• Uganda to host Africa’s first Conservation and Tourism Investment Forum

    The event this October aims to raise vital funds to support and protect Uganda’s wildlife and landscapes long term. The Giants Club, the conservation initiative supported by the Independent and Evening Standard, today announced it would stage Africa’s first Conservation and Tourism Investment Forum on 6th October 2017.

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  • Egypt's currency float boosts foreign investment

    Foreign investors have bought a net 11 billion Egyptian pounds ($615.90 million) worth of shares since the country floated its currency last November, the stock exchange's chairman Mohamed Omran said on Sunday.

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  • Malawi touted at Japan-Africa Business Forum as ideal investment destination

    Malawi has been touted as a country that has  enthusiasm for investment with Minister of Trade and Industry Henry Mussa appealing  during this year’s Africa-Japan Business Forum for equal financing on serious investments for African countries to boost economic growth.

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  • Abu Dhabi Ports in Talks for Africa Deal; Signs China Accord

    Abu Dhabi Ports is discussing a possible deal in Africa to take advantage of the continent’s growing trade with Asia, Chief Executive Officer Mohamed Juma Al Shamisi said, as the government-run terminal operator got a $300 million investment from China.

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  • Alibaba executive chairman creates $10M African youth entrepreneur fund

    Alibaba Group Executive Chairman Jack Ma is putting his money into Africa’s youth. On his first trip to Africa last week, Ma launched a $10 million African Young Entrepreneurs Fund at the YouthConnekt Africa Summit, co-hosted by the United Nations Conference on Trade and Development and the government of Rwanda. The fund is expected to be operational this year.

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  • Energy Technology Innovations and Investments in Africa

    In 2016, the World Energy Outlook reported that 1.2 billion people in the world did not have access to electricity; 95% of them being in Sub-Saharan Africa. As of July 2017, very few Sub-Saharan countries had more than 50% electricity access rates including Cote d’Ivoire, Cameroon, Ghana, South Africa, Namibia, Senegal, and Kenya.

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  • Unpacking future opportunities in Africa’s financial sector

    The latest financial report by the World Bank indicates that about 66% of the people in Africa do not have a bank account.

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  • Over half a billion mobile subscribers in Africa by 2020

    Sub-Saharan Africa currently has 420 million unique mobile subscribers with a 43% penetration rate.

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  • Abraaj Group to buy African coffee chain Java House

    Abraaj Group, an emerging markets focused fund group, has agreed to buy African coffee chain Java House from private equity rival Emerging Capital Partners and Kevin Ashley, the Nairobi-based company’s executive chairman. 

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  • Intra-Africa Trade Receives Financial Boost

    The African Export-Import Bank (Afreximbank) has signed agreements to provide financing facilities totaling up to $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited.

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