• Coca-Cola’s Africa distributor to invest $100m in Kenya

    Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 million in Kenya over the next five years to improve infrastructure and launch new products.

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  • Gateway for investment into Africa’s energy sector

    In the wake of Mauritius’ 50th anniversary of independence on 12 March, we reflect on what the country has to offer African energy investors in 2018.

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  • How Africa Is Building a $3 Trillion Free-Trade Future

    While the U.S. and China are trying to outdo each other with import tariffs and the U.K. wants to break away from the European Union, African leaders are working on a free-trade agreement that will cover a whole continent. 

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  • Telecom Egypt board approves US$90 million MENA Cable investment

    Telecom Egypt (TE) has secured permission from its board of directors for an investment of US$90 million towards its acquisition of Middle East and North Africa Submarine Cable (MENA Cable) system, a subsidiary of Orascom Telecom Media and Technology Holding S.A.E, two months after it revealed that it wished to channel part of the 2017 dividend into the project.

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  • 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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