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30-10-2014 23:52:00 | by: Administrator | hits: 22121053 | Tags:

STANLIB launches new fund to offer higher yield to corporate treasuries
07-12-2023 | 09:06:00
STANLIB has launched a new fund, the STANLIB Corporate Enhanced Yield Fund, in response to demand from SA’s corporate treasuries for a higher yield on a portion of the substantial cash they hold for longer dated requirements.
dLocal and Jeeves announce strategic partnership to streamline client payouts globally
07-12-2023 | 07:15:00
dLocal, a leading cross-border payment platform, is thrilled to announce its strategic partnership with Jeeves, a global financial technology platform that provides businesses with comprehensive financial solutions, to facilitate secure client payments across Africa, Asia, and Latin America.
AMETHIS, AFRICINVEST, PROPARCO et IFC acquièrent une participation majoritaire dans NETIS
06-12-2023 | 07:49:47
Un consortium d'investisseurs comprenant Amethis, Africinvest, Proparco et la Société financière internationale (IFC) a acquis une participation majoritaire dans Netis, un fournisseur panafricain de services d’infrastructures de télécommunications de premier plan.
Equinor sells Nigerian business to Chappal Energies
04-12-2023 | 06:43:56
Equinor sells its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.
[South Africa] Verdant Capital funds Enable Capital to support SMEs
01-12-2023 | 10:59:42
Enable Capital specialises in providing short-term funding solutions to SME subcontractors involved in the physical construction and deployment of local, regional, and national fibre network infrastructure across South Africa.
Over $3.4 trillion in retail investor capital could be mobilized to combat climate change, report
01-12-2023 | 10:51:37
The research – based on investor interest from a survey of 1,800 respondents – identifies a wider USD8.2 trillion of retail capital potential in sustainable investing and shows that climate investing is gaining traction.
Finnfund and Nokia join hands to close digital gap in South Africa
30-11-2023 | 07:15:00
Finnfund’s investment bridges the digital divide in South Africa with help of technology from Nokia.
Liquid Dataport enters into a strategic partnership with VIPNET in Côte d’Ivoire for digital transformation
29-11-2023 | 06:53:00
Liquid Dataport enters into a strategic partnership with VIPNET in Côte d’Ivoire accelerating economic growth through digital transformation.
[Free Webinar] Unlocking Success in New Markets: Cross-Border Payments Strategies for South African Businesses
23-11-2023 | 21:45:00
Embark on a journey through the dynamic realm of international finance with our upcoming webinar, where we unravel the intricacies of global payment strategies essential for triumph in the finance sector.
[Nigeria] ZCG and NSIA sign agreement for venture infrastructure investments
23-11-2023 | 10:05:00
This strategic collaboration offers the opportunity to leverage the unique economic and financial opportunities that are currently burgeoning within the African continent.
Access to Finance Rwanda, ConsumerCentriX,and Partners announce winners of SME Response Clinic Business Awards
22-11-2023 | 12:00:00
Access to Finance Rwanda and ConsumerCentriX today announced the winners of the inaugural SME Response Clinic Business Awards following the Twiteze Imbere campaign to recognize the role of small businesses in Rwanda’s road to recovery from the COVID-19 pandemic.
Afreximbank awarded “Sustainable Deal of the Year” for pioneering the Liquidity and Sustainability Facility
22-11-2023 | 11:30:00
The African Export-Import Bank (Afreximbank) has been recognised with a much-coveted “Sustainable Deal of the Year” award for its pioneering work in the establishment and development of the Liquidity and Sustainability Facility (LSF), a vehicle that seeks to increase liquidity and demand for Eurobonds issued by African Sovereigns.
CIF in building the most important financial center for the Middle East
22-11-2023 | 11:00:00
Cairo International Financial Center to be the most important financial center and the primary platform for venture capital funds in the Middle East.
IFC, T. Rowe Price to create first global blue bond strategy to support blue economy
21-11-2023 | 10:10:00
The proposed T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue) is expected to mobilize international capital from eligible investors to support blue-labeled investments in emerging markets globally.
