AIC News

Today marked the launch of Africa’s Access to Advanced Healthcare (AAAH) coalition with NANTSA which aims to manufacture a billion doses of the COVID-19 vaccine by 2025.

The UK is playing host to an African Investment Conference on Thursday, as it scrambles to retain influence on the continent, an investment battle ground for the world’s largest economies.

TriLinc Global, LLC (“TriLinc”) announced today the approval of WCA (Working Capital Associates) LLP (“WCA”) as a new investment partner for business expansion and socioeconomic development in Africa and Latin America.

A South African startup’s ambition to be the platform of choice for game studios seeking users and monetization in Africa has received the backing of popular Silicon Valley investment firm Andreessen Horowitz (a16z), Google, and legendary American rapper Nas.

Kenyan-based mobile commerce platform and goods distributor Copia Global has raised $50 million from investors to fund its expansion into the rest of Africa, the firm said on Thursday.

Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has raised $400 million in a new syndicated loan to support the post-pandemic recovery through critical development of infrastructure.

Mobility 54 Investment SAS agreed partnership with Aceleron -investment and commercial programs to make the most sustainable batteries for the Africa
– Battery reuse and rebuild to contribute carbon neutrality and circular economy in Africa

Despite promising signs of a continuing global economic recovery in 2022, the African debt situation remains worrying. Over 20 low-income African countries were in debt distress or at risk of debt distress in autumn 2021 according to the IMF.

The continent is generating a frenzy of localized content as giants like Netflix and Disney+ battle to gain a foothold in a market that has long been ignored: “There’s a lot of room for growth.”

BHP has committed to invest $100 million in a huge nickel project in Tanzania,