The value of Safaricom at the Nairobi bourse has dipped below the Sh1 trillion mark on foreign investors’ flight in the wake of rate hikes in the US. The telco …
BusinessEastern AfricaINVESTMENTSafaricom
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INVESTMENT
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BusinessEconomyINVESTMENTKenya News
Sustainable Investment In Kenya is projected to hit Sh2.3trn by 2030
The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change …
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AfricaAFRICA NEWSBusinessINVESTMENTNewsTechnologyTelecommunications
Wiocc Group secures $30M equity investment to support Africa’s Digital infrastructure expansion
Wiocc Group, a leading digital connectivity and infrastructure provider in Africa, has secured a US$30-million (R540-million) equity investment from the International Finance Corporation (IFC). The new investment will support WIOCC …
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AfricaBanking, Finance & InvestmentBusinessINVESTMENTNewsSouth AfricaSouthern Africa
SA’s Fedgroup adds hemp to its impact farming investment options
South Africa’s financial services provider Fedgroup has added alternative asset cannabinoid hemp to its impact farming investment options, allowing investors to tap into an emerging market projected to be worth …
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EconomyFinance & ServicesINVESTMENTMorocco
BMCE Capital Investments Launches a new venture Capital fund for Moroccan Startups
BMCE Capital Investment, part of the BMCE Capital Group, on Tuesday announced the launch of its first venture capital dedicated to financing Moroccan startups. The new MAD 50 million ($4.5 …
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AfricaAFRICA NEWSBusinessEconomyEnergyGhanaINVESTMENTNewsOil & GasSpotlightWestern Africa
Ghana conducts oil and gas roadshow in Texas to attract investors
The Petroleum Commission together with upstream players, GNPC, GOIL, and Base Energy under the leadership of the Minister for Energy, Dr. Matthew Opoku Prempeh is in Houston, Texas, United States …
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Emmerson PLC, a British company producing fertilizers, announced today securing $6 million in investment funds to develop the in Khemisset, a town 100 kilometers east of Rabat. To secure the …
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AfricaBusinessEconomyINVESTMENTNewsNigeriaWestern Africa
AfDB, IsDB, FDA to invest $618m in Nigeria’s digital and creative start-ups
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) …
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AfricaAgricultureBusinessGlobal NewsINVESTMENTSpotlightTechnologyWestern Africa
CommonWealth appoints Dozy Mmobuosi as a member of its Global Advisor Council
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 …
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AfricaAFRICA NEWSBusinessEconomyGhanaINVESTMENTNewsWestern Africa
Ghana, Finland sign framework agreement
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 …