Afreximbank launches Intra-African EPC Contract Promotion Programme as IATF2023 hosts Presidential Summit
16-11-2023 | 06:00:00
The African Export-Import Bank (Afreximbank) in Cairo launched a new initiative that will open doors, allowing African contractors to capitalize on various infrastructure investments available across the continent.
FSD Africa Investments invests $3 million to a digital platform linking buyers to small-scale carbon projects in Africa
08-11-2023 | 13:02:25
The platform was presented to King Charles at a tech and innovation showcase during the monarch’s state visit to Kenya last week alongside BURN, the clean cookstove company, which is one of the first companies to join the platform.
In Partnership with the RDB, Move Afrika to take place every year for the next five years in Kigali
06-11-2023 | 08:45:00
‘Move Afrika’ to Galvanize a citizen-led advocacy campaign to promote health and equity, defend our planet, and create economic opportunity.
Shippo and Cover Genius partner to enhance insurance solution for merchants
30-10-2023 | 19:30:00
Shippo and Cover Genius have partnered to debut Shippo Total Protection, an enhanced insurance solution for merchants.
EU and Finnfund to mobilise more than €1 billion of sustainable investments in digital infrastructure
30-10-2023 | 06:48:00
EU and Finnfund launch the Africa Connected Programme to mobilise more than €1 billion of sustainable investments in digital infrastructure.
Alios Finance cherche à céder ses actifs au Cameroun, en Côte d'Ivoire et au Gabon
30-10-2023 | 06:31:00
Le groupe Alios Finance, présent dans 9 pays d’Afrique subsaharienne sur le marché du crédit-bail, est en négociations avec un investisseur pour céder ses actifs en Côte d’Ivoire, au Gabon et au Cameroun.
New tool to reduce $5.4 trillion ESG investment gap in emerging markets
29-10-2023 | 21:35:00
After the success of the Inclusive ESG Framework developed by FII Institute in 2022, this year, FII Institute has partnered with ESG Book to create an online tool and score for investors to analyze ESG performance and make better investment decisions.
Verve partners with Sterling Bank to unveil its first credit card
27-10-2023 | 09:00:00
This partnership marks another milestone in Verve's journey as a payment brand focused on improving the lives of Africans one card at a time, deepening financial inclusion, and facilitating access to credit in partnership with card issuers.
[Future Investment Initiative 2023] Resolution to increase ESG investment in emerging markets
26-10-2023 | 19:15:00
Future Investment Initiative Institute resolves to remove 5.4 trillion investment gap in emerging markets.
Life Healthcare partners with RMB to sell its interest in Alliance Medical Group
26-10-2023 | 07:45:00
Life Healthcare (LHC) is selling 100% of its interest in UK-based diagnostics business Alliance Medical Group (AMG) to iCON Infrastructure LLP, in a deal worth ZAR 21 billion (GBP 910 million).
Perenco Oil & Gas Gabon to announce the startup of production following the Hylia South West Discovery
23-10-2023 | 08:00:00
Perenco Oil & Gas Gabon (POGG) has announced the successful startup of production following the Hylia South West Discovery located offshore Gabon in 40 meter water depth, 10km south of the Hylia field.
Le Groupe BGFIBank renforce son investissement au Congo à travers l'accord de rachat de la Société Générale
23-10-2023 | 07:45:00
L'ambition africaine du Groupe BGFIBank s'affirme avec la signature par sa filiale BGFBank Congo d'un acoord pour l'acquisition de la participation de la République du Congo au capital social de la Société Générale Congo.
IFC and Sony partner to support growth of creative businesses in Africa
23-10-2023 | 06:50:15
IFC, a member of the World Bank Group, and Sony Group Corporation announced the signing of a cooperation agreement to identify investment opportunities in companies in the creative industries in Africa.
