In a significant move that underscores the accelerating consolidation within the cryptocurrency industry, Coinbase Global Inc., one of the world’s largest digital asset exchanges, announced on Tuesday that it has acquired Echo, a specialized crypto investment platform, in a deal valued at approximately $375 million. The transaction, structured as a combination of cash and stock, […]
A groundbreaking World Bank report has unveiled the staggering economic potential locked within the Congo Basin’s vast tropical forests, revealing that these critical ecosystems hold more than $23 trillion in untapped value. The comprehensive assessment calls for urgent and strategic investment to unlock their potential for both climate resilience and sustainable economic development across Central […]
In a significant development for East Africa’s telecommunications landscape, Atlas Tower has secured substantial backing from STOA, a French infrastructure investment platform with a strong focus on African markets, to accelerate its aggressive expansion across Kenya. This strategic partnership aims to rapidly scale the company’s tower infrastructure while pioneering the integration of sustainable energy solutions […]
n a significant geopolitical and economic development, the United States and Australia have announced a comprehensive critical minerals agreement that commits both nations to investing billions of dollars in mining and processing infrastructure. The partnership, formalized during a high-profile meeting between U.S. President Donald Trump and Australian Prime Minister Anthony Albanese at the White House […]
In a significant move to address one of Africa’s most persistent economic challenges, British International Investment (BII), the UK’s development finance institution, has provided an anchor commitment to the Enko Impact Credit Fund, which has successfully raised $100 million at its first close. This landmark investment represents a strategic effort to unlock growth capital for […]
The International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has committed a comprehensive $62.5 million financing package to support AXIAN Telecom‘s proposed acquisition of Wananchi Group, the East African telecommunications company behind the well-known Zuku brand. The transaction represents a significant consolidation move in East Africa’s competitive broadband and […]
In a strategic transaction that underscores the accelerating importance of private markets intelligence, S&P Global has announced its definitive agreement to acquire With Intelligence from a consortium led by Motive Partners for $1.8 billion. The deal positions S&P Global as one of the most comprehensive providers of private markets intelligence and marks a significant milestone […]
In a bold demonstration of confidence in Africa’s economic future, global logistics giant DHL Group has announced a multi-year investment exceeding €300 million ($349 million) in Sub-Saharan Africa, marking one of the largest infrastructure commitments by an international logistics company in the region. The comprehensive investment program will be deployed across DHL Express, DHL Global […]
Kenya has taken a decisive step toward cementing its position as Africa’s leading digital finance hub with the passage of the Virtual Asset Service Providers Bill 2025. The landmark legislation, approved by Parliament this week, establishes a comprehensive regulatory framework for cryptocurrencies and digital assets, marking a pivotal moment in the continent’s embrace of blockchain […]
In a transformative move that signals the continued consolidation of Abu Dhabi’s investment landscape, Multiply Group has announced its intention to acquire both 2PointZero and Ghitha Holding through an ambitious share swap transaction. The deal, valued at approximately 120 billion UAE dirhams ($32.6 billion), represents one of the most significant mergers and acquisitions in the […]
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...
