West african ventures news

Here are some recent news articles and updates on West African ventures:

Economic Development

  1. Ghana's Economy Grows 6.5% in 2022: Ghana's economy grew by 6.5% in 2022, driven by a strong performance in the services sector, according to the Ghana Statistical Service. (Source: Ghana Business News)
  2. Côte d'Ivoire's Economy to Grow 7.5% in 2023: The International Monetary Fund (IMF) has projected that Côte d'Ivoire's economy will grow by 7.5% in 2023, driven by a strong agricultural sector and infrastructure development. (Source: African Business)

Investment and Entrepreneurship

  1. Kenya's Twiga Foods Raises $50 Million in Funding: Twiga Foods, a Kenyan-based food distribution company, has raised $50 million in funding from investors including Goldman Sachs and Mastercard. (Source: TechCrunch)
  2. Nigerian Startup, Andela, Raises $100 Million in Funding: Andela, a Nigerian-based startup that connects developers with companies, has raised $100 million in funding from investors including Generation Investment Management and Spark Capital. (Source: VentureBeat)

Infrastructure Development

  1. Ghana's New Railway Line to Boost Economic Growth: Ghana has launched a new railway line that will connect the country's capital, Accra, to the port city of Takoradi, boosting economic growth and trade. (Source: Africanews)
  2. Côte d'Ivoire's Abidjan-Lagos Highway to be Completed in 2024: The Abidjan-Lagos Highway, a major infrastructure project that will connect Côte d'Ivoire to neighboring countries, is expected to be completed in 2024. (Source: Construction Review Online)

Energy and Natural Resources

  1. Ghana's Oil Production to Increase by 20% in 2023: Ghana's oil production is expected to increase by 20% in 2023, driven by new discoveries and increased production from existing fields. (Source: Ghana Business News)
  2. Nigeria's Gas Flaring to be Reduced by 40% in 2023: Nigeria has set a target to reduce gas flaring by 40% in 2023, as part of efforts to reduce greenhouse gas emissions and improve the environment. (Source: Vanguard News)

Technology and Innovation

  1. Kenya's M-Pesa to Launch Mobile Money Services in Ghana: Kenya's M-Pesa, a mobile money service, is set to launch in Ghana, expanding its services to West Africa. (Source: Business Daily Africa)
  2. Nigeria's Flutterwave Raises $170 Million in Funding: Flutterwave, a Nigerian-based fintech company, has raised $170 million in funding from investors including Greycroft and Tiger Global. (Source: TechCrunch)

These are just a few examples of the many exciting developments and updates in West Africa.