LATEST NEWS Sustainability & Renewable Energy Multiconsult to set floating solar PV in three dams funded by KfW 6 months ago KENYA – Kenya Electricity Generating Company (KenGen) is contemplating the installation of floating solar plants…
LATEST NEWS ZINWA to finance US$946k for the rehabilitation of Wenimbe dam 6 months ago ZIMBABWE – Zimbabwe National Water Authority (ZINWA) has proposed a budget of US$946,159 (over Z$342.4…
Financial Services Investments, Financials & Economy LATEST NEWS CDC groups commits an additional US$75m to its trade finance facility with Absa Bank 6 months ago AFRICA – CDC Group, the UK’s development finance institution and impact investor, has announced an…
DealStreet Africa LATEST NEWS BlueOrchard Finance holds the final close of its IIF fund for climate insurance 6 months ago AFRICA – BlueOrchard Finance Ltd, a Swiss impact investment manager, has held the final close…
DealStreet Africa LATEST NEWS Debt fund EBF II secures US$10m from FMO for contribution of biodiversity conservation 6 months ago SUB SAHARAN – FMO, a Dutch development bank, has approved the commitment of US$10 million…
LATEST NEWS People Telecoms, ICT & Media Safaricom appoints its former CEO Michael Joseph as the new board Chairman 6 months ago KENYA – Safaricom, Kenya’s largest telco, has appointed Michael Joseph as the new board Chairman…
Financial Services LATEST NEWS People United Bank of Africa appoints 6 new CEOs to drive up group strategy in global subsidiaries 6 months ago AFRICA — United Bank for Africa Plc (UBA), a leading pan-African financial services institution, has…
Investments, Financials & Economy LATEST NEWS Egypt defies all odds to maintain credit rating at B+ with stable outlook – Fitch Rating 6 months ago EGYPT – Egypt has been able to maintain its credit rating at B+ with stable…
Govt. & Development Organisations LATEST NEWS Egypt gets readmitted by International Chamber of Commerce after 6 years in the cold 6 months ago EGYPT – Egypt has finally been readmitted into the International Chamber of Commerce’s membership after…
LATEST NEWS Mining, Energy, Oil & Gas Italy’s energy giant ENI discovers new gas deposits in Egypt’s Mediterranean offshore region 6 months ago EGYPT – A consortium of oil and gas drilling companies led by Italy’s Eni have…
DealStreet Africa LATEST NEWS Kraft Heinz to invest US$57.6m in Egypt in the next 5 years to expand market share 6 months ago EGYPT – Kraft Heinz, multinational food company headquartered in the United States is seeking to inject…
Agriculture & Agribusiness LATEST NEWS Kenyan county receives coffee milling machine from South Korean investor to boost production 6 months ago KENYA – Baringo County, located west of Kenya has received a coffee milling machine worth ksh.100…
Agriculture & Agribusiness DealStreet Africa LATEST NEWS South Africa’s Sundale Dairy forms US$4.25m JV with cheese processor Schreiber 6 months ago SOUTH AFRICA – South African dairy processor, Sundale Dairy has formed a joint venture with International…
Govt. & Development Organisations Investments, Financials & Economy LATEST NEWS Egypt secures US$639m from Arab Monetary Fund to support economy amid unrelenting COVID-19 pandemic 6 months ago EGYPT – The Government of Egypt has secured a US$639 million from the Arab Monetary…
Agriculture & Agribusiness Govt. & Development Organisations LATEST NEWS Morocco’s fertilizer in danger of being locked out of US market by an anti-subsidy duty 6 months ago MOROCCO – Morocco’s phosphate fertilizer could soon be locked out of the US market if…
Govt. & Development Organisations LATEST NEWS Morocco slaps Turkish textiles with higher tariffs to protect local industry 6 months ago MOROCCO – The Kingdom of Morocco’s has moved with urgency and determination to protect the…
LATEST NEWS Non-performing loans held by Nigerian banks drop to US$3.1bn in spite of COVID-19- CBN says 6 months ago NIGERIA – The Central Bank of Nigeria has reported that Nigerian banks have made tremendous…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Nigeria’s petroleum corporation secures US$1.5bn in oil-for-loan deal to boost dwindling cash reserves 6 months ago NIGERIA – The Nigerian National Petroleum Corporation has secured a US$1.5bn in an oil-for-loan deal…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Future Global Resources to acquire 90% stake in Ghana’s Bogoso-Prestea gold mine for US$95m 6 months ago GHANA – Future Global Resources Limited, the mining subsidiary of Blue Holdings Investment Group, is…
Investments, Financials & Economy LATEST NEWS Telecoms, ICT & Media Canal+ partners with satellite operator Eutelsat to launch DHT platform 6 months ago ETHIOPIA – Vivendi-owned French operator Canal+ is set to launch Ethiopia’s first premium DTH platform…
LATEST NEWS New Markets & Products Credit data marketplace CARMA expands its footprints to Zambia 6 months ago ZAMBIA – CARMA, Kenya-based credit data marketplace which provides lending companies with access to real-time…
