Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago.
The...
Venture debt surpassed equity as Africa's top startup funding source in 2025
Six major debt deals drove $1.6B raised, led by East...
Venture debt surpassed equity as Africa's top startup funding source in 2025
Six major debt deals drove $1.6B raised, led by East...
Africa’s instant payment systems processed 64 billion transactions worth $1.98 trillion in 2024, according to AfricaNenda.
The continent counted...
Africa’s instant payment systems processed 64 billion transactions worth $1.98 trillion in 2024, according to AfricaNenda.
The continent counted...
Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its central role in Africa’s economy and trade across...
Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its central role in Africa’s economy and trade across...
EIB and ZICB to mobilize €30M for Zambian agribusiness SMEs
30% of funds reserved for women-led enterprises; €4M risk-sharing...
EIB and ZICB to mobilize €30M for Zambian agribusiness SMEs
30% of funds reserved for women-led enterprises; €4M risk-sharing...
IFC lends 170 million rand to Lula to boost digital, unsecured SME lending
80% of funds will support micro and small enterprises
Deal strengthens a...
IFC lends 170 million rand to Lula to boost digital, unsecured SME lending
80% of funds will support micro and small enterprises
Deal strengthens a...
Standard Bank opened a representative office in Egypt on November 12, 2025, to connect Gulf and African markets.
The bank plans to obtain a full...
Standard Bank opened a representative office in Egypt on November 12, 2025, to connect Gulf and African markets.
The bank plans to obtain a full...
Presco launches $164M rights issue to fund expansion, open until Dec. 2
Offer allows shareholders to buy 1 new share for every 6...
Presco launches $164M rights issue to fund expansion, open until Dec. 2
Offer allows shareholders to buy 1 new share for every 6...
FEDA invests $300M in A2MP to boost Africa’s mineral processing capacity
Funds target rare earths, bauxite, manganese for green tech and...
FEDA invests $300M in A2MP to boost Africa’s mineral processing capacity
Funds target rare earths, bauxite, manganese for green tech and...
Manuella Zagba, a management consulting and accounting professional who heads her own firm, Dyese Prolink, focuses on corporate operational efficiency in...
Manuella Zagba, a management consulting and accounting professional who heads her own firm, Dyese Prolink, focuses on corporate operational efficiency in...
Hikma opens $17M pharmaceutical plant in Tunisia to boost exports and supply
Facility to produce cardiovascular, diabetes, and antibiotic...
Hikma opens $17M pharmaceutical plant in Tunisia to boost exports and supply
Facility to produce cardiovascular, diabetes, and antibiotic...
Cameroon submits bill to ratify air transport deal with Qatar signed in January
Agreement to boost connectivity, attract Qatar Airways, and cut...
Cameroon submits bill to ratify air transport deal with Qatar signed in January
Agreement to boost connectivity, attract Qatar Airways, and cut...
(FEDA)-The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), is...
(FEDA)-The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), is...
Nigerian fintech Rank acquires AjoMoney and Zazzau Microfinance Bank to expand services
Zazzau rebranded as Rank Microfinance Bank; AjoMoney tech...
Nigerian fintech Rank acquires AjoMoney and Zazzau Microfinance Bank to expand services
Zazzau rebranded as Rank Microfinance Bank; AjoMoney tech...
FEDA injects $75 million into Spiro, Africa’s largest electric two-wheeler company, to fund expansion and battery infrastructure.
Spiro targets...
FEDA injects $75 million into Spiro, Africa’s largest electric two-wheeler company, to fund expansion and battery infrastructure.
Spiro targets...
African negotiators initially demanded $1.3 trillion per year to meet Paris Agreement objectives, receiving a fraction of this amount.
The COP29...
African negotiators initially demanded $1.3 trillion per year to meet Paris Agreement objectives, receiving a fraction of this amount.
The COP29...
Projects to create 5,500 jobs, introduce first Luxury All-Inclusive resorts
Part of Morocco’s plan to attract 26M tourists by 2030 ahead of the World...
Projects to create 5,500 jobs, introduce first Luxury All-Inclusive resorts
Part of Morocco’s plan to attract 26M tourists by 2030 ahead of the World...
The Abu Dhabi roundtable yielded $16.4 billion in investment commitments.
The IsDB and World Bank pledged over $3.3 billion in...
The Abu Dhabi roundtable yielded $16.4 billion in investment commitments.
The IsDB and World Bank pledged over $3.3 billion in...
The new unified platform replaces the NIBSS Instant Payments system.
It connects banks, fintechs, and mobile money operators for instant...
The new unified platform replaces the NIBSS Instant Payments system.
It connects banks, fintechs, and mobile money operators for instant...
Burkina Faso successfully raised $230.8 million (CFA131.355 billion) through a regional public bond offering.
The issuance was oversubscribed at...
Burkina Faso successfully raised $230.8 million (CFA131.355 billion) through a regional public bond offering.
The issuance was oversubscribed at...
Sonko rejects IMF-backed debt restructuring, calls it national humiliation
IMF suspended $1.8B program amid $11B hidden debt, 132%...
Sonko rejects IMF-backed debt restructuring, calls it national humiliation
IMF suspended $1.8B program amid $11B hidden debt, 132%...
May Daphné Ngallé-Miano named CEO of Chanas Assurances for 3 years
Tasked with company recovery amid ongoing restructuring and competitive...
