Latest News East Africa
Private Equity
20/12/2022 at 19h13, by Africa Business+
Private equity : XSML goes back to investors for fourth fund
With its third vehicle about to be fully invested, the impact fund manager is preparing the next step...
Renewable energies
20/12/2022 at 19h01, by Africa Business+
Tulu Moye 50 MW geothermal power plant in Ethiopia will cost $330 million
The total cost of the plant, developed by TMGO, will be confirmed once drilling to assess steam resources...
New technologies
19/12/2022 at 18h54, by Africa Business+
Artificial intelligence : Samasource strengthens position on the East African flank
The former NGO, which will be transformed into a for-profit company in 2019, has applied to the IFC...
Renewable energies
16/12/2022 at 12h52, by Africa Business+
Globeleq secures $72m senior debt and concessional loans for Kenya Menengai project
The AfDB is leading the way by providing $29.5 million in senior debt and raising $22.4 million in co-financing...
Maritime transport
13/12/2022 at 18h11, by Africa Business+
WeFreight targets Nairobi-Mumbai shipping route
The freight forwarder, a specialist in emerging markets, is considering other African openings, including...
Telecoms & Media
09/12/2022 at 18h44, by Africa Business+
Canal+ to open subsidiaries in Chad and Burundi
More details from Africa Business+.
Agri-food industry
06/12/2022 at 21h29, by Africa Business+
Castel: Hervé Milhade takes over BGI Ethiopia
Two other moves in Malawi and Togo accompany his appointment at the helm of the French group’s Ethiopian...
Health
05/12/2022 at 23h01, by Africa Business+
Clinics: $28m IFC support for Lenmed South Africa
The funding will enable the private clinic operator to double the number of beds.
Private Equity
02/12/2022 at 18h32, by Africa Business+
Helios and AIIM supported Nigerian Starsight Energy opens three new markets in 2023
The green energy supplier, in the process of merging with South Africa’s SolarAfrica, began its foray...
Bank & Insurance
01/12/2022 at 15h41, by Africa Business+
Kenya : Watu Africa seeks financial backing to revolutionise motorbike taxi market
The combined microfinance and transport platform fintech aims to strengthen its activities in Kenya...
Private Equity
24/11/2022 at 18h09, by Africa Business+
Admaius Capital Partners buys SNBG in Tunisia and looks to purchase a generic company
In the wake of its investment in Power Brands (Céréalis) to establish a North African FMCG platform,...
Construction & Infrastructure
23/11/2022 at 17h41, by Africa Business+
AIIF4 with Mota Engil and Stanbic Bank gets MIGA support for PPPs in Kenya
South African insurer Old Mutual’s infrastructure fund received a guarantee for its $37 million capital...
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