Introduction Saudi Arabia’s Public Investment Fund (PIF) gathered over 1,000 board members and senior executives in Riyadh for its second Directors’ Gathering, underscoring the Kingdom’s ambition to refine governance across its rapidly expanding global portfolio. Launched in 2023 as a cornerstone of PIF’s corporate excellence agenda, the forum has grown into a flagship event for […]
Introduction Africa’s telecom behemoths, Airtel Africa Plc and South Africa’s MTN Group, are in advanced talks to share network infrastructure in Rwanda, Congo-Brazzaville, and Zambia. This follow-up to their landmark agreements in Uganda and Nigeria aims to trim capital and operating expenses, bolster service quality, and accelerate digital and financial inclusion across the continent (Reuters, […]
Introduction AIB-AXYS Africa, a leading Nairobi-based brokerage born from the June 2020 merger of AIB Capital and Apex Africa Capital, has today announced a strategic alliance with Scope Markets Kenya, a Capital Markets Authority (CMA)-licensed online trading provider. The collaboration aims to give Kenyan retail and institutional investors seamless, single-point access to a diverse suite […]
Introduction In a bold move to reinvigorate foreign direct investment (FDI), the UK government under Prime Minister Keir Starmer is crafting a new Investor Visa aimed at channeling global capital into cutting-edge industries such as artificial intelligence (AI), clean energy, and life sciences. Announced quietly in mid-May, this initiative represents a significant policy pivot from […]
Introduction The Federal Government of Nigeria has completed the crucial legal and governance frameworks required to operationalise the long-awaited African Energy Bank (AEB), with preparations for its official launch now entering the final stretch. The announcement came at a high-level review meeting in Abuja, chaired by the Minister of State for Petroleum Resources (Oil), Senator […]
Kenya’s sugar sector a lifeline for millions of smallholder farmers, factory workers and ancillary businessesis on the cusp of a dramatic revival. The Ministry of Agriculture and Livestock Development has today announced a landmark Ksh 12.29 billion private-sector investment package to overhaul four distressed state-owned sugar mills: Nzoia, Chemilil, Sony and Muhoroni. Under 30-year lease […]
Abu Dhabi Future Energy Company PJSC, better known as Masdar, today solidified its reputation as a sustainable finance pioneer by issuing US $1 billion in green bonds. This landmark transaction brings the total outstanding under Masdar’s Green Bond Programme to US $2.75 billion, underlining the company’s commitment to financing the global energy transition. Issuance Structure […]
The European Bank for Reconstruction and Development (EBRD) has formally approved Nigeria, Côte d’Ivoire and Benin as recipient member countries, granting them access to the bank’s financing instruments and expertise for the first time. This landmark expansion marks the culmination of a long-anticipated entry into Sub-Saharan Africa and positions the three West African economies to […]
Kenya’s affluent class is quietly rewriting its investment playbook. Once enamoured with flashy offshore property, luxury developments and the mining sector, High Net-Worth Individuals (HNWIs) are refocusing on locally anchored, high-return ventures—from agribusiness to data centres and logistics. This pivot reflects broader economic headwinds: Kenya’s GDP growth slowed to 4.7 percent in 2024 (down from […]
The Public Investment Fund (PIF) of Saudi Arabia has inked landmark agreements worth a combined potential investment of up to $11 billion with three leading U.S. asset managers—Franklin Templeton, Neuberger Berman, and BlackRock. Announced during U.S. President Donald Trump’s visit to Riyadh, these pacts form a critical pillar of Saudi Arabia’s Vision 2030 blueprint to […]
In a pioneering move set to revolutionize the understanding of its vital diaspora economy, the Central Bank of Kenya (CBK)...
In a significant development for global commerce, a 15% tariff has been formally applied to a wide array of European...
In a significant blow to South Africa’s already challenged export sector, Danish shipping giant Maersk has announced the discontinuation of...
In a move set to significantly reshape Kenya's digital financial landscape, Safaricom and PayPal have announced a groundbreaking strategic partnership....
