Latest News East Africa
Transport & Logistics
27/11/2023 at 15h35, by Christelle Marot
BluePeak invests $20 million in Prime Logistics based on ESG criteria
Asset management firm BluePeak Private Capital is diversifying its portfolio with its first hybrid loan...
Construction & Infrastructure
23/11/2023 at 21h29, by Samba Camara
Ethiopia: China Wu Yi wins $72.3m road project over stiff competition
The Ethiopian government is making progress on upgrading the Jimma-Chida and Sodo-Sawla roads.
Capital Market & Private Equity
23/11/2023 at 18h29, by Africa Business+
FMO and IFC support African Rivers Fund IV, XSML’s Central Africa SME fund
The fund plans to make 40 to 50 investments with average target tickets of between $2 million and $3...
Agribusiness
16/11/2023 at 17h00, by Africa Business+
ENI accelerates Kenya biofuel plants with IFC as lead lender and arranger
The $213 million project aims to process 600,000 tonnes of agricultural products annually. It is part...
Health
14/11/2023 at 19h39, by Africa Business+
CFAO: Pascal Bordeaux moves from supermarkets to pharmacies
The former head of CFAO Retail in Côte d’Ivoire has joined the healthcare division in Kenya, where the...
Private Equity
10/11/2023 at 17h12, by Africa Business+
Nithio, run by former Google and White House staff, raises funds for electrification of continent
The financing platform for off-grid energy access, founded by investment specialists, continues to raise...
Advisory
09/11/2023 at 16h07, by Africa Business+
Advisers to Hollard International’s acquisition of a stake in APA Insurance
The South African insurance group has acquired a 20% stake in the Kenyan company.
Agribusiness
06/11/2023 at 16h34, by Africa Business+
Pula waits for IFC funding for Series B
The Kenya insurtech run by Thomas Njeru, specialising in parametric microinsurance for farmers, is supported...
Electricity
02/11/2023 at 12h25, by Africa Business+
India’s Lucky Global at work on Ethiopia’s power grid
The electrical engineering and construction group has won an AfDB-funded contract for medium and low-voltage...
Bank & Insurance
28/10/2023 at 14h23, by Africa Business+
Turaco CEO Ted Pantone: “We want to be the leading insurance company in terms of customers”
The insurtech, operating in East Africa and Nigeria, entered its fourth market, Ghana, by acquiring...
Agribusiness
27/10/2023 at 16h41, by Africa Business+
Ascent Capital and Zoscales Partners bid for Awash Wine Share Co, Ethiopia’s leading wine company
The two East African capital investors have positioned themselves to buy out their counterpart, 8 Miles,...
Bank
25/10/2023 at 15h42, by Africa Business+
Banque de Crédit de Bujumbura secures dollar funding
Banque de Crédit de Bujumbura, a minority subsidiary of Bank of Africa and Burundi’s third-largest financial...
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