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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 …
- 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 …
Africa seeks economic prosperity rooted in sustainable development and inclusive growth. Appropriate governance and exploitation of the latent potential in the African blue economy can accelerate economic growth. Consequently, this can help alleviate poverty throughout the continent.…
Post the Restructure, in January 2018, Probrands disposed of its dairy assets to a newly incorporated company, Prodairy, a dairy and dairy products processor.”
The company has a long history of brushes with the law.
In 2013 Innscor Africa Limited was fined US$ 60 million for not following the proper procedures in its acquisition of majority shareholding in National Foods Limited in 2013. The CTC, after conduction investigations on the transaction, found that Innscor acted against regulations when it purchased a majority interest in National Foods.
Innscor Africa Limited as in its most recent run-in with CTC did not notify them of their intention to acquire a majority stake in National Foods Limited which is a contravention of the Competition Act.…
- E-pharmacy platform MYDAWA has received US$1.2 million from the Bill and Melinda Gates Foundation to launch the first Kenyan telehealth solution tailored to HIV prevention
- MYDAWA said it had developed the first end-to-end virtual healthcare solution for customers who wish to access Pre-Exposure Prophylaxis (PrEP) and Post-Exposure Prophylaxis (PEP) online
- Approximately 38 million people around the world are living with HIV, with close to 21 million of them in Eastern and Southern Africa
Kenyan-based e-pharmacy platform MYDAWA has received US$1.2 million from the Bill and Melinda Gates Foundation to launch the first Kenyan telehealth solution tailored to HIV prevention.
On Monday, October 24, 2022, MYDAWA said it had developed the first end-to-end virtual healthcare solution for customers who wish to access Pre-Exposure Prophylaxis (PrEP) and Post-Exposure Prophylaxis (PEP) online.
The development received the financial support from the American organisation in partnership with the University of Washington, Jomo Kenyatta University of …
- Unity Homes has completed 10.0 per cent of its KSh 5.4 billion housing project dubbed Unity East
- Unity East sits on a 10.4-acre piece of land at Tatu City in Ruiru Sub-County and constitutes 64 units of the total 640 houses whose construction began in November 2021
- Unity Homes said it would deliver the project in batches, with the last batch of units expected to be delivered by September 2024
Kenyan property company Unity Homes has completed 10.0 per cent of its KSh 5.4 billion housing project dubbed Unity East.
The property, which sits on a 10.4-acre piece of land at Tatu City in Ruiru Sub-County, constitutes 64 units of the total 640 houses whose construction began in November 2021 as the project’s second phase.
Unity Homes said it would deliver the project in batches, with the last batch of units expected to be delivered by September 2024.
Other projects …
In times of economic volatility like during a recession cash king. Cash provides investors with a buffer to absorb the shocks that may comes from a bad economy but also the ability to take full advantage of the opportunities that are sure to arise as investors run for the doors.
Shrewd investors who realize this will always make cash or dry powder provisions in their investment portfolios. They do this by keeping cash in their brokerage or bank accounts or investing in near-cash securities like money market accounts and certificates of deposits.
Cash is important because in a recession good quality securities and investments can be bought for knockdown or bargain basement prices. This can only be realized if an investor to begin with did not lose their nerve at the prospect of a recession and secondly decided to keep a significant portion of their portfolio in cash.…
- Uganda, Nigeria and DRC are the latest beneficiaries of a multinational project initiated by the African Development Bank
- The Creating Sustainable Youth MSMEs Through Urban Farming (SYMUF) project is intended to create jobs and improve livelihoods for the youth in the three African countries
- The initiative will support young farmers who are attracted to urban farming
The African Development Bank (AfDB) has launched a multinational project to create jobs and improve livelihoods for youth in three African countries.
The Creating Sustainable Youth MSMEs Through Urban Farming (SYMUF) initiative will support young farmers in Nigeria, the Democratic Republic of the Congo (DRC) and Uganda who are attracted to urban farming.
AfDB is partnering with a consortium of incubation centres in participating countries to implement the project.
They are the Africa Projects Development Centre (APDC) in Nigeria, the International Institute of Tropical Agriculture (IITA-Bukavu) in the DRC, and the African Agribusiness Incubation …
