Latest News East Africa
Electricity
09/10/2023 at 15h02, by Africa Business+
Rwanda: Sinohydro takes over $84 million Muvumba multi-purpose dam project
The Chinese state-owned group won the bid over three competitors. The financing to build the water reservoir...
Bank
04/10/2023 at 16h07, by Pierre-Olivier Rouaud
British International Investment $60m to support Access Bank
The British development institution continues its commitment to the Nigerian bank with a credit line...
Energy
03/10/2023 at 16h55, by Africa Business+
Elsewedy Electric launches arbitration against South Sudan
The Egyptian energy group signed a contract in 2019 to build a 20 MW solar power plant, a 35 MWh battery...
News
03/10/2023 at 16h52, by Africa Business+
Rwanda: Bboxx secures $17m from World Bank for clean cooking programme
The line of credit will be obtained through the Development Bank of Rwanda.
Automotive distribution
02/10/2023 at 16h11, by Africa Business+
Auto24.africa’s 2028 target aims at 20 countries for used vehicles
Following its launch in Côte d’Ivoire in 2022, the used combustion and electric vehicle sales platform...
Mines
27/09/2023 at 15h03, by Africa Business+
Rostam Aziz and Tembo Gold: behind the scenes of Tanzanian tycoon’s new mining investment
Rostam Aziz, best known for his involvement in telecommunications, plans to invest CAD$11.5 million...
Construction & Infrastructure
19/09/2023 at 16h21, by Africa Business+
Meridiam moves its captains to Dakar, Libreville and Addis Ababa
A game of musical chairs for some of the continent’s private equity managers.
Industry
18/09/2023 at 14h54, by Africa Business+
Japan’s Epson expands African footprint with office in Nigeria
Busayo Akindola, a specialist in market development, recently took over the management of this flagship...
Renewable energies
18/09/2023 at 14h33, by Africa Business+
Gide Partner Victor Grandguillaume again supports AMEA Power, this time for its Djibouti 25 MW solar farm
A former Engie project taken over by AMEA Power, the future Grand Bara wind farm, has just been confirmed...
Bank & Insurance
15/09/2023 at 04h49, by Aurelie Benoit
Jesse Moore (M-Kopa) in negotiations with Washington to fund further growth
Only a few months after securing $255 million, the Canadian entrepreneur is already back in front of...
Mines
14/09/2023 at 14h19, by Africa Business+
Allied Gold: Allen & Overy, McCarthy Tétrault and Appleby provide support to fundraising, business combination and IPO
These law firms’ teams were mobilised for the transaction completed in early September by the mining...
Mines
11/09/2023 at 15h24, by Africa Business+
Active in DRC lithium, Klaus Eckhof and Mark Gasson are also making inroads in Uganda
The lithium permits on which the two men are positioned in Uganda are attracting the attention of investors,...
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