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The Wildlife Conservation Society announces financial commitments from Bank of America, the Central Africa Forest Initiative, Good Energies Foundation, and UBS Optimus Foundation to the High Integrity Forest Investment (HIFOR) Initiative, aimed at conserving high-integrity tropical forests globally. This initiative targets undisturbed forests in Latin America, Central Africa, and Southeast Asia, promoting biodiversity and supporting local communities while addressing climate change. The collaboration seeks to secure long-term financing for conservation efforts, preventing deforestation and enhancing local livelihoods.
Huawei's Smart Decision solution is enhancing telecom growth by providing precision marketing capabilities that enable real-time market analysis and customer targeting. This tool helps telecom companies like AIS in Thailand and MOOV Africa Gabon Telecom to optimize their services and meet evolving customer expectations, ultimately driving revenue growth. Huawei plans to further innovate this solution to support telecom operators in boosting their economic value.
Saudi Arabia is poised to capitalize on the booming global space economy, projected to grow from $176 billion in 2024 to $1.8 trillion by 2035, driven by advancements in satellite technology and private sector involvement. Meanwhile, Egypt's B2B sector faces a significant challenge, with 80% of firms operating as "digital ghosts," missing out on an estimated $4.5 billion in annual revenue due to poor online engagement and outdated digital strategies. Addressing these issues could unlock substantial growth opportunities for Egyptian businesses.
GITEX AFRICA Morocco, set for April 14-16, 2025, in Marrakech, will showcase Africa's digital innovation and attract global investors, under the patronage of King Mohammed VI. The event aims to position Morocco as a tech hub, featuring over 1,450 exhibitors and 45,000 attendees from 130 countries, while highlighting the continent's startup ecosystem and fostering international partnerships.
Fortescue Ltd, an Australian company, operates in the global green technology, energy, and metals sectors. Its metals division focuses on iron ore exploration and production, with projects in the Pilbara and internationally, while the energy segment develops green electricity, hydrogen, and ammonia initiatives. Key projects include the Arizona Hydrogen project and the Iron Bridge operations.
Fortescue Ltd, an Australia-based global company, operates in green technology, energy, and metals, focusing on iron ore exploration and production. Its metals segment includes various projects in the Pilbara and globally, while the energy segment develops green electricity, hydrogen, and ammonia initiatives. Key projects include the Arizona Hydrogen project and the Iron Bridge operations.
Gozem, the West African super app, has secured $30 million in Series B funding to expand its services across Francophone Africa. The investment, led by SAS Shipping Agencies Services Sàrl and Al Mada Ventures, will enhance transportation and digital banking services, reinforcing Gozem's position in the region's tech landscape. Co-founders Gregory Costamagna and Raphael Dana expressed enthusiasm for the strategic partnership, which aims to accelerate growth and improve logistics and financial solutions in West and Central Africa.
West African super app Gozem has raised $30 million in Series B funding to enhance its expansion across West and Central Africa. Originally founded in Togo in 2018 as a moto-taxi service, Gozem has evolved into a super app offering ride-hailing, delivery services, and digital banking. The investment, led by SAS Shipping Agencies Services Sàrl and Al Mada Ventures, will support the financing of new vehicles for taxi drivers and the launch of Gozem Money.
Perenco SA, owned by the Perrodo family, plans to invest $2 billion next year, with three-quarters of that amount focused on select African countries. The company, which specializes in extracting crude from mature fields, primarily operates in four central African nations, including Gabon, and has a presence in 14 countries worldwide.
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global initiative launched to conserve high integrity tropical forests
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United States Dollar
MSC Group AG
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BEN
CMR
GAB
Raphael Dana
Diego Aponte
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05:12 03.03.2025
Gozem raises 30 million dollars to expand super app services in Africa
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