DealStreet Africa Financial Services LATEST NEWS Kenya’s Mwalimu Sacco edges key shareholder out of Spire Bank, begins search for strategic investor 3 weeks ago KENYA – Kenya’s Mwalimu National Sacco has acquired 100% ownership of the trouble-ridden local bank…
DealStreet Africa Financial Services LATEST NEWS Equity Bank Congo and Banque Commerciale Du Congo get regulatory approval for merger 3 weeks ago DRC – Equity Group Holdings Plc. (UGH) has received regulatory approval to merge Equity Bank…
LATEST NEWS Manufacturing & Retail People Berger Paints appoints Ogechi Iheanacho as Non-Executive Director 3 weeks ago NIGERIA – Berger Paints, a Nigeria-based company, which is engaged in manufacturing and marketing of paints…
Hospitality, Tourism & Entertainment LATEST NEWS New Markets & Products Mobile tech company Mondia launches its entertainment platform in Nigeria 3 weeks ago NIGERIA – Mondia, a mobile technology company, has announced the launch of its time-based entertainment platform Monsooq in…
DealStreet Africa Infrastructure, Construction & Real Estate LATEST NEWS South Africa’s REIT Attacq to dispose of its shares in MAS real estate for US$34.2m 3 weeks ago SOUTH AFRICA – South African-based Real Estate Investment Trust (REIT) Attacq, has announced that its…
Financial Services LATEST NEWS Zambian micro-lending startup PremierCredit raises US$650k funding from Enygma Ventures 3 weeks ago ZAMBIA – PremierCredit, Zambian micro-lending platform that also operates in Zimbabwe, has raised US$650,000 in…
Agriculture & Agribusiness LATEST NEWS New incubator for transport and logistic startups launched in Algeria 3 weeks ago ALGERIA – Algeria’s Minister of Transport, Lazhar Hani, has launched a new incubator dedicated to startups active in the transport…
Financial Services LATEST NEWS Kenya-based digital bank Umba raises US$2m seed funding to expand product range 3 weeks ago KENYA – Kenya-based digital bank for emerging markets Umba has announced a US$2 million seed…
LATEST NEWS Pharmaceuticals & HealthCare Start-ups Impact investor Villgro Africa backs Kenyan e-health startup Damu-Sasa with US$20k to enhance COVID-19 capabilities 3 weeks ago KENYA – Kenyan e-health startup Damu-Sasa, which runs an innovative end-to-end blood services information management…
Financial Services LATEST NEWS Sustainability & Renewable Energy Nedbank secures US$200m from IFC to increase green financing in South Africa 3 weeks ago SOUTH AFRICA – International Finance Corporation (IFC), a member of the World Bank Group, and…
DealStreet Africa LATEST NEWS Manufacturing & Retail Belgian VM Steel partners Moroccan Steel company to supply metallurgical products 3 weeks ago MOROCCO – VM Steel, a Belgian stock-listed exporter of a wide range of steel products has…
DealStreet Africa LATEST NEWS Pharmaceuticals & HealthCare Cleopatra Hospitals acquires 100% assets of Alameda Healthcare Group 3 weeks ago EGYPT – Cleopatra Hospitals Group (CHG) has signed an agreement for the acquisition of 100% of…
LATEST NEWS People Telecoms, ICT & Media Telecom giant MTN in board shake up 3 weeks ago SOUTH AFRICA – Africa’s biggest mobile operator MTN Group has announced some changes to its…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Private equity firm B Investment sells its 20% stake of Total Egypt to Total Outre-Mer 3 weeks ago EGYPT – B Investments Holding, an Egypt-based private equity firm, has signed a contract to sell…
Financial Services LATEST NEWS TLG Capital exits investment in Branch International Financial Services Limited 3 weeks ago NIGERIA – TLG Capital, an investment holding company, has announced its exit from Branch International…
DealStreet Africa LATEST NEWS Packaging company SOMIPEM closes second round to finance its development 4 weeks ago TUNISIA – Modern Plastic Industry and Packaging Company, SOMIPEM, has successfully closed its second round…
Investments, Financials & Economy LATEST NEWS Pharmaceuticals & HealthCare European Investment Bank launches US$60.9m Africa pharmaceutical manufacturing program 4 weeks ago AFRICA – The European Investment Bank (EIB) has launched the first ever scheme to strengthen…
Infrastructure, Construction & Real Estate LATEST NEWS Real estate agent SODIC partners with AAIB to launch e-payment solutions 4 weeks ago EGYPT – SODIC, a real estate agent, has signed a partnership agreement with the Arab…
Education & Capacity Building Govt. & Development Organisations LATEST NEWS Global Partners for Education backs Ethiopia, Mozambique and CAR with US$300m in grants 4 weeks ago ETHIOPIA – The Global Partnership for Education (GPE) has approved US$300 million in new grants…
Aviation, Transport & Logistics Investments, Financials & Economy LATEST NEWS Uganda Airlines receives its first widebody aircraft, A330neo Airbus 4 weeks ago UGANDA – Uganda Airlines, the country’s flag-carrier, has taken delivery of its first A330neo, the…
Aviation, Transport & Logistics LATEST NEWS New Markets & Products Morocco launches its first smart charging station for electric cars 4 weeks ago MOROCCO – Minister of Industry, Trade, and Green and Digital Economy Moulay Hafid Elalamy launched…
