From SMEs to corporates, Angola taps the power of women in business. In this edition of Business Angola, we look for the stories behind a statistic: a global study finds …
INVESTMENT
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BusinessEconomyINVESTMENTMarketsMoroccoNorth Africa
Morocco to Invest €50 Million to establish a plant to Produce Moroccan-Made Cars
Morocco is set to invest €50 million to establish a plant to produce local car brands. The factory will be made with a 100% Moroccan investment, Morocco’s Minister of Trade …
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AfricaAFRICA NEWSBusinessINVESTMENTNigeria
General Muhammadu Buhari spent over $400m to liberate Ajaokuta Steel complex
The President, Major General Muhammadu Buhari (retd.), on Thursday, said his government had spent over $400m (N179bn), to liberate Ajaokuta Steel complex from the “legal traps” that have kept it …
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BusinessINVESTMENTMarketsSouth Africa
Shoprite CEO Pieter Engelbrecht sells R20 million in the company’s shares
Shoprite CEO Pieter Engelbrecht sold R20 million in the company’s shares in the week before Christmas. According to a statement released by the group on Wednesday, the sale is part …
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ASIABusinessINVESTMENTTechnology
Airtel Vice Chairman Meets Chief Minister To Discuss the implementation of the Digital India Mission
Vice Chairman of Bharti Enterprises (Airtel) Rakesh Bharti Mittal on Thursday met Uttar Pradesh Chief Minister Yogi Adityanath and discussed the implementation of the Digital India Mission, ways to improve …
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AfricaAFRICA NEWSEntrepreneurshipINVESTMENT
Application for the Japan-Africa Investment Drive investment accelerator for African Startups
by Editorby EditorThe Japan-Africa Investment Drive is a funding accelerator that attempts to match high-potential African startups with qualified Japanese Venture Capitals and offers tight support to both the startup and the …
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EconomyEnergyINVESTMENTSouth Africa
South Africa’s DMRE signs an agreement with 13 renewable energy providers
The Department of Mineral Resources and Energy (DMRE) has signed agreements with 13 renewable energy providers under Bid Window 5 of the government’s Renewable Energy Independent Power Producers Procurement Programme …
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AirtelBusinessEconomyFinance & ServicesINVESTMENTNigeria
Lagos-based equity and Investment firm decries funding gap for women-led businesses
The Managing Partner of Aruwa Capital, a Lagos-based equity and investment company, Adesuwa Okunbo-Rhodes, has complained about the funding gap women-focused businesses are grappling with. She argued that businesses managed …
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BusinessEconomyINVESTMENTManufacturing & Consumer GoodsMarketsSouth Africa
Premier listing cancelled due to Ramaphosa crisis triggers market volatility
Investment holding company Brait said on Friday it has opted not to list fast-moving consumer goods group Premier on the JSE due to volatility, especially over the past 48 hours. …
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BusinessEconomyFinance & ServicesINVESTMENTSanlamSouth Africa
Sanlam and Absa officially partner to form South Africa’s largest black-owned asset manager
Sanlam and Absa have officially combined their investment businesses to form South Africa’s largest black-owned asset manager. The two companies announced in October 2021 that they were joining forces to …