Africa Market Trends

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Tony Elumelu Foundation Signs $6m Partnership to Empower African Entrepreneurs

Tony Elumelu Foundation has secured a US$6 million...

AfDB’s Climate Action Window Channels $31m to Boost Climate Resilience in Four Countries

African Development Bank’s Climate Action Window has channelled...

US Scraps $17m Tax Policy Project for Liberia Amid Spending Concerns

The US through DOGE has cancelled a US$17...

West African Development Bank Issues $500m Sustainable Hybrid Bond on International Market

The West African Development Bank leads the way...

IFC and CIB Partner to Support Decarbonization across Key Sectors in Egypt

IFC and CIB have partnered to support reduced...
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USAID Announces Additional $35m to Support Mpox Outbreak Response in Central and Eastern Africa

Mpox has been spreading in various African countries, raising global concerns across the world The US, via USAID, has announced up to an...

Liquid Intelligent Technologies and Globalstar Partner to Deliver High-Speed 5G Access Solutions across Africa

Liquid Intelligent Technologies announced a partnership with Globalstar to deliver advanced 5G connectivity solutions across Africa and other regions The partnership will provide...

BII Commits up to $35m Alongside DP World Into DRC’s First Deepwater Container Port

UK's development bank to invest towards the development of the first phase of a new container port in DRC The deal is an...

Mobius Motors Secures 100% Acquisition Deal Days after Announcing Its Shutdown

Mobius Motors, a Kenyan automotive company, has agreed to an acquisition offer from an unnamed buyer just a week after revealing plans to...

Kenyan Clothing Firm Eyes $15m Loan from IFC for New Factory

Kenyan clothing firm Royal eyes a loan investment from IFC to set up a new factory The US$15 million fund will be used...

Liquid Intelligent Technologies to Launch the First Azure Stack in Uganda

Liquid Intelligent Technologies is launching the first Microsoft Azure Stack in Uganda This move boosts Uganda's roadmap, aiming to boost SMEs and connect...
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