Investments, Financials & Economy LATEST NEWS Start-ups Google launches first ever startup accelerator program for startups MENA 3 hours ago MENA – Google has announced that the launch of its first ever startup accelerator program,…
Investments, Financials & Economy LATEST NEWS Sustainability & Renewable Energy AfDB invests US$5m to deliver clean cooking technologies 3 hours ago AFRICA – The African Development Bank has approved a US$5 million investment in the SPARK+…
Investments, Financials & Economy LATEST NEWS Start-ups Future Africa invests US$1m in nine African startups in the third quarter of 2020 1 day ago NIGERIA – Future Africa, a platform that provides capital, coaching, and community for African innovators,…
Investments, Financials & Economy LATEST NEWS Telecoms, ICT & Media MainOne becomes the first Microsoft Azure Peering Services partner for West Africa 3 days ago NIGERIA – MainOne, a communications services company for business, has announced that it has become…
Investments, Financials & Economy LATEST NEWS Kenya’s GDP shrinks as COVID-19 pandemic hurts economy – World Bank 5 days ago KENYA – The latest World Bank economic analysis for Kenya projects the economy to contract…
Financial Services Investments, Financials & Economy LATEST NEWS Zenith Bank records a 4% rise in its gross earning in the third quarter of 2020 1 week ago NIGERIA – Zenith Bank Plc has announced that its gross earnings rose by 4% to…
Financial Services Investments, Financials & Economy LATEST NEWS Guaranty Trust Bank reports US$433m Profit before tax showing improved performance across key financial metrics 2 weeks ago NIGERIA – Guaranty Trust Bank (GTBank) has reported Profit before tax of ₦167.4 billion (US$433.17…
Investments, Financials & Economy LATEST NEWS Manufacturing & Retail SA’s online retailer Yebo Fresh raises Series A funding for expansion 2 weeks ago SOUTH AFRICA – Cape Town-based online retailer Yebo Fresh, which delivers food and household goods…
Investments, Financials & Economy LATEST NEWS Africa Capital Alliance backs Accelerex Holdings with US$20m investment 2 weeks ago MAURITIUS – Accelerex Holdings Mauritius, has announced signing an investment agreement with regional private equity…
Infrastructure, Construction & Real Estate Investments, Financials & Economy LATEST NEWS Equity’s venture capital arm set to construct Kigali Financial Towers 2 weeks ago RWANDA – Equity Bank’s venture capital is set to fund the construction of the Kigali…
Investments, Financials & Economy LATEST NEWS Telecoms, ICT & Media Remgro controlled CIVH plans to raise US$389m 2 weeks ago SOUTH AFRICA – CIVH, the Remgro-controlled telecommunications infrastructure holding company that owns both Vumatel and Dark…
Investments, Financials & Economy LATEST NEWS Automotive tech company Autochek raises US$3m pre-seed funding round 2 weeks ago NIGERIA – Autochek, an automotive technology company, has raised a US$3.4 million pre-seed funding round…
Investments, Financials & Economy LATEST NEWS E-commerce group Naspers invests US$2.9m in online learning platform, The Student Hub 2 weeks ago SOUTH AFRICA – Naspers, the South African e-commerce group, has announced an investment of US$2.9…
Investments, Financials & Economy LATEST NEWS Tata International Africa invests in new dealership for equipment manufacturer John Deere 2 weeks ago GHANA – Tata International Africa, a global trading and distribution company, has invested in a…
Infrastructure, Construction & Real Estate Investments, Financials & Economy LATEST NEWS Centum Real Estate floats US$37m housing project bond 2 weeks ago KENYA – Centum Real Estate Limited, a subsidiary of the Nairobi Securities Exchange -listed Centum…
Investments, Financials & Economy LATEST NEWS Pharmaceuticals & HealthCare Outlierz Ventures invests in three Nigerian startups to transform Africa’s traditional industries 2 weeks ago NIGERIA– Outlierz Ventures, an Africa-focused and Morocco-based business to business venture capital fund (B2B VC…
Financial Services Investments, Financials & Economy LATEST NEWS HD Bank records US$120m profit before tax for first nine months of 2020 2 weeks ago EGYPT – Housing and Development Bank (HD Bank) has reported a 6.3% Year on Year…
Financial Services Investments, Financials & Economy LATEST NEWS CDC Group commits US$100 to its existing agreement with Standard Chartered 2 weeks ago AFRICA – CDC Group, the UK’s development finance institution and impact investor, has committed an…
Investments, Financials & Economy LATEST NEWS Manufacturing & Retail Carrefour set to open fourth outlet in Cameroon in expansion spree 2 weeks ago CAMEROON – French retail group Carrefour in partnership with CFAO retail is planning to open its…
Investments, Financials & Economy LATEST NEWS Mining, Energy, Oil & Gas UK’s TechMet to invest US$20m in Rwanda’s mining sector 3 weeks ago RWANDA – United Kingdom -based TechMet has announced plans to deploy around US$20 million in…
Investments, Financials & Economy LATEST NEWS Start-ups Data marketplace firm CARMA secures Microtraction funding to launch in Nigeria 3 weeks ago KENYA – Kenya-based data marketplace startup CARMA, a provider of real-time credit data to lending…
