Africa’s venture capital market witnesses a $1.4 billion drop in funding in H1 2023, sparking concerns for startups’ future.The decline in VC funding reflects cautious investor sentiment, with only 263 VC deals amounting to $2.1 billion, a 40% decrease from the previous year. In a startling turn of events, Africa’s venture capital (VC) market has…
‘My breasts were always coming out of every cloth I wear, basically pouring out’ Big boobs come with big problems. So I asked some women how they handle having larger-than-average breasts, and I got some pretty interesting responses. Shola “Most times when I’m close to my period, it almost feels like it is double the…
Tanzania climbs to second place in Africa’s tourism rankings, thanks to a robust recovery from COVID-19 setbacks and increased investments.The United Nations World Tourism Organization ranks Tanzania as Africa’s second top tourism performer, citing a substantial increase in visitors and positive industry developments. Tanzania’s Ministry of Natural Resources and Tourism emphasizes lessons learned, including private sector…
He has assured his concerned fans and well-wishers that he and his family are okay. The home of popular Nigerian comedian AY Makun went up in flames in Lagos. In a viral video posted by a social media user @Postsubman, the comedian’s two-story house was seen engulfed by flames. His home caught fire yesterday, Sunday,…
Bakery industry crisis looms as cost of materials threatens loss of 500,000 jobs, AMBCN warns. The Association of Master Bakers and Caterers of Nigeria (AMBCN) has warned that over 500,000 workers in the bakery industry are at risk of losing their jobs if the rising cost of materials causes shut down of operations The Chairman…
The council boss urged residents to stop the habit of indiscriminate dumping of refuse and dirt’s in the gullies, drainages, canals and rivers, saying the resultant effect was the flooding which had destroyed their properties. The Ilaje Local Government Area of Ondo State has begun the clearing of blocked rivers, drainages, canals and gullies in…
Enforced since July 1, impacting living expenses and regional trade with East African partners. The Kenyan government’s 17.50% levy on imports was challenged by manufacturers, risking trade diversion and investment shifts in the East African Community (EAC). Rising imports from Tanzania, concerns over trade diversion, and potential loss of regional trade hub status raise questions about the…
The decision to disconnect subscribers less than 18 years has led to a decline in the number of subscribers. Operators in the telecommunications industry have said they will start disconnecting subscribers who do not meet the age requirements set by the Nigerian Communications Commission (NCC). The implementation of the NCC guidelines would lead to the…
Gov. Makinde appealed to the workers to return to work and assured that their demands would be looked into in due course. Oyo State civil servants returned to their desks on Monday, August 7, 2023 having called off a week-long strike called by the state’s chapters of organised labour. The civil servants shunned work since…
The governor added that the roads would improve transportation within the city, create ancillary job opportunities and stimulate economic growth. Benue’s Gov. Hyacinth Alia flagged off the construction of 16 Makurdi township roads measuring 15.39km on Monday, August 7, 2023. The governor said at the flag-off that the contract, awarded to an indigenous firm, was…
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