IFC et Sony s'associent pour soutenir la croissance du secteur de la création en Afrique
23-10-2023 | 06:42:00
IFC, membre du Groupe de la Banque mondiale, et Sony Group Corporation ont annoncé la signature d'un accord de coopération visant à rechercher des opportunités d'investissement dans des entreprises des industries créatives en Afrique.
Oasis Capital Ghana makes first exit of its holdings in Legacy Girls College (LGC)
19-10-2023 | 08:28:56
Oasis Capital Ghana, an SME growth equity investor in West Africa, has announced the successful exit of its holdings in Legacy Girls College (LGC), an educational institution based in Ghana catering exclusively to female students.
Alitheia IDF has invested $5m in a South African woman-owned textile company, IVILI Group
19-10-2023 | 08:26:10
Alitheia IDF, the first dedicated gender focused investing Private Equity Fund in Africa, has invested $5m in a South African woman-owned textile company, IVILI Group.
ExpressCredit Finance Group has been integrated into Eleving Group
19-10-2023 | 07:30:00
The founders and shareholders of ExpressCredit Finance Group (ExpressCredit) have agreed to integrate ExpressCredit into Eleving Group’s global business portfolio.
Emerging markets investment bank BancTrust announces launch of affiliate in Nigeria
13-10-2023 | 09:58:36
BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, has announced the official launch of a new affiliate office in Lagos, Nigeria.
MAX expands operations into Cameroon and Ghana
11-10-2023 | 14:20:00
MAX partners with OEMs, EV manufacturers, and fleet owners to provide vehicle financing and subscriptions to gig drivers and mobility entrepreneurs via termed contracts and service bundles.
CrossBoundary Group unveils refreshed brand to embark on a new era
09-10-2023 | 14:28:27
CrossBoundary Group to unveil a refreshed brand identity and two new websites, which demonstrate the firm's growing impact and commitment to underserved markets.
Trident OGX Congo secures US$300 million to raise crude oil production growth in Congo
09-10-2023 | 14:10:00
The Afreximbank in Brazzaville signed an agreement to provide a $300 million facility to Trident OGX Congo in a transaction expected to raise the Republic of Congo’s crude oil production by an estimated 30 per cent.
Altera awarded contracts with Eni for the Baleine Field
09-10-2023 | 13:45:47
Altera Infrastructure has been awarded contracts for redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Côte d'Ivoire.
Visa, YellowPepper & ABHI partner to provide Account-to-Account payments in CEMEA Region
04-10-2023 | 15:04:00
Visa announced a partnership agreement with ABHI that aims to revolutionize the financial landscape by driving innovation, promoting financial inclusion, and accelerating the adoption of new payment solutions in the CEMEA region.
Stitch announces $25 million Series A Extension
04-10-2023 | 13:18:00
Stitch, a South African payments infrastructure company, has raised $25 million in a Series A extension.
IFC et PROPARCO soutiennent le développement des infrastructures urbaines durables au Rwanda
04-10-2023 | 10:44:00
La Société financière internationale (IFC) et Proparco, ont annoncé un accord de financement avec le Groupe Duval pour développer à Kigali un projet immobilier à usage mixte, respectueux du climat, qui appliquera des méthodes de construction durables et permettra de créer des centaines d'emplois.
Amethis announce an investment in Energy Transfo
02-10-2023 | 15:25:31
Amethis is pleased to announce that it has acquired a minority stake in Energy Transfo, a major player in the design and manufacture of solutions for the electricity and renewable energy sectors in Morocco.
Mango expands its online sales with the entry into twenty new markets
27-09-2023 | 13:39:00
The company continues its international growth plan for the online business with the entry into 22 new countries, especially on the African continent, to exceed 110 markets worldwide.
Incofin sells its equity stake at Unguka Bank in Rwanda
27-09-2023 | 12:56:00
Incofin just sold its 28% equity stake that its Rural Impulse Fund (RIF II) had in Unguka Bank to LOC Holdings, one of the leading global financial platforms for micro, small and medium entrepreneurs (MSMEs).
