The African Development Bank will pump $372 million in the economy of Benin next year, the institution’s country manager John Andrianarisata...
Power Africa reaches a deal with Africa50 to raise funds for the electricity sector in Africa. The collaboration will also focus on the development of...
Venture capital company CVentures made its first investment since it launched activities in December 2018. Along with Algebra Ventures and ASI Ventures,...
The Tunisian Stock Exchange (BVMT) experienced its lowest transaction value in the third quarter of 2019, since the fourth quarter of 2017, we...
The African Development Bank, Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) signed a $600...
The suspension of fifty-three fund managers by Ghana’s Securities Exchange Commission (SEC) has put about 70,000 investors at risk of losing a total of 8...
On November 12, Power Africa and Africa50 signed a memorandum of understanding for a new partnership focused on attracting power sector financing and...
Branch Nigeria, a fintech company that grants loans between 1,000 Naira and 200,000 Naira repayable over a period of 4 weeks to 15 months, will receive an...
Over the first six months this year, the local subsidiary of French Total in Senegal saw its revenues increase by 17.2%, driven by an 18.7% increase in...
The Mozambican public oil and gas company (ENH) has announced that it will start an international roadshow next week, with the aim of raising $1.5...
The Kenyan parliament approved the repeal of the law which over the past three years limited interest rates on bank loans to only 4% above the central...
The African Development Bank’s Board of Governors has approved the conversion of the Bank-administered multi-donor trust fund SEFA into a “special fund”,...
Taaleem Management Services Company (Taaleem), an Egyptian higher education platform that manages the local private university Nahda University in Beni...
FMO, the Dutch development finance institution, plans to commit €4.40 million ($4.9 million) to Cathay AfricInvest Innovation, an investment fund...
ASX-listed TerraCom has acquired a 19.9% stake in the share capital of Universal Coal, a South African coal company, from Coal Development Holding....
Australia’s FAR announced on Oct 29 that the investment planned to develop the SNE oil field in Senegalese waters increased by 40% to $4.2 billion,...
U.S. investment firm Texas Pacific Group (TPG) Capital indirectly acquired 33.9% stake in the capital of Maziwa, a Kenyan company that processes dairy...
State-owned Bank of Cairo signed with Micro, Small and Medium Enterprise Development Agency (MSMEDA) a loan agreement for an amount of EGP500 million...
Moroccan Bank of Commerce and Industry (BMCI), 66.74% controlled by French BNP Paribas, has obtained a green light from the Moroccan Capital Market...
At the end of September this year, Tunisian company Ateliers Mécaniques du Sahel (AMS) posted a local revenue of TND3.4 million, down 45% compared to the...
The Kenyan government says it will reduce its borrowings on the capital market over the next three years to loosen public debt burden. The information was...
Tunisia’s leasing company Compagnie Internationale de Leasing (CIL) has secured €12 million, or $13.3 million, from French development...
Russia’s fertilizer manufacturer Uralchem is pursuing its expansion across Africa, and after Zimbabwe and Zambia, the company is eyeing the Angolan...
Dubai-based Dragon Oil, a subsidiary of Emirates national oil company (ENOC), said yesterday October 21, it is investing the equivalent of a...
The World Bank has just approved $3 billion to support the extension of Nigeria’s power transmission and distribution network. Hajiya Zainab Ahmed...
The African Development Bank (AfDB) has inked its €12.5 million equity commitment to the first investment fund of Adiwale Partners, the institution...
In just a few weeks, the second edition of the annual Africa Investment Forum will kick off in Johannesburg, South Africa, with development finance...
Egypt’s Financial Regulatory Authority approved the reduction of trading fees on the country’s stock market. Fees to be cut include share transactions,...
More than 30 U.S pension fund managers, private sector CEOs and institutional investors have signaled their strong interest in participating in the second...
South African Airways may soon attract new private partners for its restructuring plan, the country’s President Cyril Ramaphosa said on October 14,...
Algeria’s National Association of Tax Advisers has once again denounced a tax pressure that applies to a small number of taxpayers, leaving several others...
The African Development Bank and Japan’s Government Pension Investment Fund (GPIF) have signed a partnership to promote environmental, social and...
First WATT Renewables were winners of the 4th West African Forum for Climate and Clean Energy Financing (WAFCCEF) contest, held on Thursday 26 September...
Enda Tamweel, a Tunisian microfinance institution that owns 61% of market share, plans to carry out a bond issue operation totaling TND15 million ($5.2...
As part of the active management of its debt, Côte d'Ivoire successfully carried out a securities exchange operation totaling XOF232 billion on the...
The International Fund for International Development (IFAD) yesterday signed an agreement with the Kingdom of Eswatini for the implementation of the...
Live News
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Africa’s infrastructure financing jumped 24% to $100 bln in 2018 (ICA)
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Angola Cables and Nokia successfully interconnect Africa to North America by optical fiber
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Cameroon: Q3 2019 wood exports to the EU drops by 20% YoY to 11,300 tons
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Belgian and Czech delegations announce their interest in Cameroon’s energy sector
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Cameroon confirms its status of CEMAC’s financial center
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UEMOA: Financial inclusion week starts today
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Togo: Lomé concentrates more than 70% of the country's consumption expenditures
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Private equity firm BluePeak mobilizes resources for first credit line in Africa
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Zimbabwe and Uganda unveil space investment plans for the coming years
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Port of Kribi: French Navy command and supply ship BCR “Somme” docks in prelude to naval exercise in the Gulf of Guinea
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