A landmark study by education marketplace MSM Unify reveals that global investment in green bonds for educational institutions has surged to USD 15 billion, underscoring the sector’s accelerating commitment to sustainability and carbon‑neutral campuses. Market overview: A booming green bond landscape Green bonds have moved from niche instruments to mainstream fixtures in global fixed‑income markets. […]
Visa has strengthened its commitment to Africa’s rapidly evolving fintech ecosystem by making strategic investments in Moroccan fintech PayTic and Tunisian payments innovator Konnect. Both companies graduated from the third cohort of the Visa Africa Fintech Accelerator—a 12‑week program that combines mentorship, technical training, and access to Visa’s global payments network. These investments not only […]
In a move that underscores the evolving dynamics of Africa’s banking sector, KCB Group PLC has secured critical regulatory approvals from both the Central Bank of Kenya (CBK) and the National Treasury. This pivotal clearance paves the way for the sale of National Bank of Kenya Limited (NBK) to Nigeria’s Access Bank PLC—a deal that […]
In a dramatic turn of events amid intensifying US-China technology tensions, Nvidia has announced a charge of $5.5 billion related to its H20 artificial intelligence chip following new export restrictions imposed by the US government. These measures, which have sent ripples through global semiconductor markets, mark yet another chapter in the ongoing battle for technological […]
In a landmark development for the continent’s sustainable development landscape, Airnergize Capital has successfully completed its first close, raising $106 million to accelerate clean technology solutions across South Africa and broader Africa. The fund, which is focused on renewable energy, gas, and water infrastructure, is set to drive economic growth and social upliftment while positioning […]
In a strategic move aimed at reducing its mounting debt and streamlining its operations, West Africa-focused oil and gas explorer Tullow Oil has announced plans to sell its Kenyan assets to Gulf Energy Ltd for at least $120 million. The transaction is structured to include three separate payments of $40 million each, with Tullow maintaining […]
In a move that is poised to reshape both travel and payment industries, HRA Experience—an innovative Web3-powered travel and payment ecosystem—has secured a €35 million investment from a private investor in Abu Dhabi. This significant capital injection not only validates the company’s ambitious vision but also marks a turning point in the integration of blockchain […]
South Africa is on the cusp of a renewable revolution as its private renewable energy developments are projected to surge by an impressive 6GW for solar photovoltaic (PV) and 3.5GW for wind power by 2030. With an estimated cumulative investment value of R132 billion—comprising R72 billion for solar PV projects and R60 billion for wind […]
In a landmark move set to transform Kenya’s agricultural landscape, the government today lauded Heifer International’s Practice for Change (P4C) Signature Program, valued at Sh12.4 billion (approximately $95.7 million). The five-year initiative is designed to reach 625,000 smallholder farmers nationwide and marks a significant stride toward modernizing rural livelihoods through climate-smart agriculture, enhanced market access, […]
In a landmark collaboration that underscores a growing trend toward ethical investment practices worldwide, ASB Capital—a purpose-driven asset management firm—has unveiled plans to launch a new global equity Shari’a compliant fund in partnership with State Street Global Advisors (SSGA). This innovative fund, domiciled in the Dubai International Financial Centre (DIFC) and regulated by the Dubai […]
The Government of Germany, in partnership with the Government of Kenya and the United Nations High Commissioner for Refugees (UNHCR),...
The United Arab Emirates is positioning itself for another year of impressive economic expansion, with government projections indicating that the...
The Republic of South Africa has officially acceded to the Establishment Agreement of the African Export-Import Bank (Afreximbank), marking a...
The Nairobi Securities Exchange has entered uncharted territory as Safaricom's newly launched Ziidi Trader platform triggers unprecedented retail participation, fundamentally...