Mediterrania Capital IV receives a €20 million commitment from CDP Group
27-09-2023 | 12:45:00
Mediterrania Capital Partners to announce that Cassa Depositi e Prestiti S.p.A. (CDP Group) will be investing €20 million in the new MC IV fund to support mid-cap companies in North and Sub-Saharan Africa.
Stellantis investit 3 milliards de ZAR dans une nouvelle usine automobile en Afrique du Sud
21-09-2023 | 13:20:00
Stellantis investit 3 milliards de rands en Afrique du Sud pour construire une usine automobile ultramoderne à Coega
[Column] Patrick Mweheire: Major investment drive sparks East African trade and development
15-09-2023 | 15:13:00
East Africa is poised to unlock new pathways for trade, development and growth.
Tana Africa Capital exits the business
11-09-2023 | 16:00:59
lobeducate invests in International Education Group alongside Saham, as Tana Africa Capital exits the business.
Modern trends in investment platforms: How technology is shaping our investment world
07-09-2023 | 09:00:00
Let the power of AI drive your financial success and watch your dreams take flight.
Unilever South Africa-Marga to acquire Dermalogica
31-08-2023 | 12:42:33
Unilever-controlled Marga is set to make a major corporate changeover after the Competition Commission of South Africa gives them the green light to acquire popular skincare company Dermalogica.
JOGMEC Signed an agreement with 5 African countries to secure critical minerals
30-08-2023 | 13:11:58
Japan has signed agreements with five African countries to explore and extract critical minerals used in high-tech industries.
Tembo Gold announces transformative acquisition and landmark investment from Tanzanian strategic investor
30-08-2023 | 11:44:47
Tembo Gold Corp to announce that it has entered into a Licences Purchase Agreement with Lake Victoria Gold Ltd.
[Tanzania] Scirocco Energy sale to Ruvuma PSC has been extended
30-08-2023 | 11:25:41
Scirocco Energy, the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets announces an update regarding the Ruvuma transaction.
Africa Specialty Risks launches new captive solutions offering
28-08-2023 | 15:38:30
Africa Specialty Risks, the pan-African-focused reinsurance group to announce that it has launched a new Captive Solutions offering.
[Column] Shane Chorley: The advantages and disadvantages of different fibre deployment methods
24-08-2023 | 13:48:08
Fibre deployment: The advantages and disadvantages of different fibre deployment methods by Shane Chorley, CEO at Frogfoot Networks
Afrika Insights Inc joins The Canada-Africa Chamber of Business
16-08-2023 | 10:00:53
Afrika Insights Inc., an Ontario-based risk advisory and publishing company, joined The Canada-Africa Business Chamber, ahead of the annual Canada-Africa trade and investment forum, Africa Accelerating.
Spiro signe un accord de $63 millions pour accélérer le déploiement des moto électriques
14-08-2023 | 12:08:00
Un prêt de 63 millions de dollars US avec la Société Générale et GuarantCo pour accélérer le déploiement de ses deux-roues électriques.
Le Sénégal recevra 50 millions EUR d’Africa Finance Corporation pour stimuler le secteur pétrolier et gazier
14-08-2023 | 10:04:00
L’investissement d’AFC dans le champ pétrolier Sangomar sera utilisé pour soutenir la première phase du lancement de la production de pétrole, un jalon clé dans la promotion du secteur des hydrocarbures du pays
Coris Holding signe un accord avec Société Générale en vue du rachat de ses filiales en Mauritanie et au Tchad
10-08-2023 | 16:07:00
Le Groupe Coris annonce la signature d’un Accord pour le rachat des filialesSociété Générale Mauritanie et Société Générale Tchad, actuellement détenues majoritairement par le Groupe Société Générale.
Endeavour announces the sale of its non-core Boungou and Wahgnion Mines
09-08-2023 | 11:28:00
Endeavour Mining plc to announce that it has closed the sale of its 90% interests in its Boungou and Wahgnion non-core mines in Burkina Faso to Lilium Mining, a subsidiary of Lilium Capital.
