CCI Global, a Dubai-headquartered business process outsourcing giant and one of Africa’s leading call-center operators, has announced a strategic investment plan totaling approximately $378 million over the next two years to expand its operations across Europe, the Middle East, and Africa. The overwhelming majority of this capital injection, approximately 94 percent or $355.3 million, will […]

The African Development Bank Group has approved a landmark €25 million trade finance facility to strengthen Crédit Communautaire d’Afrique-Bank’s capacity to support small and medium-sized enterprises across Cameroon, marking a pivotal moment in the country’s economic development trajectory. The facility was approved on December 1 during a Board of Directors session in Abidjan, Ivory Coast, […]

Google, through its philanthropic arm Google.org, announced a N3 billion (US$2.1 million) commitment to Nigeria on Friday to accelerate the nation’s digital transformation through a strategic, two-pillar initiative. The announcement, made at a media roundtable in Lagos by Google’s Director for West Africa, Olumide Balogun, marks a significant milestone in the tech giant’s decade-long partnership […]

Mastercard has cemented a major strategic partnership with AXIAN Group to roll out a broad suite of digital payment tools across five pivotal African countries—Tanzania, Madagascar, Togo, Comoros, and Senegal. The initiative marks a significant milestone in expanding safe, modern, and inclusive financial services to millions of people across the continent, tackling the historical challenge […]

The Africa Investment Forum 2025 Market Days opened Wednesday in Rabat with an urgent call from African leaders and development finance experts for transformative change in how the continent finances its economic development. Under the high patronage of His Majesty King Mohammed VI, the three-day forum has assembled more than 2,500 participants from across the […]

The Democratic Republic of the Congo has signaled a significant commitment to economic transformation by dedicating $500,000 to a comprehensive partnership with the United Nations Conference on Trade and Development, marking a strategic shift toward evidence-based development planning in one of Africa’s most resource-rich yet economically challenged nations. The investment, announced by UNCTAD on November […]

British International Investment (BII), the United Kingdom’s development finance institution, and FirstRand Group, one of Africa’s largest financial services institutions, have announced a pioneering $150 million financing facility designed to accelerate transition finance projects across the African continent. The partnership marks a significant milestone in addressing climate change challenges while safeguarding economic growth and employment […]

The African Development Bank Group has approved a strategic $15 million equity investment in Adenia Entrepreneurial Fund 1 (AEF 1), marking a significant commitment to supporting small and medium-sized enterprises across the African continent. The Board of Directors authorized the investment during a meeting held in Abidjan on November 19, 2025, reinforcing the Bank’s dedication […]

The United Arab Emirates has unveiled an ambitious $1 billion investment initiative aimed at revolutionizing artificial intelligence infrastructure and AI-enabled services across the African continent, marking one of the most significant technology-focused development commitments to Africa in recent years. This landmark investment, designed to support African nations in achieving their long-term national development objectives, signals […]

In a significant development for Africa’s agricultural transformation, the Mauritius Commercial Bank Limited (MCB) has issued a comprehensive structured financing package to Invictus Investment Company PLC to support the firm’s ambitious expansion plans across Africa and the Middle East. This strategic financial arrangement comes at a critical juncture when food security challenges across the African […]