Content Types: ArticleRegions & Countries: AfricaChinaIndustries: Banking & FinanceInformation Technology
LUN Partners Group, a China-based global investment management group, alongside Goodwell Investments and several angel investors have invested $4.5m in MFS Africa, a Pan-African fintech company, in a Series B funding round.
Content Types: ArticleRegions & Countries: KenyaIndustries: Banking & FinanceInsurance
A Mauritius owned financial institution, SBM Bank (Kenya) Limited has signed an acquisition deal ending a two year receivership for Chase Bank, subsequently buying 75 per cent of the bank.
Content Types: ArticleRegions & Countries: AfricaIndustries: Real Estate & ConstructionPower/UtilitiesServices: Investment Promotion
The African Private Equity and Venture Capital Association (AVCA) has strengthened its leadership by appointing Tokunboh Ishmael as Chair of the Board of Directors and Ziad Oueslati as Vice Chair.
Content Types: ArticleRegions & Countries: KenyaIndustries: Real Estate & ConstructionEnvironment
The projected construction of the 35-floor triple tower in Kilimani area by Cytonn Investments’ is already facing challenges as residents of the area are opposed to it being built.
Content Types: ArticleRegions & Countries: CanadaKenyaIndustries: Power/Utilities
FinDev Canada, Canada’s development finance institution, has annoucned its first transaction, a $10m investment in M-KOPA, a ‘pay-as-you-go’ energy provider to off-grid homes in Kenya.
Content Types: ArticleRegions & Countries: ChinaSouth AfricaIndustries: Banking & Finance
After Branch International the leading mobile based lender in sub-Sahara Africa announced it has managed to convince a group of investors and venture capitalist to raise $70 million geared towards expanding operations, the profile of the investors is now being unveiled.
Content Types: NewsletterRegions & Countries: ChinaUSAIndustries: Sports & Leisure
The Houston Astros entered Major League Baseball in the National League as the Houston Colt .45s. They played their first game on April 10, 1962, against the Chicago Cubs – a game they won.
Content Types: ArticleRegions & Countries: GlobalIndustries: Banking & Finance
The refugee and migrant crisis is at the heart of a multi-development bank cooperation which will see seven international financial institutions, including the IDB, committing financial, human capital and knowledge resources to alleviate the pressing global issue.
Content Types: NewsletterRegions & Countries: ChinaIndia...Industries: Oil & GasBanking & Finance...
During the height of the scandal surrounding Kyrgyzstan’s Smart City project, an accident occurred at a thermal power station during a particularly cold snap. There was much speculation that, sooner or later, the crisis would cost the Kyrgyz Prime Minister Sapar Isakov his job.
Content Types: EventRegions & Countries: ChinaIndustries: Banking & Finance
In recent years, affected by the increase of economic downward pressure, the deepening of economic structure transformation and the interest rate liberalization, China's total foreign trade has decreased, and the NPL has faced the risk of sharp rise, which puts forward higher requirements for the supervision of the non-performing assets industry.