Latest News East Africa
Agri-food industry
24/04/2020 at 17h28, by Africa Business+
Ethiopia: Agricultural Transformation Agency supplier, US firm Ethio Lease, gets a $30m capital boost
The US-based investment firm Roha is injecting $30m into AAFC, one of its portfolio companies, to propel...
Oil & Gas
23/04/2020 at 17h49, by Africa Business+
Oil & gas: Addis Ababa remains on the lookout for a supplier to replace ADNOC
After Ethiopia tightened the awarding conditions of its annual supply contract, which is currently held...
Telecoms & Media
22/04/2020 at 15h28, by Africa Business+
Canal+ considers offers from Eutelsat, Intelsat and Astra for its Ethiopian platform
Carried out in partnership with local entrepreneur Teodros Abraham, the $100m project is expected to...
Large-scale distribution
17/04/2020 at 15h50, by Africa Business+
Why Amethis is betting on Naivas supermarkets
A few months after the bankruptcy of one of the largest retailers on the market, a leading Kenyan supermarket...
Renewable energies
15/04/2020 at 17h05, by Aurelie Benoit
DFC, OPIC’s successor, renews its confidence in D.Light, a solar pioneer in Africa
The bank is offering a helping hand to strengthen the American photovoltaic solutions provider’s position...
Land transport
09/04/2020 at 17h08, by Aurelie Benoit
Addis Ababa Bus Rapid Transit: Korea Eximbank follows AFD’s lead
The Ethiopian government has just approved financing with the Asian bank for its bus rapid transit project...
Renewable energies
08/04/2020 at 13h28, by Aurelie Benoit
At Addis Ababa’s request, Meridiam takes the heat off the Tulu Moye geothermal site
The infrastructure giant has lowered production targets at its future geothermal site, respecting local...
Private Equity
03/04/2020 at 16h17, by Valentin Grille
EquaLife Capital’s new $2m Covid-19 Relief Fund: the details
Kenya-based EquaLife Capital, a firm specialising in venture debt, plans to invest in 10 to 20 businesses...
Agri-food industry
31/03/2020 at 09h32, by Africa Business+
Chris Kirubi takes advantage of Centum’s weak price to raise capital
The Kenyan tycoon will increase his share in the group from 28.94% to 49.99% for 133 million dollars....
Bank
26/03/2020 at 17h39, by Africa Business+
Covid-19 threatens to slow bank merger activity in Kenya
Since the recent lifting of certain regulatory restrictions, the outlook for Kenya’s banking sector...
Agri-food industry
20/03/2020 at 17h15, by Africa Business+
“Awarding new operating licenses would be more appropriate than privatisation” (Kenya Sugar Millers Association).
Inefficiencies, losses, and payment defaults eventually forced Kenya to review its model of regional...
Air transport
13/03/2020 at 15h42, by Aurelie Benoit
Leasing: ABL Aviation in talks with Ethiopian for Boeing 787s
According to our information, the company, which has just completed a transaction for eight aircraft...
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