Africa’s largest clothing retailer, Pepkor Holdings Limited is increasing investments in Brazil as it repositions its South America operations toward the discount segment. Africa’s Pepkor… Read More »Africa’s Largest Clothing Retail Expands to Brazil
Africa through the African Development Bank will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28. The continent will amplify calls… Read More »Africa to Spotlight Climate Finance as the World Heads to COP28
Dangote Group Chairman, Aliko Dangote on Saturday, November 25 while appearing on an interview with the Financial Times revealed that the Companies state of the… Read More »Dangote Group to Launch Mega $20B Oil Refinery in Nigeria
Nigerian trade finance startup FrontEdge, which helps facilitate cross-border trades for African SMEs, has raised $10 million in debt and equity funding. To embark on… Read More »Nigerian Finance Startup FrontEdge Secures $10 Million for Expansion
Nigeria and Germany have agreed on a deal for Africa’s largest gas producer to supply more gas to Germany while in return getting an Investment… Read More »Nigeria Signs $500 Million Energy Deal with Germany
The African Development Bank (AfDB) and Japan are set to partner in Startups and major conglomerates to co- create an investment ecosystem and spur growth… Read More »AfDB to Partner with Japan to Spur Investment Growth in Africa
German Chancellor Olaf Scholz on Monday, November 20 announced that Germany is committed to fund $4.4 billion in extra funding until 2030 for African new… Read More »Germany Commits $4.4 Billion in Funding to Africa for Green Energy
The Board of Directors of the African Development Bank Group (AfDB) on Friday, November 17 approved a loan of $33 million to Seychelles to implement… Read More »AfDB Commits $33 Million Grant in Loan to Seychelles
African technology firm, CSquared has successfully secured $25 million in new equity funding from Convergence Partners Digital Infrastructure Fund (CPDIF), the International Finance Corporation (IFC),… Read More »African Telco CSquared Secures $25 Million in Equity Funding
The African Development Bank (AfDB) Group Board of Directors during a meeting in Abidjan, Ivory Coast on Tuesday, November 14 approved a grant of $27… Read More »AfDB Commits $27 Million Grant to Develop Mozambique City