Facebook to Open Office in Lagos, Nigeria in 2021

In 2016, Facebook chief executive Mark Zuckerberg visited Nigeria in what was his first trip to sub-Saharan Africa. While the attraction to the budding tech ecosystem which was already producing some of Africa’s best known startups was obvious, there was also the underlying influence of Facebook’s pool of high-ranking Nigerian-American executives. Four years later,...

World Bank Agrees $150m for Affordable Energy in Rwanda

Rwanda’s quest to avail affordable energy to the population got a boost this week following, the approval by the World Bank Group of $150m (approximately Rwf142bn) to finance energy access for households, enterprises and public institutions in Rwanda. Half of the allocated funds will be disbursed in form of grant...