A Landmark US$5 Billion Investment IFCX, one of Asia’s leading international real estate brokerage holding companies, has secured a strategic investment of over US$5 billion from Black Spade Capital, the family office chaired by Macau casino magnate Lawrence Ho. The agreement, formalized at a signing ceremony in Hong Kong on May 20, 2025, marks a […]
From Aid to Investment: A New Chapter in EU-Africa Relations In a clear signal that Europe’s approach to Africa is evolving, the European Union has announced a €40 million investment to modernize the Douala–N’Djamena trade corridor. This milestone, wrapped within the EU’s Global Gateway initiative, emphasizes sustainable infrastructure and signals a broader strategic pivot: Africa […]
Key Highlights A USD 100 Million Boost for East African Trade Standard Chartered, a global cross-border bank, and British International Investment (BII), the UK’s development finance institution and impact investor, today formalised a USD 100 million trade finance facility to support the trade finance and working-capital requirements of private-sector companies in Kenya and Tanzania (British […]
Key Points: SSE’s revised investment blueprint British utility SSE announced on Wednesday that it will scale back its planned capital investment over the next five years by approximately £3 billion (about $4.04 billion), trimming total spending from £20.5 billion to £17.5 billion (Reuters). This 15% reduction reflects a confluence of factors—project delays, supply-chain disruptions, and […]
On 21 May 2025, the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) announced a landmark partnership to identify and prepare investment projects across six sub-Saharan nations: Benin, Côte d’Ivoire, Ghana, Kenya, Nigeria and Senegal. Underpinned by a €15 million grant from the EU’s Global Gateway strategy, this technical-assistance package aims […]
The Communications Authority of Kenya (CA) has unveiled an ambitious KSh 40 billion (approximately US $270 million) Universal Service Fund (USF) Strategy for 2023–2027, aimed at extending information and communications technology (ICT) services to every corner of the country—urban and rural—by 2027. Director General David Mugonyi officially launched the plan on 20 May during a […]
DP World has unveiled a US $2.5 billion investment programme for 2025 designed to bolster its end-to-end supply-chain capabilities across four continents (DP World). This landmark commitment underlines the company’s confidence in sustained global trade growth, even as macroeconomic headwinds persist. Sultan Ahmed bin Sulayem, Chairman and Group CEO, emphasized that “global trade is evolving […]
In a landmark address to the 78th World Health Assembly (WHA78) in Geneva, H.E. President João Lourenço of Angola announced an US$ 8 million pledge to the World Health Organization’s (WHO) Global Investment Round. As Chair of the African Union, President Lourenço used his dual platform to champion a new paradigm for global health financing […]
Introduction As Kenya cements its reputation as East Africa’s digital powerhouse, the Information and Communications Technology Authority (ICTA) has unveiled a hand-picked cohort of 130 bankable technology startups ready to receive funding at the upcoming Connected Africa Summit, scheduled for 26–29 May 2025 at the Diamonds Leisure Beach & Golf Resort in Diani (Ouut, Connected […]
Introduction Saudi Arabia’s Public Investment Fund (PIF) gathered over 1,000 board members and senior executives in Riyadh for its second Directors’ Gathering, underscoring the Kingdom’s ambition to refine governance across its rapidly expanding global portfolio. Launched in 2023 as a cornerstone of PIF’s corporate excellence agenda, the forum has grown into a flagship event for […]
Tunisia’s Ministry of Industry, Energy and Mines has launched a tender for the development of a 300 megawatt (MW) solar...
The London Stock Exchange Group (LSEG) has unveiled a new suite of sustainability ratings, ESG scores and analytics designed to...
Denmark has launched its first domestic flight route partially powered by sustainable aviation fuel (SAF) produced from used cooking oil,...
The European Union’s flagship LIFE Programme has announced more than €103 million in additional funding to support a new set...
