[Column] NJ Ayuk: The fierce urgency of African energy banks
Dec 4, 2024 · Africa Business Communities. [Column] NJ Ayuk: The fierce urgency of African energy banks. For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry.
[South Africa] AfDB releases the first tranche of $1 billion loan to ...
Dec 13, 2024 · [South Africa] AfDB releases the first tranche of $1 billion loan to freight logistics firm Transnet. The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing …
Fertiglobe Becomes ADNOC’s platform for low-carbon ammonia …
Oct 22, 2024 · Fertiglobe Becomes ADNOC’s platform for low-carbon ammonia growth globally. ADNOC announced the completion of its acquisition of OCI Global’s 50% + 1 shareholding in Fertiglobe plc (ADX: FERTIGLB), increasing its share in the Company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange (“ADX”).
[Column] Nixon Kanali: Unpacking the state of fintech in Africa
Oct 10, 2024 · [Column] Nixon Kanali: Unpacking the state of fintech in Africa. The fintech sector in Africa has recorded rapid growth over the recent years to emerge as one of the most vibrant fintech ecosystems worldwide.. The continent’s challenges, including low banking penetration, high levels of the unbanked population, and the mobile phone usage boom, offer a fertile land for innovations to take place.
Africa50 signs agreement to manage International Solar Alliance’s ...
Jun 12, 2024 · Africa50 signs agreement to manage International Solar Alliance’s Africa solar facility. The International Solar Alliance (ISA) and Africa50 have signed a landmark term sheet laying out the key terms on which Africa50, the pan-African infrastructure investor and asset manager, will manage and implement the Africa Solar Facility (ASF).
DPI and Co-Investors acquire Solevo Group
Africa Business Communities. DPI and Co-Investors acquire Solevo Group. Solevo Group, a leading African distribution platform for specialty chemicals has announced its acquisition by Development Partners International (DPI), an investment firm focused on Africa, alongside minority co-investors South Suez and European development finance institution, DEG.
Fin to acquire Thuthukani Housing Finance - Africa Business …
Fin to acquire Thuthukani Housing Finance. Fin, formerly Finclusion, a leading African neobanking platform, has acquired Thuthukani Housing Finance as part of its expansion plans.
African fintechs still grappling with regulatory challenges, report
Oct 21, 2024 · African fintechs still grappling with regulatory challenges, report. The African fintech industry has been actively involved in driving the digital transformation of the continent by presenting innovative solutions for fostering financial inclusion and easing cross-border payments plus access to financial services.
[Interview] Douglas Kendyson, CEO, Selar, Nigeria
May 16, 2024 · Africa Business Communities. [Interview] Douglas Kendyson, CEO, Selar, Nigeria. In this interview, we talk to Douglas Kendyson, CEO of Selar about the growing creator economy in Africa and how it is becoming a crucial driver of global economic growth and recovery. Douglas shares his insights on how this generation of micro-entrepreneurs (creators) is fueling this new trend that is Creator ...
How this healthtech startup is changing the face of Kenyan …
Aug 4, 2024 · Africa Business Communities. How this healthtech startup is changing the face of Kenyan healthcare. Healthcare is one of the biggest challenges facing Africa today, with research showing that as many as half of all Africans lack access to quality healthcare.