The Competition Authority of Kenya (CAK) has granted unconditional approval for the proposed acquisition of control of Atlas Tower Kenya (ATK) Limited by STOA S.A., a France-based impact investment fund, in a transaction valued at $27 million. The regulatory clearance, announced on Wednesday, November 5, 2025, marks a significant milestone in Kenya’s telecommunications infrastructure development […]

Zambia National Commercial Bank (Zanaco), the country’s largest financial institution by asset base, is set to make history by issuing the nation’s first sustainability bond, targeting $100 million to fund environmental and social projects across the southern African nation. The announcement, made by CEO Mukwandi Chibesakunda at a press briefing in Lusaka on Friday, October […]

A consortium of prominent European development finance institutions has united to deliver a transformative €100 million financial injection into West African banking, marking one of the most significant private equity transactions in the region’s financial services sector this year. The landmark investment, spearheaded by pan-African private equity firm Mediterrania Capital Partners, aims to dramatically expand […]

The Limpopo Investment Conference has concluded with remarkable success, securing over R170 billion in investment pledges during its two-day session at the Ranch Hotel outside Polokwane. However, it is the groundbreaking R9.5 billion deal with the Kingdom of Saudi Arabia that has captured national attention and been celebrated as a transformative achievement for both South […]