African startups embrace debt financing

African startups are increasingly turning to debt as a mainstream funding option, marking a shift in how the continent’s tech ecosystem finances growth. In 2025, startups raised a record $1.64 billion in debt, pushing debt’s share of total venture funding to…

Madagascar lifts mining permit freeze

Madagascar has moved to reboot its mining sector by lifting a freeze on issuing mining permits that has been in place since 2010. The long freeze, initially imposed during a political transition to curb speculation, had left over 1,650 applications in limbo.…

Nigeria slashes oil licensing fees to attract investors

Nigeria is reshaping its oil licensing strategy to lure fresh investment and revive production after years of decline. Notably, the country’s regulator has slashed the mandatory “signature bonus” fee to between $3 and $7 million, a sharp reduction from the $10 million…