Afreximbank invests in Bloom Africa Holdings Limited
The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment subsidiary, has announced its investment into Bloom…
Investment
AfDB inaugurates regional office building in Cameroon
The African Development Bank (AfDB) has inaugurated an ultramodern regional office building in Yaoundé, Cameroon in a move…
Morocco to outline its clean energy prospects
Moroccan Agency for Sustainable Energy (MASEN) Acting CEO Tarik Hamane will outline the country’s clean energy prospects at…
Admaius Capital Partners, Egyptian Parkville ink strategic partnership
Admaius Capital Partners, an Africa focussed private equity investor operating across several growth markets, today announced a strategic…
U.S. Chamber of Commerce to convene on advance with Africa
The U.S. Chamber of Commerce, in collaboration with the President’s Advisory Council on African Diaspora Engagement, is set…
Kigali set to host 2024 Africa CEO Forum
Kigali, the capital of Rwanda is set to host the 2024 Africa CEO Forum from 16 and 17…
123 WTO members finalize Investment Facilitation for Development Agreement
Ministers representing 123 the World Trade Organization (WTO) members, including Nigeria, Angola, Uganda, Zimbabwe, Malawi, Morocco, Togo and…
Africa Business Forum is held in Addis Ababa
By Woubishet Sisay – The seventh edition of the Africa Business Forum is held in Addis Ababa, Ethiopia…
Ethio Telecom set to offer shares to public
Ethio Telecom, the 100 percent state-owned company, is set to offer its shares to the public by listing…
Dream VC launches multi-country roadshow to encourage investment in Africa
By Andualem Sisay Gessesse – Dream Venture Capital (VC), the company engaged in accelerating the next generation of…
Renew Capital set to fund 50 tech startups in Africa
Renew Capital launched Renew Venture Lab Fund 2 (RVL2), aiming to invest in and empower up to 50…
Abu Dhabi business activity showcases growth in 2023
Abu Dhabi business activity showcases growth in 2023, according to the Abu Dhabi’s ‘Business Activity Report’ for the…
UNDP launches Africa’s startup revolution initiative
The United Nations Development Programme (UNDP) have just launched the bold and ambitious “timbuktoo” initiative together with African…
Global foreign direct investment up 3 percent, UN report
Global foreign direct investment (FDI) flows in 2023, at an estimated $1.37 trillion, showed a marginal increase (+3%)…
World Bank asses its $15 billion projects in Ethiopia
The World Bank and the Government of Ethiopia concluded assessment of the implementations of the 43 projects in…
Africa Finance Corporation exited its investment in Ghana’s Takoradi Port
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has exited its 35% equity investment in Atlantic…
UNCTAD, partners to showcase emerging trade opportunities for developing countries
For the first time at the annual climate summit, international organizations are set to spotlight policy options for…
Marrakech to host major African investment marketplace
The tourist city of Morocco, Marrakech, is set to host the major African investment marketplace, Africa Investment Forum,…
Husk secures $43 million for Africa, Asia energy projects
Husk Power Systems (Husk), the leading minigrid company serving rural communities in Sub-Saharan Africa and South Asia, has…
World Investment Forum calls for reshaping of world economy
The 8th World Investment Forum concluded in Abu Dhabi, the United Arab Emirates with a call to public…
Annual gathering to be hosted in Cape Town, South Africa
Bloomberg Africa Business Media Innovators” Forum 2023 is set to convene leaders from across Africa and internationally. Media,…
Abu Dhabi set to host World Investment Forum
The upcoming UNCTAD World Investment Forum (WIF), to be held from 16 to 20 October 2023 in the…
Nairobi climate summit urged to discuss animal protection
World Animal Protection and Partners have called upon African governments and the Africa Climate Summit 2023 to acknowledge…
IFC invests $11.5 billion in Africa in 2023
The International Finance Corporation (IFC) of the World Bank Group provided record financing of $11.5 billion in Africa…
Ethiopia, Egypt, Iran, Saudi Arabia, Argentina, UAE join BRICS
The economic bloc known as BRICS (Brazil, Russia, India, China and South Africa) that among others aims to…
Africa favorable for green businesses – UN report
Africa’s private sector can bolster its green agenda and drive increased GDP, higher income per capita, create tens…
Afrika Insights Inc joins Canada-Africa Chamber of Business
Afrika Insights Inc., an Ontario-based risk advisory and publishing company, joined The Canada-Africa Business Chamber last month, ahead…
Rwanda advised to improve public investment efficiency
A new technical report by the International Monetary Fund (IMF) released today advised Rwanda to improve its public…
Mali invites Russian businesses
The Finance and Economy Minister Alousseny Sanou and the head of the investment promotion agency Musa Ismaila Toure…
Vantage Capital invests €30 million in Promamec
Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it closed a €30 million equity investment for…