Investing

  • With its multiple technologies, Bboxx is trailblazing in the green energy space, scaling its operations across Africa and projecting to offset over 20 million tonnes of CO2.
  • Bboxx has been awarded Gold Standard certification for carbon credit programs based on solar home systems, clean cooking alternatives, and solar-powered water pumps.
  • Implementing carbon programs allows Bboxx to accelerate market growth potential by reaching over 4 million customers in five African countries.

Rwanda-based Bboxx plans to offset over 20 million tonnes of carbon and generate $100 million worth of carbon credits through clean energy projects in Africa.

In this initiative, Bboxx projects to positively impact the lives of over four million customers across Rwanda, Kenya, Nigeria, Togo, and the Democratic Republic of Congo (DRC).

These revelations follow Bboxx’s recognition with the Gold Standard certification for its continued rollout of clean energy projects in five African countries. This certification marks a vital moment

Read More
  • Kenya’s private equity deals size are expected to remain modest this year.
  • However, despite the high optimism, deal sizes in East Africa are expected to remain modest.
  • However, businesses are concerned that firms will be scouting for exits, too.

Kenya and its East Africa peers are confident that the fundraising environment for businesses will continue improving in the next 12 months even as the continent experiences mixed expectations.

New findings by Audit firm Deloitte show that while East and West Africans largely anticipate an improvement, opinions in North and Southern Africa are divided, with some expecting improvements, others predicting stagnation, and some foreseeing deterioration.

This outlook comes against the backdrop of persistent high interest rates, inflation, and geopolitical uncertainty, which led to a 9 per cent drop in finalized funds year-on-year in 2023.

The Deloitte Africa Private Equity Confidence Survey 2024, shows that in East Africa, optimism is on …

The opulent and contemporary Downtown Dubai is a global attraction for Vietnamese investors. It is a lively neighbourhood that was built by Emaar Properties and contains some of the most famous structures in the world such as Burj Khalifa and Dubai Mall; therefore, it is an ideal place for investing in property. In this article, we will look at different kinds of real estate in Downtown Dubai which are attractive to Vietnamese buyers.

Overview of Downtown Dubai

Situated between Sheikh Zayed Road and Financial Centre Road, the Downtown Dubai neighbourhood is a mixed-use development located at the centre of the city. This area contains everything; residential, commercial, and leisure spaces for both residents and visitors. The tall skyscrapers, luxury apartments, and top-notch facilities define this as among the best areas to invest in Dubai property-wise.

Types of Properties Available

Apartments

Downtown Dubai provides a broad choice of luxury apartments that …

Investors from Ireland and Nordic countries are encouraged to consider Africa a promising destination for their investments, as the continent holds significant growth potential.
This call comes after an official visit by Prof. Kevin Chika Urama, the Chief Economist of the African Development Bank Group, to Denmark, Finland, Ireland, Norway, and Sweden.…

Kenya will host the second Canada-Africa Business Conference early next year, bringing together investors from the two regions to explore key investment opportunities. Some of the target industries that the 19-20 February 2024 conference will focus on are medical care, infrastructure, energy, financing for Canada-Africa projects, and FinTech.
The two-day meeting in Nairobi’s Muthaiga Country Club follows the two regions’ first-ever program at Botswana’s Gaborone International Convention Centre in 2019.
In partnership with the Kenya Private Sector Alliance (KEPSA), the Canada-Africa Business Conference will bring together key players who will also visit select locations.…

Gabon, one of Africa’s most prolific oil and gas markets, has substantial offshore oil reserves that remain largely untapped, ranking it sixth in African oil production. The newly established Government of Transition has embarked on a concerted campaign to actively attract oil Exploration and Production (E&P) companies with the requisite capabilities to harness these valuable resources.…

  • The 1,028km highway will connect economic capitals of five West African countries, part of Ecowas economic block.
  • Estimates show the project will cost $15.1 billion and is part of the Trans-African Highway Network.
  • ECOWAS Heads of State want to speed up the construction of the highway..

The African Development Bank and the Economic Community of West African States (ECOWAS) Heads of State now want to speed up the construction of the highway between Abidjan and Lagos.

This was realized after the 1st round table of development partners and major regional and international DFIs on the financing of the Construction of the Abidjan–Lagos Corridor Highway, in Abidjan, Côte d’Ivoire.

The round table aimed at providing the main regional and international development finance institutions with the latest information on this major regional project.

Abidjan-Lagos road design

The meeting also served as an awareness-raising platform and “soft market test” for the project, …

  • Egypt and Nigeria markets remain the top targets of international hotel chains. 
  • New hotels' pipeline in sub-Saharan Africa has gone up six per cent in 2022 (measured by rooms), whilst in North Africa the total has risen by four per cent.
  • At the moment, the hotel chains have deals signed in 42 countries in Africa.

Africa remains a top investment destination by global hotel chains as brands pump in billions of dollars into putting up facilities in the continent, an industry survey now shows.

The African hotel chain development pipeline now totals 482 hotels with 84,427 rooms, the W-Hospitality Group report titled 'Hotel Chain Development Pipeline Africa', indicates.

This total was analysed initially according to two main regions, that is, North Africa where it looked at five countries – Morocco, Algeria, Tunisia, Libya, and Egypt, and sub-Saharan Africa (49 countries, including the Indian Ocean islands).

The pipeline in…

Last week, President Salva Kiir of South Sudan stepped into Moscow to meet his Russian counterpart, President Vladimir Putin. Their talks echoed the promise of an expanding relationship. However, an air of curiosity tinged the talks as the pair discussed energy, trade, and the ever-hot subject of security. In a secluded meeting that held the weight of geopolitics, Kiir and Putin's dialogue not only spanned the customary diplomatic matters but also ventured into the depths of political and security concerns within South Sudan.…

[elementor-template id="94265"]

Subscribe to Our Newsletter

STAY INFORMED

Unlock Business Wisdom - Join The Exchange Africa's Newsletter for Expert African Business Insights!

Check your inbox or spam folder to confirm your subscription.

Stay ahead of the game with our weekly African business Newsletter
Recieve Expert analysis, commentary and Insights into the enviroment which can help you make informed decisions.

Check your inbox or spam folder to confirm your subscription.

Exit mobile version