The South African President Cyril Ramaphosa (pictured) is calling for the cancelation of some of Africa’s debt. Speaking yesterday during the Qatar...
The Board of Directors of the African Development Bank have approved an €83 million loan to finance the second phase of Egypt’s Electricity and Green...
In the vision of getting closer to the Congolese population with solutions that make their daily lives easier, FLASH and FINCA have just concluded a...
Total Senegal closed the day on Monday, June 14 with a value up 7.43% on the Regional Stock Exchange (BRVM) in Abidjan. This is the second largest...
US company PHP Ventures (people Help people) announced it is seeking to mobilize $50 million through an Initial Public Offering on the New York tech...
The G7 development finance institutions approved an investment of more than $80 billion into African businesses over the next five years. The...
As part of the promotion of renewable energy and following phase 1’s success, JIRAMA and Green Yellow Madagascar have agreed to further expand the...
South African pay-TV operator MultiChoice announced a plan to increase its stake in BetKing, a Nigeria-based sports betting and entertainment company that...
Absa Bank, South Africa's third-largest bank by assets, will obtain a $50 million risk-sharing financial facility to provide loans to micro, small...
Technology investor Prosus, which is secondarily listed on the Johannesburg Stock Exchange, co-led a $40 million investment in 99minutos with...
The National Bank of Egypt, the tenth-largest bank in Africa and the Middle East by assets ($125 billion as of June 30, 2020), will benefit from...
South African-founded startup WhereIsMyTransport, has raised $201 million (about $14.5 million) in a Series A round. The company actively...
Private equity fund SPE AIF I, which focuses on controlling acquisitions in North Africa, has exited Moroccan FMCG retailer H&S Invest Holding (Dislog...
Africell, a fast-growing mobile network operator in Africa has closed a major commercial loan facility of $105 million for expansion in Africa. This...
Ghana is close to joining the group of countries that have issued their cryptocurrencies. The country is working on a digital version of its local...
The African Development Bank Group and the Securities and Exchange Commission (SEC) of Ghana today launched a $400,000 project to strengthen the...
Investment fund manager Ata Capital is now a shareholder with a 33.3% stake in Acrux Sorting Technology (AST), a subsidiary of commodity mining specialist...
The Commission empowered by the Competition Act in South Africa has stopped the proposed acquisition of Burger King South Africa by Emerging Capital...
Nigerian fintech company OPay, which specializes in the provision of mobile payment services, has entered into discussions with investors to raise...
The African Development Bank Group (AFDB) has approved $84.22 million in financing to supply power to about 80,000 rural households in the southern...
The Agri-Business Capital Fund (ABC Fund), which invests in small-scale farmers and rural businesses in developing countries, annouced an investment...
Chipper Cash, a fintech platform that offers cross-border money transfer services, has raised $100 million in Series C funding to introduce more...
The Development Bank of Austria (OeEB) and the European Investment Bank (EIB) launched a €100 million (About $122 million) African private...
The Bolloré Group presents the annual review of the philanthropic initiatives carried out, among other actions as part of its Earthtalent by Bolloré...
After raising $61 million in 2020 to finance its deployment in Kenya, the solar home systems supplier d.light is pursuing its expansion across...
West African startups have started 2021 on a good note in terms of fundraising operations. Over the first three months of the year, they mobilized a total...
The Sustainable Energy Fund for Africa (SEFA) has extended a $1 million grant to help accelerate African countries’ transition to flexible green...
Africa Healthcare Network (AHN), which operates one of the largest chains of renal care and dialysis centers in East Africa, will receive the first...
Sucrivoire, a subsidiary of agribusiness group Sifca, has made a positive start on the Abidjan regional stock exchange (BRVM) this year. As of 21 May, its...
The Central bank of Kenya (CBK) has announced the acquisition of Uwezo Microfinance Bank Limited by Salaam African Bank (SAB). The acquisition earned the...
The International Finance Corporation announced the investment of $2 billion to support SMEs and boost trade activity in Africa.
In...
This year, Ecobank Côte d'Ivoire, one of the most profitable banks on the Regional Securities Exchange (BRVM), plans to pay its executive directors CFA250...
The Dutch brewing company Heineken is in talks with South African wine and spirits maker, Distell Group, for the potential acquisition of the majority of...
The International Finance Corporation plans to support the growth strategy of Egyptian service provider Integrated Diagnostics Holding Plc with $45...
Egyptian digital bank Telda, launched in April 2021 by Ahmed Sabbah, co-founder of transportation company Swvl, and Youssef Sholqamy, a former Uber...
A recent survey by the Federal Reserve presented the Bitcoin (BTC) and the other cryptocurrencies as a threat to US financial stability in the same way as...
Live News
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Cameroon to create local fish moguls to curb high imports
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Contraband: Customs agents seize an important load of contraband cement declared as medical products belonging to a UN Agency
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Togo sees joining the Commonwealth as an opportunity
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Some African debts need to be canceled, SA’s President Cyril Ramaphosa says
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Uganda: Jessica Alupo and Robinah Nabbanja sworn in as Vice President and PM
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Benin and Togo to get additional $36m from the International Development Association to fight coastal erosion
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Togolese minister of security in Turkey for a 4-day official visit
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ECOWAS States adopt new roadmap to launch their single currency, the Eco, in 2027
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Covid-19: World Bank grants $12bln to vaccinate 400mln people in Africa
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