Cassava Technologies, An African Information technology company has announced closing a $50 million investment from a specialist venture capital firm, C5 Capital. The new funding was confirmed on Tuesday in …
INVESTMENT
-
-
INVESTMENTTechnology
AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund -CAIF
Investment company AfricInvest and venture capital firm Cathay Innovation, have announced the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund (CAIF) at €110M. The fund is …
-
AfricaEducationEntrepreneurshipINVESTMENTNigeriaWestern Africa
Suzuki Motors partners Automedics to Train Female Auto Technicians
Suzuki by CFAO Nigeria has entered into a partnership with Automedics Limited to train female auto technicians in Nigeria. The two firms signed a Memorandum of Understanding (MoU) to begin …
-
Banking, Finance & InvestmentBusinessINVESTMENTSouthern Africa
Standard Bank dismisses vaccination policy
Standard bank came under fire for dismissing 40 employees and placing others on special leave for refusing to vaccinate despite the company making it compulsory to do so. Earlier this …
-
Kenya and the United States have launched a strategic trade and investment partnership to pursue commitments to boost economic growth, support African regional economic integration and deepen trade cooperation. The …
-
Banking, Finance & InvestmentEastern AfricaEconomyINVESTMENTSanlamUncategorized
Sanlam Banks On Flexible Savings Solution To Enhance Insurance Penetration
Local non-bank financial services provider Sanlam Kenya has launched Flexi Hela, an innovative, flexible savings solution with a guaranteed return. The life savings product to be administered by Sanlam Life …
-
Over $1.2 billion has been raised and allocated to real estate investment in Africa over the past year. African property markets are poised for growth despite a slowdown in various …
-
AfricaBanking, Finance & InvestmentBusinessINVESTMENTSPORT
Premium Trust Bank becomes official banker for 2022 National Sports Festival.
Premium Trust Bank in fulfilling its brand promise of partnering for growth on Wednesday night, at the Government House in Asaba, joined the Delta State Government and the Hon. Minister …
-
Business PoliciesEconomyINVESTMENTSouthern Africa
JSE resumes trade after experiencing connection glitches.
The Johannesburg Stock Exchange (JSE) on Wednesday afternoon issued a note to traders stating that trading had been halted as a result of “intermittent disconnects across all markets and services.” …
-
BusinessINVESTMENTReal Estate
Centum Real Estate Issues Profit Warning Citing Lower Revaluation Gains
Centum Real Estate has issued a profit warning citing lower revaluation gains on investment property in the year ended 2022 compared to those posted in the year ended 2021. A …