United Kingdom Government reiterates commitment to Africa’s green industries
07-08-2023 | 16:53:00
In line with the UK Government’s commitment to supporting clean, green and sustainable economic growth in Africa, UK Foreign Secretary James Cleverly visited a Nigerian e-mobility platform and electric vehicle assembler, MAX Nigeria.
RENU partners with Mesh++ to manufacture solar-powered internet routers in Uganda
03-08-2023 | 12:58:00
RENU, the Ugandan NREN, has partnered with Mesh ++, a connectivity solutions manufacturer based in Chicago, USA, to manufacture solar-powered Internet routers in Uganda.
Vantage Capital investit 30 millions d’euros dans Promamec
31-07-2023 | 15:48:00
Les fonds investis par Vantage Capital ont permis la sortie du fonds d'investissement AfricInvest et serviront également à financer en partie la prochaine phase de développement de Promamec.
Airtel Africa commence le déploiement de la 5G dans trois pays
27-07-2023 | 13:37:00
Airtel Africa, l’un des principaux fournisseurs de services de télécommunications et d’argent mobile, présent dans quatorze pays d’Afrique, a commencé au Nigéria à déployer le réseau 5G pour offrir une expérience améliorée à ses clients.
Vantage Capital to invest $25 million in Aquasantec International
24-07-2023 | 15:36:00
Vantage Capital, Africa’s largest mezzanine debt fund manager, announced that it has made an investment into Aquasantec International, a manufacturer and distributor of water tanks, pipes and related products, addressing water, sanitation and hygiene needs across the East African region.
SONATRACH – TotalEnergies en collaboration dans le domaine des hydrocarbures et des énergies renouvelables
13-07-2023 | 14:12:07
SONATRACH et TotalEnergies Signature de plusieurs accords dans le domaine des hydrocarbures et des énergies renouvelables.
Piex Group renforce sa présence dans les pays d’Afrique sub-saharienne
13-07-2023 | 13:57:00
Piex Group renforce sa présence dans les pays d’Afrique sub-saharienne anglophone grâce à une alliance stratégique avec Phillips Pharma Group, un Distributeur majeur dans la région.
Perenco started production at South Kole Project in Cameroon
06-07-2023 | 12:29:08
Independent Anglo-French hydrocarbon producer Perenco has started production at the South Kole Marine oil project located 50km off the coast of Cameroon.
Telecoms investment in Nigeria now $75.6bn – NCC
06-07-2023 | 11:28:00
The Executive Vice Chairman of the Nigerian Communications Commission, Umar Danbatta, has said the investment profile in the nation’s telecommunications sector now stands at 75.6 billion as of 2021.
AfDB to make $11 million equity investment in BluePeak Private Capital Fund
03-07-2023 | 07:27:11
The investment advances the Bank’s goal of supporting mid-size firms, including in the pharmaceuticals, agribusiness, manufacturing, and logistics sectors, across Africa.
Stanbic Bank to reinforce its role in East Africa's Oil and Gas sector
26-06-2023 | 16:52:00
Stanbic Bank, a leading financial institution in South Sudan one of the silver sponsor of the sixth edition of the South Sudan Oil and Power (SSOP) 2023 conference and exhibition . Themed, "The Engine of East African Growth" SSOP 2023 reinforced its role in Oil and Gas Sector Develompement.
WeCashUp rejoint le programme Fintech Fast Track de Visa
26-06-2023 | 16:44:00
WeCashUp s'associe à Visa pour innover dans le domaine des paiements en Afrique.
Afreximbank signs factoring deals of EUR 23 million to boost factoring in Africa
26-06-2023 | 14:49:30
Afreximbank is ramping up support for factoring in Africa with the signing of deals to provide lines of credit totaling EUR 23 million to enable factoring companies expand their factoring activities in Africa.
