The African Development Bank (AfDB), Islamic Development Bank (IsDB), and the French Development Agency (FDA), have disclosed plans to invest $618 million in the Digital and Creative Enterprises Programme (I-DICE) …
The Commonwealth Enterprise & Investment Council (CWEIC), which is the official Commonwealth’s business network, has appointed Nigeria’s Dozy Mmobuosi as a member of its Global Advisor Council. Mmobuosi’s appointment, which was announced by the …
Ghana and Finland have signed a framework agreement on projects to be funded under Finland’s Public Sector Investment Facility (PIF) Scheme. The agreement was signed on Monday on the margins …
Furniture manufacturer, PG Bison Kenya has expanded its manufacturing factory in Nairobi as part of the company’s plans to grow its investment in the Kenyan market. The move is also …
South Africa’s Competition Commission approved Heineken’s purchase of wine and cider company Distell Group in South Africa as long as the merged entity invests more than R10 billion over five years …
The Nairobi Securities Exchange (NSE) has extended the waiver of its fees on equity day trades to December 31. The extension is aimed at boosting market activity and creating an …
Africa is about to get its first listing of a medical cannabis-focused SPAC, or special purpose acquisition company, when Cilo Cybin Holdings raises money in Johannesburg later this year. The …
Nairobi Garage has opened a two-floor business hub in Nairobi’s Central Business District, on the back of increased demand for stylish and versatile workspaces in the city. The hub will …
Morocco has ranked as the fifth most expensive African country to rent a one-bedroom apartment, Business Insider Africa reported on Sunday. Basing its ranking on data obtained from Numbeo, a …
The family of Peter Mukuha Kago –the founders of supermarket chain Naivas— has pocketed an estimated $32.29 million (Sh3.8 billion) from the sale of an 8.5 percent stake to a …