Latest News East Africa
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...
Bank
24/10/2023 at 16h45, by Africa Business+
CRDB, Tanzania’s leading bank, wins IFC support for the country’s first green bond
Approved by the market authorities in mid-August, the aim is to raise $300 million over time, of which...
Maritime transport
24/10/2023 at 16h12, by Africa Business+
AGL in line for port of Dar es Salaam extension
An exclusive from Africa Business+.
Industry
23/10/2023 at 16h58, by Africa Business+
Arise IIP awaits $250m from IFC for operations in four countries
The International Finance Corporation (IFC) plans to lend up to €250 million for the developer’s projects...
Construction & Infrastructure
20/10/2023 at 14h20, by Africa Business+
Summa Corporation transforms Rwanda office into a regional hub
In Rwanda, the Turkish group is currently building the Amahoro Stadium, and in Kenya, it is competing...
News
19/10/2023 at 18h00, by Africa Business+
Winwin completing Agora sports centres in Kenya and looking to Benin next [Free]
Following constructing a dozen sports centres in Côte d’Ivoire, the French company specialising in developing...
Energy
18/10/2023 at 16h42, by Africa Business+
Africa Energy Development Corporation (AEDC) seeks funds to accelerate off-grid development
Already present in Kenya, project developer IPP is venturing throughout the region and intends to explore...
Energy
16/10/2023 at 15h21, by Africa Business+
Kenya estimates nuclear power plant will cost $3.5 billion
The Kenya Nuclear Power and Energy Agency (NuPEA) is piloting the project.
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