Latest News East Africa

Renewable energies

22/11/2022 at 19h22, by Africa Business+

M-KOPA’s Jesse Moore seeks further backing 

The pay-as-you-go product and service provider is again seeking funding to support growth in its two...

Advisory

16/11/2022 at 16h31, by Africa Business+

Admaius Capital Partners’ counsels on invesment in Tunisia’s Power Brands

After taking control of Power Brands, the parent company of Céréalis, the private equity firm Admaius...

Private Equity

14/11/2022 at 12h06, by Africa Business+

Rwanda’s $104 million Ireme Invest fund supported by AFD, EIB, FCDO, Sida and GCPF 

This new green economy investment fund in Rwanda, announced at COP27 in Sharm El-Sheikh, will be co-managed...

New technologies

10/11/2022 at 12h50, by Africa Business+

Judy Waruiru succeeds Offer Gat as head of digital payments firm DPO Africa

From January 2023, the new CEO, based in Kenya, will take over from Offer Gat, co-founder and chairman...

Telecoms

08/11/2022 at 15h27, by Africa Business+

MIGA guarantees Safaricom’s $1.23 billion project in Ethiopia

With the support of the International Development Association (IDA), the World Bank’s guarantee fund...

Renewable energies

04/11/2022 at 17h07, by Africa Business+

M-KOPA CEO Jesse Moore gets another shot at $15 m from FMO

The Africa-connected asset financing platform is in the sights of the Dutch donor one year after its...

Advisory

03/11/2022 at 17h24, by Africa Business+

Kampala seeks advice from Transitec and ODA on developing public transport company 

The consulting contract, unprecedented in Uganda, aims to contribute to modernising urban transport...

Renewable energies

24/10/2022 at 16h49, by Africa Business+

Meridiam replenishes its coffers for Ethiopian geothermal power plant

The energy project has been in the pipeline for several years and continues to attract funding despite...

Health

24/10/2022 at 16h33, by Africa Business+

Avenue Group, affiliated to giant TPG, negotiates IFC financing 

Owned by Evercare Health Fund, a vehicle managed by the US private equity behemoth, the Kenyan company...

Energy

14/10/2022 at 16h47, by Africa Business+

Gas to power : EPPM seeks $180 million to extract methane from Lake Kivu

Faced with the lead taken by its Rwandan neighbour, Kinshasa wants to accelerate the methane extraction...

Air transport

13/10/2022 at 14h57, by Africa Business+

Ethiopian Airlines receives tailor-made mission from Business France in Addis 

The French industrialists pre-selected by the airline within a framework of possible commercial partnerships...

Private Equity

12/10/2022 at 15h04, by Africa Business+

Beyond Capital Ventures on track for $30 million final closing

The investor, having completed its first financing round last year, expects to sign the final entries...

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