AIC News

Treepz’s mission to provide commuters with convenient and affordable means of transportation within cities and across Africa, is further accomplished with its newest partnership with CMS Taxi and Motor Nigeria Limited (CMS T&M) in Lagos.

Bento, Nigeria’s digital payroll and human resource management platform, is expanding to Ghana, Kenya and Rwanda, with plans to set up operations in six other markets in Africa over the next year.

Verdant Capital (Verdant-Cap.com) has been named by Private Equity Africa as the best Local Financial Adviser for 2021. Private Equity Africa, or PEA is an authoritative journal for private equity investors in Africa and into Africa. Now in its 10th year, the PEA awards are the ultimate accolade of success in the African Private Equity industry.

UK Climate Investments has committed £15 million (approximately $19.8 million) of follow-on funding to support Revego Africa Energy Limited’s (Revego) long-term growth and mobilise further private finance flows in support of South Africa’s clean energy transition.

In its plenary held on 21 October 2021 in Paris, the Financial Action Task Force (FATF) removed Botswana from its grey list of jurisdictions.

MarketForce, a Kenyan B2B retail and financial services distribution startup, has expanded into five additional markets across Africa to grow RejaReja.

Meta and Africa No Filter, a narrative change organisation, have announced a partnership to launch “Future Africa: Telling Stories, Building Worlds” – a program aimed at boosting the use of Virtual Reality in Africa’s storytelling.

ABL announced it has received a $6M Series Pre-A investment to fund the launch of its crypto wallet VIBRA to drive the mass adoption of digital assets in Africa.

If we invest now to develop Africa’s scientific capacity, the continent will be better prepared to detect and respond to the next outbreak.

The Emerging Africa Infrastructure Fund (EAIF), the African Development Bank (AfDB) and Proparco will be the senior lenders for the 34MW Djermaya Solar project in Chad.