The private-equity firm Alterra Capital, which was founded by former managers of the Carlyle Sub-Saharan Africa Fund, is rolling out its African strategy. In...

Fintech companies in Africa raised more capital despite the Covid-19 pandemic, in contrast to their emerging-market peers such as Latin America, which saw a...

Investors' search for better yields could bolster Africa's nascent secondary market in nonperforming loans, with surging defaults across the continent due to...

EGYPT – IFC, a member of the World Bank Group has partnered with ALEXBANK, an Egyptian private bank to provide financing to farmers to enable them transition...

A joint venture between Uganda’s Rwenzori Salt Industries and Chinese company Shining Star Group is seeking to invest Ush. 2.7 trillion (US$736.5 million) to...

Plentywaka, a Nigerian bus-booking platform, today announced that it has been accepted into the Techstars Toronto accelerator program.

Ride-hailing company, Bolt, has received €20 million ($24 million) from the International Finance Corporation (IFC), a World Bank division. The funding seeks...

The Central Bank of Nigeria, CBN, has spent the sum of N85.89 billion on its Health Sector Intervention Facility (HSIF).

Thursday 25th February 2021 – Bboxx, a next generation utility, and EDF, a global leader in low-carbon energies, are strengthening their partnership as EDF...

GHANA – Ghana and the United Kingdom have penned a trade partnership agreement that secures tariff-free trade and provides a platform for greater economic and...