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
The Africa’s Business Heroes (ABH) Prize Competition, has announced the winners of the 2023 competition. The announcement took place during an AR-enabled Grand Finale held… Read More »Jack Ma’s Africa’s Business Heroes Unveils 2023 Winners
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
Burkina Faso transitional President, Ibrahim Traoré, on Thursday, November 23, 2023 laid the foundation stone for the construction of the first ever national gold refinery… Read More »Burkina Faso Launches Construction of First National Gold Refinery
East Africa Community leaders during a high Level Forum on Climate Change and Food Security on Thursday, November 23 in Arusha, agreed to champion climate… Read More »East Africa to Champion Sustainable Climate Action
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
On November 20, 2023, the World Bank disclosed its intention to extend a $12 billion support package to Kenya over the following three years. This… Read More »World Bank Commits $12B Aid to Kenya for Three years
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