The government of Japan and the African Development Bank (AFDB) have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative …
Grey, a Nigerian fintech that provides virtual international bank accounts to Africans, has raised $2 million in seed funding. The seed funding round included participation from Y Combinator, Soma Capital, …
One of Ethiopia’s wealthiest investors, Worku Ayetenew begins a process to build a cement plant with an investment capital of USD one billion. This will be the biggest investment he …
Investors are unwilling to lend the government billions of shillings in a push for higher interest rates, signalling a funding headache that awaits the incoming administration. The August Treasury bond …
Lori Systems, the e-logistics company digitising haulage and providing shippers with solutions to efficiently manage their cargo and transporters has raised a pre-Series B round in which Google participated along …
The Nigerian equity market on Monday started the week’s trading with mixed sentiments as a loss in Presco and 16 others drove the market lower by N18 billion. Also, Nigeria’s …
SFS Capital, a leading investment management in Nigeria has launched the SFS Fund Mobile App to enable individuals start their Mutual Fund investment journey with ease. The SFS Fund Mobile …
The Somali business community in the region is looking to explore trade opportunities in Uganda at the first ever business summit between the two countries to be held in Kampala. …
German outdoor power tools manufacturer The Stihl Group is set to establish its East African hub in Kenya. The subsidiary dubbed Stihl East Africa will be servicing clients in Kenya, …
Investec, a bank that focuses on high-net-worth individuals in South Africa, will spend as much as £100,000 ($121,520) a year on each of its executive directors’ personal security as crime …
Chat us up