Author: Staff Writer

I am a staff at Innovation Village.

SORA Technology Co. Ltd., a Japan-based frontier technology startup, has announced the successful first close of its late seed funding round, further cementing its position at the intersection of health innovation and climate resilience. The round attracted investments from notable institutional backers such as Nissay Capital’s Sustainability Challenge Fund, SMBC…

Read More

Africa Finance Corporation (AFC), one of Africa’s premier infrastructure finance institutions, has announced a €100 million investment to support the expansion of Mota-Engil Africa’s mining operations in Côte d’Ivoire and Mali. The five-year facility is set to finance equipment acquisition, inventory, and site infrastructure for three new gold mining projects,…

Read More

In a decisive move to enhance consumer protection and promote transparency, the Nigerian Communications Commission (NCC) has issued a new directive compelling all telecommunications operators in Nigeria to publicly inform consumers about major service outages on their networks. The directive, which is now in effect, mandates that service providers disclose…

Read More

Africa Delivery Technologies Holding, the Dutch-based parent company of Nigerian logistics startup Kwik, has been declared bankrupt by a court in Amsterdam following a creditor-led legal dispute. The bankruptcy, however, does not directly affect Kwik’s daily operations in Nigeria, where the company continues to serve over 300,000 merchants and recently…

Read More