Britain announced on Monday it will fund green investments of more than 3 billion pounds ($4.11 billion) over five years and new guarantees to support clean infrastructure projects in developing …
Business Policies
- Business PoliciesGlobal News
Centum Investment Group said Friday it is in advanced talks to acquire three undisclosed Kenyan companies months after making a string of exits. Centum Capital Partners, a wholly-owned and independently …
- Business PoliciesEastern AfricaGlobal NewsSafaricom
US delays Sh54bn loan for Safaricom Ethiopia entry
A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …
An undersea cable linking the electricity grids of Cyprus and Egypt could be key to helping both countries transition to a green economy and meet their commitments on battling climate …
Zimbabwean government has partnered with one of the largest marine terminal operators in the world, DP World owned by the government of Dubai in the United Arab Emirates as it …
- AfricaBusiness PoliciesEastern Africa
European Investment Bank to finance Rwandan businesses with EUR 95 Million
New investments by companies across Rwanda most impacted by COVID-19 will be supported with EUR 95 million of new financing backed by the European Investment Bank (EIB). The funds will …
Mauritius has surpassed South Africa as the wealthiest country in Africa on the back of its many initiatives and policies to attract investors. According to the latest report by New …
- Business PoliciesSouthern Africa
Mauritius needs to prioritise the fight against money laundering and terrorist financing
Following the exit of Mauritius from the grey list of the Financial Action Task Force (FAFF) last week, the president of the global money-laundering watchdog since July 2020, considers that …
The president of the African Development Bank, Akinwunmi Adesina, has criticised Nigeria’s failure to diversify its export base to high-value market products, saying the country has focused more on replacing …
Turkish President Recep Tayyip Erdogan has announced a credit line of 500 million U.S. dollars to help boost Angola’s economic development. He made the announcement at a joint press conference …