The Kenyan government has finalized structures for the comprehensive rollout of the Sh20 billion World Bank-backed youth empowerment program, positioning it as a transformative solution to the country’s escalating unemployment crisis. The National Youth Opportunities Towards Advancement (NYOTA) project aims to equip more than 820,000 vulnerable youth with skills, business capital, and access to financial […]
Hyundai Motor Group announced a significant increase in investment to USD 26 billion in the United States, reinforcing its long-term commitment to innovation, jobs creation, and sustainable growth across key industries from 2025 to 2028. This massive financial commitment represents a strategic escalation from the company’s previous $21 billion pledge announced just five months ago, […]
A groundbreaking $100 million investment is set to transform Ghana’s agricultural sector, positioning the nation as Africa’s first AI-powered agricultural hub. The four-year commitment from Degas Limited, a global agri-tech firm, was announced following a strategic meeting between President John Dramani Mahama and Degas’ CEO, Doga Makiura, during the Ghana Presidential Investment Forum in Yokohama, […]
HewaTele Limited, a Kenyan medical oxygen producer, has secured US$10.5 million from AfricInvest’s Transform Health Fund to build a large-scale plant capable of producing oxygen at 99.6% purity. The investment represents a critical step toward addressing East Africa’s medical oxygen crisis, which has contributed to preventable deaths across the region for decades. Founded in 2014 […]
Saudi Arabia granted 34 licenses for regional headquarters in the second quarter of the year as part of its ongoing push to position itself as the Middle East’s leading business hub, according to the Ministry of Investment’s Economic and Investment Monitor for Q2 2025. This latest milestone underscores the Kingdom’s accelerating transformation under Vision 2030, […]
Evora Developments has announced the launch of its latest project, Pulse, as part of a comprehensive EGP 30 billion investment strategy designed to capitalize on Egypt’s rapidly expanding real estate market. The announcement comes as industry experts predict property price increases of 25-30% in 2025, driven by strong investor confidence and economic stabilization efforts. Build […]
Executive Summary Kenya has opened a US$390 million tender for tech firms to build high-speed internet for over 1,000 rural schools, clinics, and offices. Funded by the World Bank, the project ensures a transparent bidding process and reliable payments for the selected contractors. Bids are due by October 1, 2025, with the project’s construction phase […]
Executive Summary Johnson & Johnson announced on August 21, 2025, that it will increase its presence in North Carolina with a 160,000+ square foot dedicated manufacturing facility at FUJIFILM’s new biopharmaceutical manufacturing site in Holly Springs, North Carolina. The $2 billion commitment to FUJIFILM over the next 10 years will expand the Company’s U.S. manufacturing […]
Executive Summary Botswana’s President Duma Boko announced on Thursday an agreement with Qatar’s Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12 billion in investments in various economic sectors. The deal, signed in partnership with the state-owned Botswana Development Corporation, represents one of the largest foreign investment commitments […]
Executive Summary Leading global investment firm 500 Global has joined forces with the United Nations Development Programme to establish a comprehensive three-pronged entrepreneurship initiative in Nairobi, marking a significant expansion of support for Africa’s startup landscape. The partnership introduces a structured approach to startup development through three distinct programs, each targeting entrepreneurs at different stages […]
Despite confronting a challenging economic environment marked by slower GDP growth, elevated interest rates, and mounting operational expenses, Kenya's banking...
The United States government shutdown has entered a critical phase as it becomes the second-longest funding lapse in the nation's...
In a landmark move that signals a significant shift in international financial cooperation and the evolving architecture of global finance,...
The Central Bank of Kenya (CBK) has launched a strategic KSh 30 billion voluntary buyback programme for investors holding the...
