Latest News East Africa

Energy

30/01/2024 at 08h18, by Africa Business+

Bboxx moves headquarters to Africa

Africa Business+ takes a look

Health

25/01/2024 at 12h55, by Africa Business+

Healthtech: behind the scenes of Dawa Mkononi’s fundraising 

The Tanzanian start-up has successfully raised $2 million in funding. 

Mines

22/01/2024 at 17h57, by Africa Business+

Perseus and Silvercorp battle for OreCorp in Tanzania

Australia’s Perseus and Canada’s Silvercorp have been trying to buy junior OreCorp for several months.

Bank & Insurance

22/01/2024 at 16h14, by Africa Business+

InfraCo Africa starts the year with three new investments in Kenya

The UK-based investment firm has signed a trio of deals in Kenya, one of its preferred markets.

Private Equity

18/01/2024 at 17h14, by Africa Business+

Norrsken22’s Natalie Kolbe: “We can invest up to $40 million per company.”

The managing partner of the pan-African fund talks about the final closing of Norrsken22, which has...

Consumer goods & Retail

18/01/2024 at 16h18, by Africa Business+

E-commerce: Start-up Badili raises $2 m for expansion in Southern and East Africa

A year after raising $1.9 million in pre-seed funding, the mobile phone refurbishment and upgrade platform...

Development Bank

12/01/2024 at 16h19, by Africa Business+

Uganda Telecom embarks on rural infrastructure expansion after financial upheaval

The group, which has returned to 100% public ownership, will install over 650 towers in areas with little...

Development Bank

11/01/2024 at 17h28, by Africa Business+

AIIB targets Rwanda for $100m in electricity support

The Asian Infrastructure Investment Bank (AIIB) was set up at China’s initiative as an alternative financing...

Maritime transport

11/01/2024 at 16h36, by Africa Business+

AGL raises funds and shows interest in Mombasa port

Find out more with Africa Business+.

Development Bank

19/12/2023 at 16h30, by Africa Business+

Development Bank of Rwanda gets €20m to support green transition

Rwanda’s local banking establishment is stepping up its initiatives to position itself as a key financial...

Bank

18/12/2023 at 19h20, by Africa Business+

Tanzania’s CRDB receives $300m facility from US DFC

The bank, which has already received post-covid cover from the US, is at it again. This time, with more...

Development Bank

12/12/2023 at 15h56, by Pierre-Olivier Rouaud

Aqua Expeditions seeks $45m for luxury cruises in East Africa

The Singapore-based company, which already operates in the Amazon, Mekong and Bali, is looking to expand...

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