At the annual AfricaCom conference today, pan-African ICT investor, Convergence Partners and 4Di Group announced a recently concluded acquisition of a significant minority stake in ESET Southern Africa by Convergence Partners. ESET Southern Africa is the local distributor and...
AfricInvest, a leading pan-African mid-cap-focused private equity firm, is pleased to announce the first closing of its North African Fund (MPEF IV). The fund has received capital commitments of EUR137mn from prestigious finance institutions and expects the total to grow to more...
On Tuesday 28 November 2017, for the first time since the creation of Bitcoin in 2008, the cryptocurrency surpassed the USD $10 000 mark and it shows no signs of slowing down as it continues to climb towards $11...
Burkina Faso has launched West Africa’s largest solar power plant- Zagtouli solar power plant. This is in a deliberate move by the country to boost renewables and cut energy dependence on its neighbours.
The US $56.27m project has been funded in part...
This year there has been a fundamental change in the dynamics of migration from Western Africa to Europe. European governments, pressured to manage the large flow of migration from Sub-Saharan Africa, have blocked one of the primary transit routes...
Today, in the Côte d’Ivoire capital, ahead of the African Union-European Union Summit, the European Investment bank (EIB) signed its first, landmark agreement with the African Export Import Bank (Afreximbank). The agreement involves a finance facility for EUR 100m...
The Minister of Finance, Mrs Kemi Adeosun says Nigeria has raised three billion dollars at the international capital market.
She made this known in a statement issued by Mr Oluyinka Akintunde, the Special Adviser, Media and Communications on Wednesday in...
With real GDP growth at near zero and fiscal projects trending downward, it’s unsurprising Standard & Poor’s didn’t wait for the ANC leadership contest in late 2017, or the next budget release, to cut the country’s credit rating to...
The government through the Kenya National Highways Authority (KeNHA) has signed a Sh64 billion financing deal for the construction of the Lamu, Garissa, Isiolo road.
The contract has been awarded to the Lamu Road Consortium ( LRC) bringing together the...
Today Sandown Capital Limited (JSE:SDC) listed in the Equity Investment Instruments sector on the main board of the JSE. Sandown Capital is the 18th company to list on the JSE this year.
Donna Nemer, Director: Capital Markets at the JSE...
