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Browsing: Europe-Africa investments
- The alliance aims to act as a pipeline for businesses in Europe and Africa to leverage investment opportunities across the two regions.
- Deal modelled to capitalize on Africa’s untapped potential and Europe’s advanced entrepreneurial and tech ability to drive investments.
- The two parties have identified demography, decarbonization, digitization, and derisking as reasons for Europe’s growing interest in Africa.
Financial services giant ODDO BHF from Germany has taken a step forward in fostering cross-continental economic collaboration by signing a memorandum of understanding (MOU) with regional lender Equity Group.
This alliance, which was formalized during the German-Africa Business Summit in Nairobi, aims to act as a pipeline for businesses in Europe and Africa to leverage investment opportunities across the two regions.
Dr. James Mwangi, Managing Director and CEO of Equity Group, alongside Florian Witt, Head of Corporate Banking at ODDO BHF, signed the agreement that is modelled to capitalize on …