In a landmark move poised to transform Lesotho’s economic landscape, the African Development Bank Group (AfDB) announced plans to invest $331 million in the kingdom over the next five years as part of its new Country Strategy Paper for 2025-2030. This ambitious investment is aimed at bolstering the nation’s infrastructure, industrial competitiveness, and overall socio-economic […]

Nigeria’s economic landscape is witnessing a transformative shift as the nation secures a staggering $14 billion in investments from India—a move that promises to redefine its business and diplomatic relations. In a press briefing held on March 21, 2025, Minister of Foreign Affairs Yusuf Tuggar revealed the magnitude of this deal, emphasizing that the investment […]

In a bold move aimed at transforming its economic landscape, Tanzania has unveiled a revised National Land Policy designed to attract foreign investments in real estate, industrial development, and agriculture. The new policy, launched by President Samia Suluhu Hassan in Dodoma on March 20, 2025, marks a decisive shift from previous restrictions and outdated registration […]

In a landmark move that underscores the strength of South Africa’s capital markets, Zeda Limited, Southern Africa’s leading integrated mobility solutions provider, successfully raised R850 million through its inaugural bond auction. The offering, spearheaded by Standard Bank, witnessed overwhelming investor interest with bids totaling R2.36 billion. This robust subscription not only validates Zeda’s strong performance […]

Google South Africa’s recent announcement of its Johannesburg cloud region marks a transformative milestone not only for the country but for the entire continent. The R2.5-billion investment in digital infrastructure is designed to empower businesses, accelerate technological innovation, and foster an ecosystem that can compete on a global scale. This bold move comes at a […]

In a significant milestone for Africa’s dynamic technology landscape, LoftyInc Capital Management has announced the first close of its LoftyInc Alpha Fund with a whopping $43 million in commitments. This late-seed investment fund is dedicated to nurturing and scaling Africa’s emerging tech startups, with a keen focus on key markets such as Nigeria, Egypt, Kenya, […]

Uganda is gearing up for a transformative moment in its energy landscape as it prepares to host the 10th edition of the ARE Energy Access Investment Forum (EAIF 2025). Set to take place at the picturesque Speke Resort Munyonyo in Kampala from April 8 to 10, 2025, the forum is expected to draw over 1,000 […]

In a decisive move aimed at reshaping geopolitical alliances and bolstering economic growth in Africa, European Union leaders today announced a €4.7 billion (approximately $5.10 billion) investment package during a high-stakes visit to South Africa. The announcement comes at a time when both the EU and South Africa find themselves at odds with the United […]

In a bold move to further enhance financial integration and boost cross-border commerce, the Pan-African Payments and Settlement System (PAPSS) is set to introduce the Africa Currency Marketplace later this year. Backed by 15 central banks across the continent and already integrated with 150 commercial banks, PAPSS’s forthcoming foreign exchange (FX) market platform is designed […]

In a bold move to tackle youth unemployment and foster economic resilience, Mastercard has extended its collaboration with the Youth Employment Service (YES) for a third consecutive year. The initiative, which has already begun to yield promising results, is now being hailed as a transformative effort in the South African employment landscape. Against a backdrop […]