Investment
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Supply chain & logistics
Glovo wants to expand its operations across Africa with a $60mn investment
Glovo, a Spanish on-demand delivery service, has just unveiled its plan to invest $60mn over the next 12 months to…
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US’ DFC Set To Launch US$100m Investment Fund For Local Entrepreneurs
MOROCCO – US International Development Finance Corporation (DFC) has announced that it will operate a US$100 million fund focusing on promoting…
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Business
6 Factors Standing In The Way Of Expanding Your Business
If you have been running a small business for a while now, the chances are good that you are itching…
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Business
How Investors Can Go About Remote Due Diligence In A Pandemic World
“When written in Chinese, the word crisis is composed of two characters. One represents danger and the other represents opportunity.”…
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Business
TLcom Makes First Investment In African Healthtech As Kenya’s Ilara Health Raises $3.75m Series A Funding
Barely 2 months after receiving $1.1m in grant funding from the Bill & Melinda Gates Foundation, one of Africa’s most…
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Business
Infrastructure Credit Guarantee InfraCredit Secures US$27m Equity Investment From InfraCo Africa
NIGERIA – InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has completed an approximately US$27m equity investment into InfraCredit,…
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Uganda Approves US$575m Tullow Stake Sale To Total
UGANDA – Tullow Oil has received an approval from the Ugandan government for the sale of a $575 million stake in an oil…
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The Power & Electricity World Africa 2020
Innovation, Investment, Infrastructure – Energy For The People A free-to-attend virtual conference and exhibition for the entire energy community 4 –…
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Naspers Foundry Invests In The Food Service Industry, With Stake In Food Supply Network
Naspers Foundry, the venture capital subsidiary of the South African group Naspers, has concluded its third deal with an undisclosed…
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VALR raises R57-million to advance cryptocurrency adoption
VALR, one of South Africa’s leading cryptocurrency exchange, announced today that it has raised R57-million (US$3.4-million) to advance the adoption…
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