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, 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.
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 its Nigerian business, including its share in the Agbami oil field, to Nigerian-owned Chappal Energies.
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.
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’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
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
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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
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
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.
Cairo International Financial Center to be the most important financial center and the primary platform for venture capital funds in the Middle East.
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
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
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.
‘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 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
EU and Finnfund launch the Africa Connected Programme to mobilise more than €1 billion of sustainable investments in digital infrastructure.
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.
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.
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 Institute resolves to remove 5.4 trillion investment gap in emerging markets.
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
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
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, 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, 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, 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, the first dedicated gender focused investing Private Equity Fund in Africa, has invested $5m in a South African woman-owned textile company, IVILI Group.
The founders and shareholders of ExpressCredit Finance Group (ExpressCredit) have agreed to integrate ExpressCredit into Eleving Group’s global business portfolio.
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 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 to unveil a refreshed brand identity and two new websites, which demonstrate the firm's growing impact and commitment to underserved markets.
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 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 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, a South African payments infrastructure company, has raised $25 million in a Series A extension.
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 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.
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 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 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 rands en Afrique du Sud pour construire une usine automobile ultramoderne à Coega
East Africa is poised to unlock new pathways for trade, development and growth.
lobeducate invests in International Education Group alongside Saham, as Tana Africa Capital exits the business.
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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.
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
Tembo Gold Corp to announce that it has entered into a Licences Purchase Agreement with Lake Victoria Gold Ltd.
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, the pan-African-focused reinsurance group to announce that it has launched a new Captive Solutions offering.
Fibre deployment: The advantages and disadvantages of different fibre deployment methods by Shane Chorley, CEO at Frogfoot Networks
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.
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
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
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 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.
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, the Ugandan NREN, has partnered with Mesh ++, a connectivity solutions manufacturer based in Chicago, USA, to manufacture solar-powered Internet routers in Uganda.
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, 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, 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
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 anglophone grâce à une alliance stratégique avec Phillips Pharma Group, un Distributeur majeur dans la région.
Independent Anglo-French hydrocarbon producer Perenco has started production at the South Kole Marine oil project located 50km off the coast of Cameroon.
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.
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, 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 s'associe à Visa pour innover dans le domaine des paiements en Afrique.
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, 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.
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 transaction de vente du FPSO Espoir Ivoirien à son client pour un montant total de 20 millions de dollars.
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 pour ses activités au Ghana et au Sénégal.
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 Corp. announces that it has submitted withdrawal notices to its joint venture partners on Blocks 10BB, 13T and 10BA in Kenya.
Angola Cables et Orange ont conclu un accord de partage des infrastructures sur le réseau Ouest-Africain de Djoliba.
MTN GlobalConnect has attained a MEF 3.0 Carrier Ethernet Services Certification.
Bayobab, formerly known as MTN GlobalConnect to announce the strategic pan-African connectivity partnership with Microsoft.
AFIA PHARMA Ltd. has partnered with a top-notch telemedicine service, Babyl Rwanda to improve Rwandans patients' access to healthcare.
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
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 announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab.
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,Cote Ouest Audiovisuel Maurice et Atlantic Pictures Limited.
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.
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 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 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.
Egypt’s leading discount grocery retailer, Kazyon, attracts $165 million investment from a DPI-led consortium to fuel continued growth and regional expansion
.P. Morgan completed its previously announced acquisition of Aumni, a leading provider of investment analytics software to the venture capital industry.
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.
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 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 Technology signed an agreement with Naseni to accelerate the penetration of SPENN products and services in the largest African market – Nigeria.
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.
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.
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.