• UAE trader looking to expand into gold refining in Africa

    Privately held gold trader Sakthi Trading Group is planning to build two gold refineries in Africa and is looking for investors for the projects, company executives said on Tuesday.

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  • Africa Investment Hub launched in Zimbabwe

    Zimbabwe's business community on Friday launched the Africa and Investment Hub, a vehicle to boost trade and investment in the country.

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  • African FinTech Company Cellulant Raises $47.5 Million

    Cellulant a leading Pan-African digital payments service provider that prompts, collects, settles and reconciles payments in real time, has raised $47.5 million from a consortium of investors that include the Rise Fund, the impact fund run by private equity group TPG Growth, Endeavour Catalyst and Satya Capital, the private equity firm owned by Sudanese-British billionaire Mo Ibrahim.

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  • Regional energy deficiency is an investment opportunity

    The second meeting of the programme technical steering committee (PTSC) of the project on “Enhancement of a Sustainable Energy Market in Eastern Africa-Southern Africa-Indian Ocean Region” came to an end last Thursday, April 26, 2018 in Swakopmund town, Namibia.

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  • Allianz makes $120m investment in African infrastructure

    Allianz will become the first large commercial lender to commit long-term funding to an African infrastructure fund by making a nearly $120m 12-year loan to a vehicle underwritten by western development agencies.

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  • MFS Africa secures $5.4 million led by Chinese fund LUN Partners

    MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group. Goodwell Investments, an Amsterdam based investment firm focused on financial inclusion, fintech and inclusive growth, as well as several angel investors completed the round. 

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  • Solar Investment Powers Ahead And Africa Opens Up

    Solar deployment in 2018 is expected to outpace the 2017 record of 98GW, according to the latest analysis from Bloomberg New Energy Finance (BNEF). Emerging markets continue to drive growth, and the African solar market is growing rapidly.

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  • Regional monetary integration is achievable

    Central bank governors and representatives from 11 Common Market for Southern and Eastern Africa (Comesa) believe that achieving monetary integration is possible and that this could be enabled if member states have larger and deeper financial markets.  

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  • 44 Countries Sign African Continental Free Trade Agreement

    Ethiopia and 43 other African countries have signed the African Continental Free Trade Area (AfCFTA) agreement in Kigali, Rwanda.

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  • Museveni Asks British Investors to Invest in Uganda's Health Sector

    President Museveni has asked a delegation of investors from the United Kingdom to invest in the health sector to enable Uganda achieve universal health coverage.

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