Australian Fortescue Metals Group is expected to make its final investment decision by end of the year for the development of a 300 MW capacity… Read More »Australian Conglomerate Fortescue Set to Build $1 billion Fertilizer Plant in Kenya
Flutterwave, a San Francisco and Lagos fintech startup, is making history by becoming the first African fintech startup to reach India, the second largest economy… Read More »Flutterwave: African First Fintech Payment Startup Expands to India
Nigerian President Bola Tinubu on Wednesday, September 6 commended Indian investors for investment pledges amounting to $14 billion U.S. dollars committed during the Nigeria-India Presidential… Read More »Boost for Nigeria as Indian Investors Pledge $14 Billion
Kotani Pay, a crypto payments startup headquartered in Nairobi, has successfully concluded a pre-seed funding round, securing an impressive $2 million. This funding round was… Read More »Kotani Pay Secures $2M for African Blockchain Remittance Solutions
UK’s Minister for Development and Africa, Andrew Mitchell, has announced a significant investment of €49 million across Africa during his visit to Kenya for the… Read More »UK Commits £49m to African Climate Initiatives
STIHL East Africa is set to introduce a range of battery-powered products in the East African market as part of its first-year anniversary celebration in… Read More »STIHL to Launch Battery-Powered Technology in Eastern Africa
The China Development Bank (CDB) entered into a $400-million financing deal with the African Export-Import Bank (Afreximbank) Monday to support small and medium-sized enterprises (SMEs)… Read More »Afreximbank, China Development Bank Sign $400M Financing Deal for SMEs in Africa
The United States has announced a partnership with Kentaste, a Kenyan coconut processor in a project aimed to enhance coconut processing in Kenya. The US… Read More »US Govt to Invest $1.6M in Kenya’s Coconut Industry
Kentegra, a Kenyan-US biotech firm has secured $15 million funding in equity from Finnish financier, Finnfund in collaboration with USA’s International Development Finance Corporation (CDC).… Read More »Kenya’s Biotech Kentegra Raises $15M Equity Fund to Boost Pyrethrum Production
AMEA Power, a prominent renewable energy firm based in Dubai, has signed a 25-year power purchase agreement (PPA) with the government of Djibouti for a… Read More »Dubai’s AMEA Power Signs Deal with Djibouti for 25MW Solar PV Plant