Haul247 secures $3 Million seed funding To drive innovation in Africa’s Logistics Industry
15-06-2023 | 17:06:00
Haul247, an end-to-end logistics tech platform connecting businesses to haulage and warehousing assets, has raised $3 million in a seed funding round. Haul247 will use the investment to increase its market share in Nigeria, expand to other African markets, recruit talent, and develop its technology.
Industrialization et la création d’emplois au nord du Nigéria et au Sahel
14-06-2023 | 14:35:00
IFC et ses partenaires soutiennent BUA à travers une facilité de 500 millions de dollars visant à promouvoir l’industrialisation et la création d’emplois au nord du Nigéria et au Sahel
BW Offshore a conclu la cession du FPSO Espoir Ivoirien
14-06-2023 | 14:02:44
BW Offshore a conclu la transaction de vente du FPSO Espoir Ivoirien à son client pour un montant total de 20 millions de dollars.
FBC Holdings Limited (FBCH) signs agreement to purchase Standard Chartered’s business in Zimbabwe
12-06-2023 | 17:01:00
FBC Holdings Limited (FBCH) and Standard Chartered Bank have entered into an agreement for the acquisition of Standard Chartered’s business in the Republic of Zimbabwe, subject to the approval of the regulatory authorities including the Reserve Bank of Zimbabwe (RBZ).
Proparco soutient GRAVITA, une société indienne de recyclage industriel
31-05-2023 | 10:38:00
Proparco soutient GRAVITA, une société indienne de recyclage industriel pour ses activités au Ghana et au Sénégal.
Perenco lance une nouvelle plateforme pour optimiser la production de brut
29-05-2023 | 11:16:01
En République démocratique du Congo (RDC), la compagnie pétrolière et gazière Perenco a officialisé la mise en service d’une nouvelle plateforme de production en mer, à Muanda, à l’extrême ouest du pays.
Africa Oil announces the decision to withdraw from its Kenya Project
25-05-2023 | 07:51:44
Africa Oil Corp. announces that it has submitted withdrawal notices to its joint venture partners on Blocks 10BB, 13T and 10BA in Kenya.
Angola Cable et Orange signent une accord de partage d'infrastructures en Afrique de l'Ouest
25-05-2023 | 07:42:00
Angola Cables et Orange ont conclu un accord de partage des infrastructures sur le réseau Ouest-Africain de Djoliba.
MTN GlobalConnect achieves MEF 3.0 Carrier Ethernet Services Certification
24-05-2023 | 07:53:00
MTN GlobalConnect has attained a MEF 3.0 Carrier Ethernet Services Certification.
Bayobab and Microsoft form strategic connectivity partnership enabling future growth for Africa
24-05-2023 | 07:48:19
Bayobab, formerly known as MTN GlobalConnect to announce the strategic pan-African connectivity partnership with Microsoft.
AFIA PHARMA has partnered with Babyl Rwanda to improve patients' access to healthcare.
22-05-2023 | 13:19:00
AFIA PHARMA Ltd. has partnered with a top-notch telemedicine service, Babyl Rwanda to improve Rwandans patients' access to healthcare.
Africa50 and Bayobab in partnership to develop pan-African terrestrial fibre
22-05-2023 | 07:39:52
Bayobab and Africa50 signed a partnership to develop Project East2West, a terrestrial fibre optic cable network connecting the eastern shores of Africa to those on the continent’s west.
Africa50 et Bayobab s'associent pour développer les réseaux de fibres optiques terrestres en Afrique
22-05-2023 | 07:31:00
Bayobab et Africa50 ont signé lundi un partenariat visant à développer le projet East2West, un réseau de câbles terrestres à fibres optiques reliant la côte est de l'Afrique à celle de l'ouest du continent.
MTN GlobalConnect rebrands as Bayobab to strengthen its commitment to digitally connecting Africa
22-05-2023 | 07:19:32
MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab.
Banks, regulators and fintechs drive global investment into Ghana, report
19-05-2023 | 08:38:24
AZA Finance released a brief unveiling critical insights in the Ghanaian fintech landscape, emphasizing the crucial roles of banks, regulators, and fintech in driving global investment into this thriving market.
