In a significant validation of Africa’s burgeoning digital financial services sector, Moniepoint Inc. has successfully raised an additional $90 million as part of its ongoing Series C funding round, bringing the total capital raised in this round to $200 million. This latest injection of capital, announced on October 21, 2025, comes just one year after […]

A groundbreaking World Bank report has unveiled the staggering economic potential locked within the Congo Basin’s vast tropical forests, revealing that these critical ecosystems hold more than $23 trillion in untapped value. The comprehensive assessment calls for urgent and strategic investment to unlock their potential for both climate resilience and sustainable economic development across Central […]

In a significant move to address one of Africa’s most persistent economic challenges, British International Investment (BII), the UK’s development finance institution, has provided an anchor commitment to the Enko Impact Credit Fund, which has successfully raised $100 million at its first close. This landmark investment represents a strategic effort to unlock growth capital for […]

In a bold demonstration of confidence in Africa’s economic future, global logistics giant DHL Group has announced a multi-year investment exceeding €300 million ($349 million) in Sub-Saharan Africa, marking one of the largest infrastructure commitments by an international logistics company in the region. The comprehensive investment program will be deployed across DHL Express, DHL Global […]

In a bold declaration that underscores Nigeria’s determination to lead Africa’s green energy revolution, Vice President Kashim Shettima has unveiled the nation’s ambitious plan to unlock over $410 billion in renewable energy investments between now and 2060. This transformative initiative, announced at the inaugural Nigerian Renewable Energy Innovation Forum (NREIF) 2025 in Abuja on Tuesday, […]

In a strategic move that underscores the shifting dynamics of global aerospace manufacturing, French aerospace giant Safran, one of the world’s leading aircraft engine manufacturers, has announced two landmark agreements with Morocco to establish a new engine assembly line for Airbus jets and a comprehensive maintenance and repair facility near Casablanca. The combined investment of […]

The European Union has announced a substantial commitment to invest 11.5 billion euros ($13.3 billion) in South Africa across multiple strategic sectors, with a primary focus on clean energy infrastructure, renewable power generation, and pharmaceutical manufacturing capabilities, according to a statement released late on Thursday following high-level diplomatic meetings in Brussels. This ambitious investment package […]

Starlink, the satellite internet division of SpaceX, has announced it will comply with South Africa’s Black Economic Empowerment (BEE) legislation and commit R2.5 billion in investment as it positions itself for a long-awaited market entry into Africa’s most industrialized economy. The announcement, delivered by Ryan Goodnight, Starlink’s senior director for market access, came during the […]

Johannesburg, October 8, 2025 — In a move that underscores the evolving landscape of South African finance, 36ONE Asset Management has finalized a significant Black Economic Empowerment (BEE) transaction, granting a consortium led by MI Capital a 22% equity stake in the prominent investment firm. The deal arrives at a moment of intense national debate […]

South African mining company Tharisa has unveiled ambitious plans to invest $547 million (R9.46 billion) in a transformative underground platinum group metals (PGM) mining project over the next decade. This substantial capital commitment marks a strategic pivot from traditional open-pit operations to advanced underground mining techniques, positioning the company to secure long-term access to one […]