Africa

Spiro to Build First EV Assembly Plant in Nigeria

SPIRO electric mobility company plans to establish its first electric vehicle assembly facility in Ogun State, Nigeria, by March 2025.…

1 year ago

Renew Capital and Witamax Capital Invest in Talaty to Drive AI-Powered Financing in Africa

Renew Capital and Witamax have made a strategic investment in Talaty, a Moroccan fintech company, to expand AI-powered financing solutions…

1 year ago

Fight Over M-PESA Unit Trusts Erupts Between Safaricom and Investment Bank

Safaricom and Investment Bank Genghis Capital have generated dispute between them, over M-Pesa-backed unit trusts, following Safaricom's launch of the…

1 year ago

Mastercard, MTN Group, and Arifu Empower One Million SMEs in Africa

The Mastercard Center for Inclusive Growth, MTN Group Fintech, and Arifu have partnered to uplift nearly one million small businesses…

1 year ago

Equity Group Partners with ODDO BHF to Boost Africa-Europe Trade and Investment

Equity Bank Limited, during the German-Africa Business Summit held in Nairobi, signed a memorandum of understanding with German financial institution,…

1 year ago

AfDB Invests $30M to Fund Renewable Energy Across Africa

The African Development Bank Group (AfDB) has allocated a $30 million equity investment in Africa Finance Corporation (AFC) to finance…

1 year ago

Raila Odinga Calls for Two Permanent UN Security Council Seats for Africa

Former Prime Minister Raila Odinga has called for Africa to be granted two permanent seats on the United Nations Security…

1 year ago

Africa Might be Preparing for a US-China Economic Rivalry following Bidens Visit to Africa

President Biden's visit to Angola has reignited US-China economic rivalry in Africa, centered on the Lobito Corridor rail project spanning…

1 year ago

Africa’s First Tech-Incubator, iHub, Celebrates 14 Years with Regional Expansion Plans

iHub, Africa’s pioneering tech incubator, celebrates 14 years of fostering innovation as it sets sights on regional growth. Nairobi, Kenya…

2 years ago

I&M Group PLC Records 24% Growth in Profit Before Tax for Q3 2024

I&M Group PLC has recorded 24% growth in profit for the year 2024, before taxation, equivalent to KES 14.1 billion…

2 years ago