Wednesday, October 23, 2019
Abu Dhabi Investment Authority (ADIA), world's third-biggest sovereign wealth fund, said it may invest more in renewable energy, as climate change fears prompt fund managers to look beyond fossil fuels. Abu Dhabi Investment Authority (ADIA), the world's third-biggest sovereign wealth...
JPMorgan Chase & Co plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday. “You’ll see us open in some countries we are not in, in Africa you’ll...
A new report by multinational professional services network PricewaterhouseCoopers (PwC) has identified how Africa’s ports and shipping sector could unlock the full potential of its economic growth. The report, ‘Strengthening Africa’s gateways to trade’, which PwC developed in response to the...
Zimbabwe and Zambia have agreed on principles for the US $5bn Batoka Gorge Hydro Electricity project secured by Harare, paving way for a technical meeting this week between experts from two the countries. Zimbabwe recently received an expression of interest...
Following prolonged delays in the expansion of the Hwange Thermal Power Station, due to financial constraints, the project has secured $116 million to proceed. The Zimbabwe Power Company (ZPC) is set to receive equity contributions from Standard Bank South Africa...
Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s longstanding relationship with Oltio, a startup that pioneered and patented several mobile payments and banking solutions, including an authentication...
Kenya and Tanzania have plans to construct a 412 km road that will connect Malindi and Bagamoyo. The road is expected to ease movement between the two countries’ coastlines. It is not clear though as to when the project will...
The Emerging Africa Infrastructure Fund (EAIF) has announced the financing for a large-scale water treatment plant in Rwanda. The water treatment plant is the first Bulk Surface Water Supply in sub-Saharan Africa using a public/private partnership (PPP) model. It is also...
South African Shoprite Holdings SHPJ.J will move into Kenya, where weakened competitor positions have opened an opportunity for Africa’s biggest grocer to expand its presence in East Africa, its chief executive Pieter Engelbrecht said on Tuesday. South African retailers have struggled to...
The Government of Rwanda and Metito have announced the financial close of the Kigali Bulk Water Supply Project. This project is the first competitively tendered Build Operate Transfer (BOT) Water Concession in Sub-Saharan Africa outside of South Africa. Construction is forecasted to last...
- Advertisement -

FOLLOW US

9,016FansLike
19,910FollowersFollow
1,070SubscribersSubscribe
- Advertisement -

RECENT EVENTS