Greenspoon has partnered with Roam to enhance its delivery services with Roam Air electric motorcycles. This collaboration offers ultra-fast, eco-friendly delivery of organic food across Kenya, reducing delivery times to under 99 ...
CloudPay secures $120 million in funding led by Blue Owl Capital to enhance its global payroll and payment solutions. This investment will support the integration of AI, automation, and advanced API connectivity, bolstering CloudP...
Qatar Investment Authority (QIA) invests $180 million in TechMet to enhance the supply of responsibly sourced critical minerals essential for clean energy transitions. This funding helps TechMet scale production of key minerals su...
Aramco has acquired an additional 22.5% stake in Rabigh Refining and Petrochemical Co. (Petro Rabigh) from Sumitomo Chemical for $702 million, raising its total ownership to 60%. This deal includes significant financial injections...
Fortis Green Renewables and Axian Energy have acquired stakes in Gigawatt Global Rwanda Ltd, a solar power plant in Rwamagana, Rwanda. This strategic investment supports renewable energy growth and energy inclusion in Africa, enha...
Afreximbank has committed $1.4 billion to the AMUFERT fertilizer plant in Soyo, Angola, aimed at boosting agricultural self-sufficiency and reducing fertilizer imports. Supported by OPAIA Group and Sonangol P&P Natural Gas, this p...
TotalEnergies has acquired SN Power, gaining stakes in major hydropower projects across Africa, including Uganda's Bujagali plant. This move enhances TotalEnergies' renewable energy portfolio and supports Africa’s energy transit...
The Jobtech Alliance, led by Mercy Corps and BFA Global, has expanded its portfolio with eight new platforms aimed at enhancing job opportunities across Africa. This initiative addresses high unemployment and economic barriers, of...
Sanlam and Allianz have launched their new joint venture brand, SanlamAllianz, in Ghana, following recent regulatory approvals. This pan-African financial services company, operating in 27 countries, aims to enhance financial incl...
Vertiv's Jon Abbott discusses the growing challenges faced by telecommunications and data center providers due to artificial intelligence (AI) demands. In Kenya, AI adoption is reshaping IT infrastructure, driving the need for acc...
Village Capital’s Reducing Inequalities Investment Facility has announced a $500,000 investment in Nigerian startup Coamana. This funding aims to enhance financial inclusion and market efficiency through Coamana's innovative dig...
South African climate-tech startup Plentify has closed an oversubscribed funding round with top African and North American investors. The funds will support Plentify’s growth in South Africa and its international expansion. Know...
Discover how West African organizations are driving efficiency and market growth through digital transformation. Learn about SAP Innovation Day Nigeria, featuring insights from leaders like Arnergy and ACED Consulting on leveragin...
USAID and KEPSA have announced a partnership to enhance the competitiveness of 160 Kenyan SMEs within the African Continental Free Trade Area (AfCFTA). The $199,988 grant will support SMEs, particularly those led by women and yout...
TotalEnergies has announced the sale of its 10% stake in the SPDC Joint Venture licenses in Nigeria to Chappal Energies for USD 860 million. This strategic divestment focuses TotalEnergies’ operations on offshore oil and gas ass...
ARISE IIP and Africa Finance Corporation have launched a $100 million capital pool to support African entrepreneurs in Special Economic Zones (SEZs). This initiative offers financing and comprehensive advisory services to boost in...
Explore how Afriland First Bank and Proparco collaborate to enhance trade finance in Cameroon, supporting SMEs and facilitating international trade through a renewed financial guarantee. Learn about their commitment to economic gr...
Explore how the European Investment Bank and the European Union are partnering to provide substantial financial support to Tanzanian banks, focusing on SMEs, startups, women entrepreneurs, and the blue economy. Learn about their c...
Learn about ITU's $16.2 million broadband mapping project benefiting 11 African countries, including Kenya, to enhance digital infrastructure and foster investment. Explore insights from the Global Symposium for Regulators GSR-24 ...
Discover how Bayer and Solynta are revolutionizing potato cultivation in Kenya and India with true potato seeds. This collaboration introduces hybrid potato varieties and sustainable agricultural practices to support smallholder f...
