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Michelle Njuguna

Michelle Njuguna is a writer for AfriWallStreet. Based in Kenya, she specializes in covering the economy and how it affects people, businesses and communities.

Shell to Sell Its Downstream Assets in South Africa

Energy giant Shell has confirmed that it is still pursuing the sale of its downstream assets in South Africa

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South Africa's NjiaPay Closes a $2.1 Million Seed Funding Round

A Cape Town-based fintech, NjiaPay, that was still a division of an international calling platform just fifteen months ago has closed a $2.1m seed funding round,

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Aqua-Spark Closes Its Dedicated Africa Fund at €41.7 Million

Aqua-Spark, the Dutch impact investment fund focused on the global aquaculture industry, has held the final close of its dedicated Africa fund at $48m (€41.7m).

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The World Bank Opens Applications for the Alan W. Heston Fellowship

The World Bank has opened applications for the Alan W. Heston Fellowship, offering up to $10,000 to support early-career

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South African Fintech Startup Orca Secures $2.35 Million Seed Round

South African fintech startup Orca has raised a $2.35 million seed round to expand its fraud-prevention platform for payment systems in emerging markets.

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Chevron Sells Its Offshore Angola Oil Stakes to Energean

Chevron has agreed to sell its offshore oil stakes in Angola to Energean for $260 million, giving the Mediterranean energy producer a foothold in West Africa

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Kenya and Rwanda Central Banks Launch Cross-Border Payment Access for Fintechs

The Central Bank of Kenya (CBK) and the National Bank of Rwanda (NBR) have signed a Memorandum of Understanding (MoU) to establish a Licence Passporting Framework for Payment Service Providers

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Ghana Considering Alternative Export Routes for Its Gold

Ghana is exploring alternative export routes for its gold shipments amid persistent tensions in the Middle East, which threaten to disrupt flights to the United Arab Emirates, sources reveal.

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Senegal Acquires Stake in Dangote Cement

Senegal has increased its participation in the country’s industrial sector by acquiring a 10 per cent stake in Dangote Cement’s local subsidiary, the nation’s leading cement producer.

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A Call to Apply for Business Leadership Conference 2026: Risk or Opportunity

The Business Leadership Conference is a one-day event designed for business owners, professionals, and aspiring leaders. The conference focuses on practical strategies, visionary leadership, and meaningful connections

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South African VC Firm Hlayisani Capital Secures $30.97 Million

South African venture capital firm Hlayisani Capital has held a first close of R500m ($30.97m) for its second fund, Hlayisani Venture Fund II (HVF II)

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Zeno Announces a $25 Million Series A Funding Round

Zeno is one of those companies, and this week it announced a $25 million Series A to expand its app-controlled battery-swap network and produce more of its Emara motorcycles.

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