the launch of the Corporate Service Corps in 2008, over 2,000 IBM employees based in 50 countries have been dispatched on mor...

25Oct

By The African Press OrganizationNo Comments

African News, Senegal News

Premier IFC/World Bank Off-grid Lighting Conference in Senegal

WASHINGTON, October 25, 2012/African Press Organization (APO)/ – The joint IFC-World Bank Lighting Africa program, in partnership with Senegal’s Agency for Rural Electrification, invite the media to attend or cover the Third International Off-grid Lighting Conference and Trade Fair in Dakar, Senegal, November 13 – 15, 2012. Lighting Africa will release the findings of the Africa Off-Grid Market Report. An estimated 600 million people in Africa live without electricity Solar Lighting for the Base of the Pyramid – Overview of an Emerging Market, Lighting Africa, 2010.. The global energy-for-the-poor market is valued at an unexploited $37 billion From Gap to Opportunity; Business Models for Scaling up Energy Access, IFC, June 2012.. Over 500 industry players will meet to s...