SOUTH AFRICA – Saudi Arabia is holding talks with South Africa to build an oil refinery in the country as part of a pledge to…
KENYA - International Finance Corporation, the financial arm of the World Bank is set to invest US$6 million (Sh 600 million) in technology companies in…
AFRICA – United Kingdom’s development finance institution, CDC has appointed Stephen Priestley as new Managing Director, Funds and Capital Partnerships, in charge of investments in…
MOROCCO - CDG Capital Private Equity has announced an investment in Laboratoires Steripharma, a Moroccan pharmaceutical laboratory that manufactures generic medicines. According to the terms…
Kenya – the affordable housing plan, a low cost housing initiative as part of President Kenyatta’s agenda, has received investment pledges running into US$26 billion…
MOROCCO - CDG Capital, a Moroccan investment bank focused on growth investments for SMEs has announced an unknown investment in SCE Chemicals, a leading specialty…
AFRICA - Bharti Airtel Ltd, the India based telecommunications company plans to raise US$200 million (Rs 1400 crore from Qatar's state-owned holding company, Qatar Investment…
ETHIOPIA – The United States has invested US$40 million for the Support Goal Universal Health Coverage project in Ethiopia to improve the country’s capacity in…
Cote d’Ivoire – The Africa Finance Corporation (AFC), an infrastructure development finance institution in Africa, announced financial close of a credit facility towards Cote d’Ivoire’s…
SOUTH AFRICA –South Africa Airlines (SAA), a state-owned airline, has secured a US$250 million funding to enable the cash strapped firm to finance its working…