Latest News East Africa
Renewable energies
21/01/2020 at 14h17, by Aurelie Benoit
Renewables: Bank of America, Facebook, Shell et al join responsAbility’s new fund
The Swiss investment company, which has over $3bn of assets under management, has teamed up with a number...
Maritime transport
16/01/2020 at 13h19, by Africa Business+
Djibouti: new legal victory for DP World
Events move on and the former operator of the Doraleh container terminal, which is challenging its exclusion...
Agri-food industry
10/01/2020 at 08h13, by Pierre-Olivier Rouaud
Dutch impact fund Veris validates its investment strategy with the sale of Ethiopian company Senselet to PepsiCo
The impact fund Veris Investments recently sold its majority shareholding in Ethiopian crisps producer...
Telecoms
07/01/2020 at 14h59, by Africa Business+
With the disposal of assets worth $983m, MTN Group is well positioned to bid for the GSM licence in Ethiopia
With the sale last week of two stakes in American Tower for nearly $523m, MTN Group Limited reached...
Agri-food industry
03/01/2020 at 17h14, by Valentin Grille
Dutch trio finances Habesha Breweries, alongside IFC
World Bank Group’s sister organisation IFC will loan €50m to Ethiopia’s Habesha Breweries, with co-funders...
Agri-food industry
20/12/2019 at 12h53, by Estelle Maussion
Ethiopia: OCP joins the race against Coca Cola and Dangote for sugar refining
The Moroccan fertilizer giant is one of about twenty companies that have expressed an interest in acquiring...
Electricity
19/12/2019 at 14h55, by Gaëlle Arenson
With Canada’s JCM Power, STOA Infra & Energy (CDC/AFD)’s commitments reach $234m
Two months after investing in GSEZ Ports, the vehicle which is 83.3% controlled by France’s Caisse de...
Mines
10/12/2019 at 18h00, by Aurelie Benoit
Samaila Zubairu (AFC) shows renewed faith in Danakali’s potash project in Eritrea
The pan-African financial institution is to acquire one third of Danakil and become a strategic shareholder...
Renewable energies
02/12/2019 at 15h37, by Aurelie Benoit
With new financing, Fenix International (Engie) is looking to step up a gear on the continent
The solar home systems specialist, now part of giant French energy group Engie, aims to provide millions...
Maritime transport
02/12/2019 at 15h31, by Africa Business+
Evicted from Djibouti, DP World is making inroads at Berbera
DP World, which was forced to leave Djibouti without notice, is seeking legal redress and pushing ahead...
Health
28/11/2019 at 16h48, by Aurelie Benoit
Healthcare: IFC and IFHA launch a $115m investment platform
The international development institution has invested $22m in the fund which targets the healthcare...
Agribusiness
28/11/2019 at 16h41, by Africa Business+
The Rise Fund (Mo Ibrahim, Richard Branson, Bono et al) invests in Uganda’s Pearl Dairy
The impact investment fund managed by TPG Growth closes its second transaction in the dairy produce...
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