In a bold move underscoring the importance of China in the global economic landscape, FedEx Corp has announced plans to deepen its investment in the Chinese market. The latest news, which has been trending today, details how the U.S.-based logistics giant is gearing up to fortify its supply chain and expand operations throughout the nation—a […]
In a landmark development for Uganda’s energy sector, the Ugandan government has signed an Implementation Agreement with UAE investment firm Alpha MBM Investments LLC, marking a decisive step toward the construction of a long-stalled 60,000-barrel-per-day crude oil refinery. The agreement, inked at State House in Entebbe on March 29, 2025, in the presence of President […]
In a major boost to its healthcare infrastructure, Kenya has secured a generous grant of Ksh 1.8 billion (approximately RMB 100 million) from the Chinese government. The grant, aimed at upgrading several key hospitals across the country, underscores the strong bilateral ties between Kenya and China and represents a significant step forward in the nation’s […]
In an era marked by shifting global trade dynamics and escalating geopolitical tensions, German businesses are charting a new course by deepening their investments in China. As tariffs from the United States continue to disrupt established export channels, Germany’s “Hidden Champions” and leading industrial players are recalibrating their strategies, seeking to leverage China’s open market, […]
In a transformative move for South Africa’s digital infrastructure landscape, a consortium led by Actis—a global investor known for sustainable infrastructure investments—has finalized the acquisition of a 100% stake in Swiftnet from Telkom. This deal, announced on 28 March 2025, not only strengthens the consortium’s presence in Africa’s telecommunications market but also sets the stage […]
In a significant stride towards Kenya’s green industrialisation ambitions, the Kenya Development Corporation (KDC) has partnered with private firm Timber Treatment International Ltd to commission an innovative biomass-based steam plant in Dandora, Nairobi. The project, financed in part through a strategic collaboration with the Export-Import Bank of India, marks a transformative step in reducing carbon […]
In a bold move that signals a significant reshaping of the global investment landscape, Investopia 2025 has announced seven strategic partnerships designed to expand its international footprint. With new Memorandums of Understanding (MoUs) signed in Milan, Budapest, and Limassol—and with reinforced ties in the UAE—the initiative not only aims to bolster economic cooperation across continents […]
In a move that underscores the dynamism and evolving nature of the global energy sector, Latin America’s largest investment bank, Banco BTG Pactual (BTG), and Canada–Swedish-listed Africa Oil Corp have finalized an agreement that restructures and consolidates their existing stakes in the offshore exploration and production company, Prime Oil & Gas Coöperatief. This landmark deal, […]
In a remarkable turnaround that underscores both the resilience of Africa’s flagship carrier and the strategic execution of its recovery plan, Kenya Airways (KQ) has reported a net profit after tax of Sh5.4 billion for the full year ending December 2024. This stellar performance marks a dramatic recovery from a staggering loss of Sh22.6 billion […]
In a groundbreaking move set to reshape the landscape of pharmaceutical research and development in Asia, AstraZeneca has announced a staggering $2.5 billion investment in Beijing over the next five years. This historic commitment will see the establishment of AstraZeneca’s sixth global strategic R&D center, positioned to spearhead early-stage research and clinical development with cutting-edge […]
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...
