A Major Leap Forward in Procurement Automation Pactum, a trailblazer in the field of Agentic AI for enterprise procurement, has announced the successful closing of its Series C funding round, securing $54 million in new capital. This latest round, led by global software investor Insight Partners, brings Pactum’s total funding to over $100 million, positioning […]
In a significant move that underscores the growing global appetite for sustainable investments, Greencoat Renewables Plc (GRP), a prominent owner and operator of European renewable energy infrastructure assets, officially debuted its secondary listing on the JSE’s AltX on Monday. This strategic decision marks a new chapter for the Irish-based company, which maintains its primary listings […]
Kenyan startups clinched Ksh 82.5 billion in funding during 2024, equivalent to 29% of all venture capital invested across Africa, according to the Kenya Innovation Outlook 2024 and data from Africa: The Big Deal (citizen.digital). This positions Kenya ahead of traditional leaders—Nigeria, Egypt, and South Africa—as the continent’s top destination for startup investment. While impressive, this […]
Global energy investment is set to reach a record $3.3 trillion in 2025, according to the latest World Energy Investment 2025 report by the International Energy Agency (IEA). Despite uncertainties from economic pressures and geopolitical tensions, the lion’s share of capital is flowing into clean energy—$2.2 trillion, roughly double fossil-fuel spending of $1.1 trillion (reuters.com). Key takeaway: The […]
Dangote Petrochemicals—a spinoff from the massive Dangote Refinery and Petrochemicals complex—is on the verge of a groundbreaking listing on the Nigerian Exchange (NGX) before the end of June 2025. NGX Chairman, Dr Umaru Kwairanga, confirms the group has obtained regulatory approval (thenationonlineng.net). Once floated, the listing is anticipated to strengthen market confidence, attract substantial investment, and align […]
In a move that promises to deepen economic ties between Latin America and East Africa, Senator H.E. José Gonçalves Oliveira from Pará the largest state in Brazil has landed in Kenya to explore investment opportunities worth up to $40 billion in health technology and agriculture. This visit, facilitated by prominent Kenyan businessman James Wanjohi Njoroge, […]
Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), has recently acquired a 49% stake in Msheireb Properties, marking a significant step towards bolstering smart and sustainable urban development in the Gulf state. This strategic partnership aligns with Qatar’s ambitious goals of economic diversification, environmental sustainability, and urban innovation set out in the Qatar National […]
Wingu Africa, a leading digital infrastructure company, has secured $60 million in financing from Rand Merchant Bank (RMB) to accelerate its expansion of data center facilities across key East African markets including Djibouti, Ethiopia, and Tanzania. This investment marks a pivotal moment in Africa’s quest for digital sovereignty, underpinning the continent’s drive to build resilient, […]
The Competition Authority of Kenya (CAK) has recently approved a major acquisition deal, clearing the way for U.S.-based Nigerian fintech Moniepoint Inc. to acquire a controlling 78% stake in Sumac Microfinance Bank Limited. This development marks a significant milestone for Moniepoint as it plans to establish a strong foothold in Kenya’s burgeoning financial services sector. […]
Microsoft has announced a major $400 million investment aimed at significantly expanding its data center capacity in Switzerland, reinforcing its commitment to the country’s digital transformation and positioning it as a hub for cloud and artificial intelligence (AI) services. The investment will focus on enhancing existing facilities near Zürich and Geneva to meet escalating demand […]
Kazakhstan is preparing to enter the digital asset investment space in a more direct way after the country’s central bank...
The Federal Government of Somalia has distributed $3.88 million in drought insurance payouts to thousands of pastoralist households affected by...
President William Ruto has signed into law the National Infrastructure Fund (NIF) Bill, 2026, formally launching what his administration describes...
Wall Street's biggest banks are sounding the alarm: if oil prices remain elevated following the widening U.S.-Israeli military campaign against...
