The SAEx East project—the ambitious South Africa-Singapore subsea cable initiative—has received renewed investment and fresh momentum. Reportedly in development for over a decade, this project is now poised to move from planning into its next critical phase, thanks to a major capital injection approved by South Africa’s Industrial Development Corporation (IDC). As the definitive feasibility […]

In a bold move reflective of both ambition and resilience in turbulent economic times, Egypt’s leading private equity firm, Ezdehar, has announced plans to deploy between $50 million and $100 million in 2025. Spearheaded by Founder and Managing Director Emad Barsoum, the firm is setting its sights on agile, fast-growing businesses that can weather the […]

Egypt has rapidly emerged as a dynamic force in Africa’s digital revolution. In 2024, the nation secured third place among the continent’s top tech investors—attracting an impressive US$297 million in 89 deals—underscoring its expanding role in shaping Africa’s digital economy. With remarkable strides in broadband speeds, digital infrastructure, and cybersecurity advancements, Egypt is not only […]

SolarAfrica has taken a significant step forward in its mission to revolutionize South Africa’s renewable energy landscape. The company recently secured a R1.8 billion investment for its flagship SunCentral project—a large-scale solar photovoltaic (PV) plant strategically located between Hanover and De Aar in the Northern Cape province. This major financial milestone not only paves the […]

The African Development Bank (AfDB) and Standard Bank Group (SBG) have joined forces to bolster funding for small, medium, and micro enterprises (SMMEs) and expand trade across the continent. Announced on February 24, 2025, this strategic partnership is centered on a R3.6 billion social bond and a $200 million Risk Participation Agreement (RPA) designed specifically […]

In a remarkable display of financial strength and market confidence, Airtel Uganda has announced a dividend payout that has captured the attention of investors and industry analysts alike. The Ugandan Securities Exchange-listed telecommunications giant declared a final dividend as part of its impressive financial performance for the year ended December 31, 2024. With a reported […]

In a major boost to Africa’s agribusiness sector, British International Investment (BII), alongside Swedfund and Norfund, has announced a joint investment of $85 million in AgDevCo. This latest injection of capital is designed to support small and medium-sized agribusinesses across sub-Saharan Africa, enabling them to increase productivity, expand food systems, and build greater resilience in […]

In a landmark move set to redefine the future of the continent’s coffee industry, Tanzania is hosting the G25 African Coffee Summit in Dar es Salaam on February 21–22, 2025. This high-profile event brings together key stakeholders, policymakers, industry experts, and representatives from 25 African coffee-producing nations with a singular goal: to enhance production, secure […]

In a significant step towards fostering entrepreneurship in Africa, the European Investment Bank (EIB) has announced a €15 million investment in the new I&P Afrique Entrepreneurs 3 (IPAE 3) fund. This initiative aims to provide critical support to small and medium-sized enterprises (SMEs) in West Africa and Madagascar, ultimately creating more than 4,000 direct jobs, […]

In a significant move aimed at accelerating industrialization in Nigeria, the International Finance Corporation (IFC) has announced a $50 million investment in the Lagos Free Zone (LFZ), marking a major milestone in the country’s push for economic expansion. The investment, made public on February 7, 2025, signals IFC’s commitment to fostering sustainable growth in Africa’s […]