Page 8 - Daniel Yu News Today

Most African countries have been unable to tame rising inflation but Zambia has managed to reduce the inflation rate from 24.4% in Aug. 2021 to 9.7% in June.

Zanzibar is set to build its own Silicon Valley—Silicon Zanzibar. Through the initiative, the Tanzanian government wants to make the country an open and enabling operation base for all tech companies and their employees.

Wasoko a Kenyan B2B e-commerce startup has launched “Wasoko Innovation Hub” in partnership with the Zanzibar government.

Yu told Quartz that he found Zanzibar’s fiscal policies more supportive to his expansion plan across Africa, and he left Nairobi because heavy taxes translate to lower profit margins for Wasoko.

Read the latest news across entertainment, sports, business and more. Be first to receive exclusive updates with your free subscription straight to your phone. | Business Insider Africa

Hollywood actors and Academy Award nominees Woody Harrelson and Laura Linney alongside Nico Parker, who appeared in the live-action remake of Dumbo, are set to star in Suncoast.

The continent is the only region in the world not suffering from a slowdown in venture capital | Middle East & Africa

Despite raising a record $4.65bn in 2021, African startups are facing a much tougher fundraising environment this year.

By David Pilling   Nancy Auma, a 35-year-old market trader, sits by a large mound of finger-sized silvery fish caught in Lake...

Instead of selling directly to consumers, startups are targeting informal retailers | Middle East & Africa