May Daphné Ngallé-Miano named CEO of Chanas Assurances for 3 years
Tasked with company recovery amid ongoing restructuring and competitive...
Move ends 20-year wait, aims to boost banking access in under-served market
Chad’s banking rate at 2.85%, well below CEMAC average of...
Move ends 20-year wait, aims to boost banking access in under-served market
Chad’s banking rate at 2.85%, well below CEMAC average of...
IFC reviewing €7.5M loan for Catramp’s regional logistics expansion in Central Africa
Project to boost warehouse capacity in Cameroon, Chad, and...
IFC reviewing €7.5M loan for Catramp’s regional logistics expansion in Central Africa
Project to boost warehouse capacity in Cameroon, Chad, and...
Biovac opens mRNA-capable vaccine lab in Cape Town, backed by global donors
Facility enables full vaccine production, supporting Africa’s health...
Biovac opens mRNA-capable vaccine lab in Cape Town, backed by global donors
Facility enables full vaccine production, supporting Africa’s health...
The Central Bank of Guinea plans a payment system modeled on Kenya’s M-Pesa.
The initiative aims to reduce reliance on cash and expand digital...
The Central Bank of Guinea plans a payment system modeled on Kenya’s M-Pesa.
The initiative aims to reduce reliance on cash and expand digital...
The African Union launches the 2025–2034 Decade of Education and Skills Development.
UNESCO supports regional programs to embed sustainability in...
The African Union launches the 2025–2034 Decade of Education and Skills Development.
UNESCO supports regional programs to embed sustainability in...
Standard Bank to open Cairo office on Nov. 12, 2025
Office to boost trade links between Egypt, Gulf, and Africa
Bank also seeks full license...
Standard Bank to open Cairo office on Nov. 12, 2025
Office to boost trade links between Egypt, Gulf, and Africa
Bank also seeks full license...
Wafa Assurance acquires 63.4% of Egypt’s Delta Insurance for $67M
Deal boosts Wafa’s North Africa presence; plans full integration
Egypt...
Wafa Assurance acquires 63.4% of Egypt’s Delta Insurance for $67M
Deal boosts Wafa’s North Africa presence; plans full integration
Egypt...
Ventures Platform raises $64M in first close of $75M fund
New fund targets fintech, healthtech, agritech, edtech, and AI...
Ventures Platform raises $64M in first close of $75M fund
New fund targets fintech, healthtech, agritech, edtech, and AI...
Banque Misr inaugurated its new branch in Djibouti on November 5, 2025.
The move aligns with its African expansion strategy and Egypt’s trade...
Banque Misr inaugurated its new branch in Djibouti on November 5, 2025.
The move aligns with its African expansion strategy and Egypt’s trade...
After several delays, the Association of African Petroleum Producers (APPO) has set a new deadline to make the African Energy Bank operational. A summit...
After several delays, the Association of African Petroleum Producers (APPO) has set a new deadline to make the African Energy Bank operational. A summit...
Deal would cut debt, fund Congo Basin forest conservation
Talks ongoing with European partners; timeline not yet set
After raising $670...
Deal would cut debt, fund Congo Basin forest conservation
Talks ongoing with European partners; timeline not yet set
After raising $670...
MTN Nigeria, Ericsson test triple-band MIMO, boost 4G speeds
Trial shows 3.2x download, 4x upload speed improvement
Technology streamlines 4G, readies...
MTN Nigeria, Ericsson test triple-band MIMO, boost 4G speeds
Trial shows 3.2x download, 4x upload speed improvement
Technology streamlines 4G, readies...
The issuance confirms the renewed attractiveness of Abuja's economy to investors, despite geopolitical tensions and the naira's volatility. This market...
The issuance confirms the renewed attractiveness of Abuja's economy to investors, despite geopolitical tensions and the naira's volatility. This market...
Afreximbank urges stronger trade finance to boost Africa's growth
Intra-African trade hit $208B in 2024, but gaps persist
Seminar in Abidjan...
Afreximbank urges stronger trade finance to boost Africa's growth
Intra-African trade hit $208B in 2024, but gaps persist
Seminar in Abidjan...
Live News
-
Health Minister Reveals Fake Drugs Worth Over 369 million FCFA Impounded in 2025 First Half
02:45
-
Government, UN Fund Launch 26 billion FCFA Drive to Eliminate Toxic Industrial Pollutants
02:42
-
Agro-Food and Wood Industries Lift Cameroon’s Manufacturing Cost by 0.6% in Q2 2025
20:11
-
Google, AfCFTA Launch Program to Equip 7,500 African SMEs with AI and Digital Trade Skills
20:10
-
TCS, Sybyl, Partner With iXAfrica as part of Sovereign Cloud Infrastructure in East Africa Drive
20:02
-
MTN Group Claims 301M Customers, With fintech Transactions soaring 38% to $342B
19:59
-
Singita Injects $102m Into Santa Carolina as Private Capital Steps In After Mozambique’s Post-Election Disruptions
19:54
-
Togo Opens Global Entrepreneurship Week With Push for Inclusive Growth
19:49
-
Cameroon Launches Year-End Discount Sales to Curb Post-Election Price Speculation
19:45
-
Nigeria’s Karsa Offers Virtual U.S. Bank Accounts for Dollar Transfers
18:48
Most Read
01
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
02
The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...
03
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
04
Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...
05
Madagascar is going through one of the most turbulent periods in its recent political history. After...
