Africa Finance Corporation, the top infrastructure solutions provider in Africa, has invested $60 million in Etu Energias to support local involvement in the energy sector.… Read More »Africa Finance Corporation Invests $60 Million in Angola
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
AMEA Power has successfully secured a $75 million equity funding round with support from SoftBank Group Corp (SBG), a Japanese investment holding company. This strategic… Read More »AMEA Power Secures $75 Million Investment from Japanese SoftBank Group
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
Pricepally, a Nigerian online grocery startup for fresh and packaged food, has successfully raised $1.3 million in seed funding to help scale it’s expansion. The… Read More »Pricepally Secures $1.3M Funding for Nigerian Grocery Expansion
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