In a move that is poised to reshape both travel and payment industries, HRA Experience—an innovative Web3-powered travel and payment ecosystem—has secured a €35 million investment from a private investor in Abu Dhabi. This significant capital injection not only validates the company’s ambitious vision but also marks a turning point in the integration of blockchain […]
South Africa is on the cusp of a renewable revolution as its private renewable energy developments are projected to surge by an impressive 6GW for solar photovoltaic (PV) and 3.5GW for wind power by 2030. With an estimated cumulative investment value of R132 billion—comprising R72 billion for solar PV projects and R60 billion for wind […]
In a landmark move set to transform Kenya’s agricultural landscape, the government today lauded Heifer International’s Practice for Change (P4C) Signature Program, valued at Sh12.4 billion (approximately $95.7 million). The five-year initiative is designed to reach 625,000 smallholder farmers nationwide and marks a significant stride toward modernizing rural livelihoods through climate-smart agriculture, enhanced market access, […]
In a landmark collaboration that underscores a growing trend toward ethical investment practices worldwide, ASB Capital—a purpose-driven asset management firm—has unveiled plans to launch a new global equity Shari’a compliant fund in partnership with State Street Global Advisors (SSGA). This innovative fund, domiciled in the Dubai International Financial Centre (DIFC) and regulated by the Dubai […]
In an impressive show of global confidence and renewed energy optimism, the Nigerian gas sector has attracted over $5 billion in new investments as of 2024. Speaking at a high-profile news conference in Lagos, the President of the Nigerian Gas Association (NGA), Mr. Akachukwu Nwokedi, outlined how these substantial capital inflows are set to transform […]
Stanbic Bank Kenya is taking a major leap forward in bolstering trade between Kenya and China by launching the Africa-China Trade Platform—a digital hub designed to simplify cross-border transactions, reduce currency risk, and empower Kenyan businesses to tap into the vast Chinese market. The initiative, announced during the Chinese Economic Forum held in Nairobi, is […]
In a transformative move set to reshape Pakistan’s mining landscape, the World Bank’s private investment arm, the International Finance Corporation (IFC), has committed to extend a $300 million A-loan to finance the Reko Diq copper and gold mining project. This deal, part of a broader strategy to bolster sustainable growth and economic inclusion, is expected […]
In a robust move that underscores the growing momentum behind financial inclusion in Africa, Verdant Capital Hybrid Fund has announced an additional investment of USD 4.5 million in LOLC Africa Singapore Limited. This latest capital infusion marks a cumulative investment of USD 13.5 million in LOLC Africa—a development that comes on the heels of an […]
In a grand demonstration of Africa’s evolving business landscape, the WCF Africa Summit 2025 was officially launched in Nairobi this Wednesday at the renowned Kenyatta International Convention Centre (KICC). With the presence of top government officials, members of the diplomatic corps, development partners, chamber leaders, and a vibrant cross-section of the business community, the summit […]
In a day marked by extreme volatility and mounting uncertainty, U.S. Treasury investors found themselves reeling from a sharp selloff that sent yields soaring to levels unseen in years. Despite President Donald Trump’s temporary pause on new tariffs—a move intended to ease market pressures—the global bond market remained jittery. In what some analysts called a […]
Kenya, a vibrant East African economic hub, finds itself at a critical juncture, grappling with persistent challenges of corruption, illicit...
The United States labor market delivered a robust performance in June, with job growth surpassing economists' forecasts and the unemployment...
Africa is on the cusp of a profound digital transformation, with its data centre sector emerging as a critical backbone...
The vibrant city of Nairobi is currently hosting a pivotal event poised to redefine Africa's investment landscape: the inaugural NextFrontierAfrica...
