DealStreet Africa Hospitality, Tourism & Entertainment LATEST NEWS Hospitality investment platform Kasada acquires 1602-room hotel portfolio from AccorInvest 9 hours ago SOUTH AFRICA – Kasada Capital management through its Kasada Hospitality Fund LP (“Kasada”), has acquired…
DealStreet Africa Financial Services LATEST NEWS AfDB partners EIB to boost public and private sector investment in Africa 9 hours ago AFRICA – The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed…
Aviation, Transport & Logistics LATEST NEWS Ethiopian Airlines slashes air ticket prices by 15% 10 hours ago ETHIOPIA – Ethiopian Airlines (ET) has announced discounted air ticket prices of up to 15…
Aviation, Transport & Logistics LATEST NEWS Maputo port records 13% decline in cargo handled in 2020 11 hours ago MOZAMBIQUE – The port of Maputo, Mozambique has recorded a 13 percent decline in the…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Egypt signs 5 contracts for gold exploration with investments of US$13m to cover 13 sectors 11 hours ago EGYPT – The Egyptian Mineral Resources Authority (EMRA), affiliated to the Ministry of Petroleum and…
LATEST NEWS Mining, Energy, Oil & Gas Vale mining hires Barclays and Standard Chartered banks to sell coal assets in Mozambique 11 hours ago MOZAMBIQUE – Vale. SA, world’s largest iron ore producer, has hired investment banks Barclays and…
Infrastructure, Construction & Real Estate LATEST NEWS Lafarge Africa divests 35% shareholding in Continental Blue Investment Ghana 12 hours ago NIGERIA – Lafarge Africa Plc, a cement manufacturer, has announced to the Nigerian Stock Exchange…
DealStreet Africa Financial Services LATEST NEWS Microfinance entity Xtenda Finance Ltd to acquire 45% stake in MyBucks Zambia for US$2.7m 13 hours ago ZAMBIA – Fintech company MyBucks Group has entered into an agreement with Xtenda Finance Limited,…
Aviation, Transport & Logistics DealStreet Africa LATEST NEWS UKEF finances Bombardier consortium with US$2bn to build two new monorails in Egypt 13 hours ago EGYPT – A consortium led by Bombardier, a manufacturer of business jets, public transport vehicles,…
DealStreet Africa Financial Services LATEST NEWS First Abu Dhabi Bank acquires 100% stake in Bank Audi’s Egypt operations 14 hours ago EGYPT – First Abu Dhabi Bank and Bank Audi Lebanon have announced the signing of…
LATEST NEWS Mining, Energy, Oil & Gas People Nick Holland to step down as CEO of Gold Fields after 13 years at the helm 14 hours ago SOUTH AFRICA – Gold mining company Gold Fields has announced the retirement of its long…
DealStreet Africa Financial Services LATEST NEWS Pension fund NSSF raises stake in KCB Bank to 7.99% after buying more shares 15 hours ago KENYA – Pension fund National Social Security Fund (NSSF) has purchased an additional 8.55 million…
DealStreet Africa LATEST NEWS Sustainability & Renewable Energy Escotel secures US$25m from World Bank’s MIGA for solar power generation in West Africa 16 hours ago WEST AFRICA – Escotel Mauritius, an energy services company, has secured a guarantee of up…
DealStreet Africa Financial Services LATEST NEWS Nigeria’s biggest bank Access to merge with Cavmont Bank Namibia 1 day ago NAMIBIA – Access Bank, Nigeria’s biggest commercial bank has identified eight African countries for potential…
Financial Services LATEST NEWS People Investment manager Amethis appoints 2 new partners in the firm bringing the number to 6 1 day ago AFRICA – Amethis, an investment fund manager dedicated to the African continent, has announced the…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Mining firm Vale buys out partner in Mozambique, divests coal assets 1 day ago MOZAMBIQUE – Global mining company Vale has said it is buying out minority stake partner,…
DealStreet Africa LATEST NEWS Manufacturing & Retail DEG finances toy company Steiff’s African production facility to safeguard jobs during the pandemic 1 day ago TUNISIA – DEG, a German development finance institution, is providing German toy company Steiff’s African…
Aviation, Transport & Logistics LATEST NEWS New Markets & Products Nigeria’s automotive startup Autocheck expands its operations to Ghana 1 day ago GHANA – Autochek, a Nigerian automotive startup that combines technology and data to create a…
Hospitality, Tourism & Entertainment Investments, Financials & Economy LATEST NEWS Telecoms, ICT & Media South Africa’s Hotel Sky deploys robots that deliver room service to guests 2 days ago SOUTH AFRICA – Hotel Sky, based in Johannesburg, is disrupting South Africa’s hospitality sector after sparing no…
DealStreet Africa LATEST NEWS Telecoms, ICT & Media Bango partners digital payment platform Tpay Mobile to increase digital commerce 2 days ago GLOBAL – Bango, a data-driven commerce company, has formed a strategic partnership with Tpay Mobile,…
Govt. & Development Organisations Infrastructure, Construction & Real Estate LATEST NEWS Kenya to receive US$72.8m from UK for affordable housing scheme 2 days ago KENYA – Th United Kingdom has pledged US$72.8 million to Kenya to fund the construction…
