Introduction China’s relationship with Africa has evolved into one of the most strategically significant partnerships in the global South. This connection, underpinned by economic, political, and cultural ties, has seen significant growth in recent years, with China positioning itself as Africa’s largest trading partner and a key investor in the continent’s development. In a landmark […]
Nairobi, Kenya, is set to become the epicenter of Africa’s fintech revolution as it hosts the 12th edition of the Africa Fintech Summit (AFTS) from September 4-6, 2024. This highly anticipated event, held at the J.W. Marriott, will bring together over 1,200 stakeholders from across the continent and the globe to engage in growth-enabling conversations, […]
In a significant achievement for the Canadian venture capital landscape, Toronto-based Northside Ventures has successfully closed its first fund, reaching its $15 million CAD ($11 million USD) target. This milestone, particularly notable given the current challenging fundraising environment, underscores the firm’s potential and the strong backing it has garnered from a diverse array of investors. […]
As the African continent continues to emerge as a significant player in the global tech ecosystem, a critical gathering is set to take place that could shape the future of venture capital (VC) and entrepreneurship in the region. From September 9 to 13, 2024, the third Africa Venture Finance Programme will be hosted at Oxford […]
The Central Bank of Kenya (CBK) has announced its intention to raise KSh 30 billion through a bond auction in September 2024. The auction, which is aimed at providing budgetary support, will involve the issuance of two reopened bonds with remaining tenors of 9.5 years and 12 years, respectively. This move is part of the […]
In a significant move set to bolster India’s renewable energy landscape, Adani Green Energy announced on Monday that its board has approved definitive agreements for a further $444 million investment from French energy giant TotalEnergies. This investment will be channeled into a joint venture (JV) that will further strengthen the collaborative efforts between the two […]
In a significant development that underscores the growing international interest in India’s infrastructure sector, the National Investment & Infrastructure Fund (NIIF), India’s largest domestic infrastructure fund, is preparing to raise $4 billion. This ambitious fundraising effort, backed by prominent global investors including the Abu Dhabi Investment Authority (ADIA), is slated to begin as early as […]
Kenya has formally joined the Asian Infrastructure Investment Bank (AIIB) as a fully paid member, marking a significant step in the country’s economic and infrastructural development. The announcement, made by President William Ruto on September 3, 2024, after a meeting with AIIB President and Board of Directors Chairman Jin Liqun in Beijing, China, opens new […]
In a move that underscores the growing trend of consolidation and strategic partnerships within the European airline industry, Greek carrier Aegean Airlines is set to take a significant stake in Spanish low-cost carrier Volotea. This decision follows Aegean’s announcement on 3 September in Athens of an initial €25 million ($27.6 million) investment in Volotea, positioning […]
In a significant move that could reshape economic ties between China and Nigeria, China has pledged to encourage its most “powerful” companies to invest in the West African nation. This commitment was made following a high-level meeting between Chinese President Xi Jinping and Nigerian President Bola Tinubu in Beijing on September 3, 2024. The discussions, […]
Kenya's agriculture sector recorded its slowest growth rate in over two years during the third quarter of 2025, expanding by...
India's economic trajectory continues to demonstrate resilience and momentum, with the National Statistics Office projecting that the country's economy will...
The United States has significantly expanded its controversial visa bond program, adding Uganda, Nigeria, and 23 other nations to a...
A longstanding commercial dispute has emerged as a potential obstacle to one of East Africa's largest corporate transactions, as Kenyan...
