ETHIOPIA - A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the current cement shortage…
DRC - Raxio Group, a pan-African data centre developer and operator, has announced that it is establishing and investing in ‘Raxio Kinshasa’, the first in…
SOUTH AFRICA – E- hailing service provider Bolt has received a US$23.8 million capital injection from the International Finance Corporation (IFC), to expand mobility solutions…
ZIMBABWE - Pan-African multilateral trade finance institution African Export-Import Bank (Afreximbank) has approved US$70 million to finance the expansion and upgrade of the Beitbridge border…
EAST AFRICA – TradeMark East Africa (TMEA) and Finland have signed a three-year agreement to revive and boost trade in the region following a decline…
KENYA - The International Monetary Fund (IMF) has revised Kenya’s 2021 economic growth forecast upwards from 4.7% to 7.6% after reaching a financing agreement with…
AFRICA - Radisson Hotel Group has outlined plans to add 30 hotels and over 5,000 rooms to its portfolio across Europe, the Middle East and…
MAURITIUS – Investment bank SouthBridge Investments (SBI) and New African Capital Partners (NACP) have announced the launch of their joint venture named SBNA that will…
GHANA - Radisson Hotel Group, one of the largest Hotel Groups in the world, has signed a partnership agreement with Earlbeam Group of Companies to…
KENYA - End-to-end fundraising platform Raise, has raised US$25,000 funding from VC firm Microtraction to help it build out its platform and scale. Founded in…