Mediawan annonce l’acquisition des sociétés Côte Ouest
18-05-2023 | 12:41:00
Mediawan annonce l’acquisition des sociétés Côte Ouest,Cote Ouest Audiovisuel Maurice et Atlantic Pictures Limited.
Nouvelle coopération entre Sinopharm Foreign Trade signe et LAPROPHAN
15-05-2023 | 13:29:00
La coopération couvre tous les domaines de la santé et de la médecine, notamment les préparations pharmaceutiques, les principes actifs, les articles de conditionnement, les consommables pharmaceutiques et les dispositifs médicaux ainsi que les équipements et matériels de production pharmaceutique.
Promesse d’achat de CMA CGM pour 100% de Bolloré Logistics
15-05-2023 | 10:52:00
Groupe Bolloré a reçu une offre spontanée du Groupe CMA CGM pour l’acquisition de ses activités de commission de transport et de logistique regroupée dans Bolloré Logistics.
Mediterrania, Proparco, DEG et FMO déboursent 75 millions € pour acquérir une part du Laprophan
15-05-2023 | 09:58:00
Mediterrania Capital Partners (MCP) a dirigé un consortium d’investisseurs comprenant Proparco, FMO et DEG, dans la signature d'un accord d’un montant de 75 millions € avec la société marocaine Laprophan, active dans le secteur pharmaceutique.
INX-ZA launches Eastern Cape Internet exchange point
11-05-2023 | 11:08:09
INX-ZA has announced the launch of a new Internet exchange point in Nelson Mandela Bay, which it says will help boost the growth and development of the Eastern Cape Internet ecosystem.
Kazyon attracts $165 million investment from DPI-led consortium
11-05-2023 | 10:52:00
Egypt’s leading discount grocery retailer, Kazyon, attracts $165 million investment from a DPI-led consortium to fuel continued growth and regional expansion
J.P. Morgan completed the acquisition of Aumni
10-05-2023 | 13:43:00
.P. Morgan completed its previously announced acquisition of Aumni, a leading provider of investment analytics software to the venture capital industry.
Vantage Capital signs a €30m deal with Promamec
08-05-2023 | 08:13:00
Vantage Capital, Africa’s largest mezzanine fund manager to announce that it has signed legal agreements relating to a €30 million equity investment for the acquisition of a significant minority stake in Promamec, which will facilitate the exit of the private equity fund AfricInvest, and fund growth capex.
TDF extends financing to PADDC to support Zambian SMEs supplying agribusiness and mining sectors
08-05-2023 | 07:57:13
he Trade and Development Fund (TDF) is extending a USD 2 million facility to Pangaea ADD Capital Limited (PADDC) to finance small and medium-sized enterprises (SMEs) supplying the mining and agribusiness sectors in Zambia.
Tower Resources applies to extend its exploration license on the Thali block
04-05-2023 | 17:12:00
Tower Resources announced the application to raise the necessary financing for the drilling of its oil wells on the Thali block (119.2 km²) in the Rio del Rey basin in Cameroon.
SPENN completes strategic joint venture agreement to accelerate its entry into Nigeria
04-05-2023 | 10:27:35
SPENN Technology signed an agreement with Naseni to accelerate the penetration of SPENN products and services in the largest African market – Nigeria.
DPI and Co-Investors acquire Solevo Group
24-04-2023 | 13:01:02
Development Partners International (DPI) alongside minority co-investors South Suez and DEG have acquired 100% of Solevo Group, an African distribution platform for specialty chemicals, from Helios Investment Partners.
[column] Oluwatobi Amusan : Financial Inclusion in Africa with Embedded Trade Finance
24-04-2023 | 12:48:12
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.
Completion of Acquisition of Minority Share in Panoro’s Tunisian Business
24-04-2023 | 12:00:00
Panoro announced it had entered into a definitive agreement with Beender Tunisia Petroleum Limited to purchase its 40 percent shareholding in Sfax Petroleum Corporation AS.