In a bold move set to redefine the investment landscape in Kenya, the Kenya Private Sector Alliance (KEPSA) and the Kenya Investment Authority (KenInvest) have announced a groundbreaking Cooperation Agreement. Signed in Nairobi by KEPSA CEO Carole Kariuki and KenInvest CEO John Mwendwa, this strategic partnership is designed to fortify economic, technological, and investment ties […]
Wall Street was rocked on April 4, 2025, as U.S. markets witnessed one of their most turbulent days in recent memory. A sweeping 10% tariff on most U.S. imports, along with even steeper levies targeting dozens of nations, triggered fears of an escalating trade war and a potential global recession. In a dramatic turn of […]
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a landmark commitment of $100 million in debt financing to Raxio Group, a leading data center operator in Sub-Saharan Africa. This financing package is set to double Raxio’s data center deployment across the continent over the next three years, providing a […]
In an era marked by shifting economic alliances and persistent trade frictions, Tanzania has emerged as the leading source of foreign direct investment (FDI) into Kenya, underscoring a robust economic interdependence within the East African Community (EAC). Recent data reveal that investors from Dodoma have funneled a total of $72.45 million into Nairobi over the […]
In a move that underscores the evolving dynamics of specialist property finance, Glenhawk has announced an expansion of its funding capacity to £700 million through a strategic partnership with a globally renowned investment bank. This collaboration is set to fuel the launch of Glenhawk’s innovative structured real estate division, designed to deliver tailored, large-scale funding […]
In a landmark move poised to reshape the continent’s infrastructure landscape, South Africa’s Public Investment Corporation (PIC) has committed a $40 million investment in Africa50 Group—a pan-African infrastructure investor and asset manager. Acting on behalf of the Government Employees Pension Fund (GEPF), the PIC’s capital injection not only strengthens Africa50’s funding capacity but also underscores […]
In a bold move towards energy independence and environmental sustainability, Kenya is ramping up efforts to transition to a 100% renewable energy mix by 2030. With investor backing and robust government support, the nation is steadily reducing its reliance on imported power, paving the way for a clean, affordable, and reliable energy future. The renewed […]
In a bold move aimed at reinforcing its international footprint, Brazilian meatpacking giant JBS has announced a $100 million investment plan to build two state-of-the-art factories in Vietnam. This strategic expansion not only underlines the company’s commitment to diversifying its global operations but also represents a significant boost for the local economy, positioning Vietnam as […]
In a significant milestone for Africa’s renewable energy sector, pan-African private equity firm Inspired Evolution has announced the final close of its Evolution III Fund, securing total commitments of $238 million from 19 investors. This achievement marks not only the culmination of a robust fundraising effort but also reinforces Inspired Evolution’s role as a key […]
In a bold move towards industrial decarbonisation and sustainable energy, waste-to-energy innovator Compact Syngas Solutions (CSS) has secured multi-million-pound funding under a new United Nations initiative to revolutionise the Kenyan tea sector. This pioneering project not only represents a significant milestone for CSS—a Deeside-based company known for its advanced gasification technologies—but also signals a transformative […]
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...
