MultiChoice and NBCUniversal have invested $145 million into Showmax Africa Holdings Limited (SMAH). This funding will support Showmax’s working capital and drive growth. The announcement… Read More »MultiChoice and NBCUniversal Invest $145 Million in Showmax Africa Expansion
Nigerian energy firm Arnergy has secured $18 million to expand its solar power systems across Africa. The company announced the funding on Tuesday. The funding… Read More »Arnergy Raises $18 Million to Boost Solar Energy in Africa
Afreximbank has opened its first African Trade Centre (AATC) in Abuja, Nigeria, on April 11, 2025. The bank says this milestone will drive trade, investment,… Read More »Afreximbank Opens First African Trade Centre in Abuja
Morocco will host GITEX Africa 2025 in Marrakech from April 14 to 16. Over 1,450 exhibitors and 45,000 participants will attend. The event will bring… Read More »Morocco to Host GITEX Africa 2025 in Marrakech
The Agence française de développement, AFD has pledged an extra €3 million to the Africa Digital Financial Inclusion Facility (ADFI). This brings AFD’s total support… Read More »AFD Commits €3 Million to Boost Digital Financial Inclusion in Africa
NCBA has renewed a KES 3 billion partnership with the African Guarantee Fund (AGF). The goal is to empower SMEs across Kenya. The renewed deal… Read More »NCBA and AGF Renew KES 3 Billion Deal to Boost SMEs and Women-Led Businesses
South Africa’s green hydrogen corridor, Project Rhynbow, has been shortlisted for Just Energy Transition (JET) funding. This was announced during the Platinum Group Metals (PGM)… Read More »South Africa’s Project Rhynbow Shortlisted for JET Funding
Proparco has renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution. The partnership includes two new guarantees worth €24 million each, totaling… Read More »Proparco Invests €48 Million in CRDB Bank to Boost MSME Growth in Tanzania
African payment startup enza has raised $6.75 million in a seed equity round. Algebra Ventures and Quona Capital co-led the investment. This is enza’s first… Read More »enza Secures $6.75M to Boost Digital Payments in Africa
The International Finance Corporation (IFC) has invested up to $50 million in Lagos Free Zone Company. This investment will expand Nigeria’s first deep-sea port-based economic… Read More »IFC Invests $50 Million in Lagos Free Zone to Boost Nigeria’s Economy