Latest News East Africa

Maritime transport

19/05/2023 at 17h03, by Africa Business+

AGL overtakes Gulf competitors at Malindi container terminal in Zanzibar

Africa Global Logistics (formerly Bollore Africa Logistics) is hitting its stride and stepping up investment...

Construction & Infrastructure

15/05/2023 at 15h59, by Africa Business+

China Railway Construction Engineering Group (CRCEG) wins $62.8 million Kigali sewerage contract

The Chinese company was awarded a contract for the centralised sanitation system in Kigali, which is...

Energy

09/05/2023 at 17h58, by Africa Business+

Off-grid energy solutions: Sun King targets Nigeria, Tanzania, Uganda and Zambia

Sun King, led by Patrick Walsh, is looking to accelerate its growth in providing clean cooking solutions...

Telecoms & Media

09/05/2023 at 16h02, by Africa Business+

Wojtek Piorko to drive Vertiv’s growth in Africa

Vertiv, the global business continuity and critical digital infrastructure solutions provider, has named...

Agribusiness

05/05/2023 at 11h54, by Africa Business+

Somalia’s Fisheries Ministry hires Von Batten-Montague-York to fight illegal fishing

This is not the first time the Mogadishu authorities have worked with the Washington-based lobbying...

Industry

04/05/2023 at 17h45, by Africa Business+

Kandil Steel seeks IFC support to address rising raw material costs

The International Finance Corporation (IFC) is considering a three-year, $25 million loan to Egypt’s...

Electricity

03/05/2023 at 16h54, by Africa Business+

East India Udyog wins $18m Burundi energy access project ahead of Eiffage, Bajaj, Elsewedy and Achelis

East India Udyog – a private Indian company specialising in turnkey power projects – has been selected...

Agri-food industry

27/04/2023 at 17h44, by Africa Business+

Australian investment manager New Forests sends Africa team to Kenya 

New Forests has a $10 billion portfolio. It seeks to raise $500 million to establish its position in...

Consumer goods & Retail

26/04/2023 at 16h25, by Christelle Marot

Sunda Group seeks $100m to expand in Africa

The Chinese company has turned to the International Finance Corporation (IFC) in support of its consumer...

Industry

25/04/2023 at 16h17, by Africa Business+

Chinese-owned Tilemaster invests heavily in Ghana and Tanzania

Businessman Yanchang Shen’s building materials company, active in Africa, will receive up to €200 million...

Health

25/04/2023 at 14h14, by Africa Business+

Nutriset and Mérieux entity Safir takes 25% share in Ethiopian Bless Agri-Food Laboratory Services 

This first participation of Société d’appui au financement d’investissements responsables (Safir) in...

Private Equity

20/04/2023 at 18h23, by Africa Business+

Mauritius’ Grit reaching $30 million fund commercial and industrial real estate target in sub-Saharan Africa

The new vehicle, Africa Impact Industrial, claims nearly $200 million in projects in the pipeline. In...

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