27Oct, 2022
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has announced the launch of affiliate Madica, a structured investment programme for pre-seed stage technology companies in Africa.
27Oct, 2022
Saudi Arabian independent power producer (IPP) Acwa Power is signing a framework agreement with the Industrial Development Corporation of South Africa (IDC) to produce green hydrogen and its derivatives.
27Oct, 2022
Insiders say less than 3% of the money rich countries promised is earmarked as grants, raising concerns about fairness and South Africa’s debt burden
27Oct, 2022
The report, ‘The Security, Investment, and Development Nexus: A Diagnostic Assessment,’ was announced on Tuesday 25 October, at the African Union Policy Conference on Peace, Security and Development, currently underway in Morocco.
27Oct, 2022
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27Oct, 2022
The Board of Directors of the African Development Bank Group on 26 October 2022 in Abidjan approved a loan of €63.6 million to Senegal to implement the Agropole-Centre agro-industrial processing zone project.
27Oct, 2022
South Africa’s government is negotiating two loans worth a total of 600 million euros ($601 million) that form part of a $8.5 billion climate finance deal it was offered by wealthy nations at the COP26 talks in Glasgow last year.
China’s growing influence is most evident in Africa. A rapid investment and building programme over the past 15 years or so has seen Chinese companies construct new railways, roads, ports, and airports across the continent.
02Aug, 2022
Oui Capital, an Africa-focused VC firm based in Lagos and Massachusetts, announced today that it has completed the first closing of its $30 million second fund, Oui Capital Mentors Fund II, as it seeks to strengthen its presence on the continent.
This morning, Seedstars launched its second emerging market seed stage fund. The firm announced the first close of the fund with $20 million committed by the International Finance Corporation (IFC), Visa Foundation, The Rockefeller Foundation, and Symbiotics.
