Wednesday, July 15

Investing

Jubilee Holdings Limited

Regional insurer Jubilee Holdings Limited has cut dividend payout to shareholders to $6.18 million in 2022 from $6.69 million a year earlier. The declaration follows shareholders’ endorsement of the payment of a dividend of $0.064 per share plus a special dividend of $0.021 per share during the 2022 Annual General Meeting (AGM).

Infrastructure investment Africa

Population growth and economic development have necessitated speeding up and scaling up infrastructure development in Africa. Over 28 African nations have seen population growth of more than double in the last 30 years. The population of 26 other African countries will quadruple over the next 30 years. Consequently, funding for the continent’s infrastructure has become essential.

Agri-tech is redefining agribusiness in Africa

Increased investments in agri-business will see Agriculture Technology (Agri-Tech) in Africa record massive growth. The food security crisis has ravaged many African countries. Consequently, the situation has attracted investor interest. This has instigated a digital revolution promoting the Agri-tech start-up ecosystem. Agri-tech startups remain instrumental in developing the agribusiness sector. The sector wields enormous economic potential for the continent.

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