Browsing: investment

In a significant move by Moody’s Investors Service, Nigeria’s credit rating has been upgraded from stable to positive. The devaluation…

Reduced commodity prices will hamper Zimbabwe’s economic growth aspirations in 2024. Commodities produced by Zimbabwe include platinum, gold, and diamonds.…

Africa has today emerged as a fertile ground for groundbreaking startups. As 2024 approaches, the continent’s startup scene is buzzing with activity, marked by impressive funding rounds and strategic expansions. This trend is a fleeting moment and a testament to African entrepreneurship’s resilient and dynamic spirit.

The Exchange Africa spotlights five startups thriving and redefining the business landscape in their respective sectors. From renewable energy solutions in the Democratic Republic of Congo to digital health platforms in Kenya, these companies embody the ingenuity and potential of Africa’s business ecosystem. They attract significant investment and are poised to substantially impact their communities.

Nairobi, Kenya, will be the site of the highly anticipated Annual Conference of the African Securities Exchanges Association (ASEA) from…

Bamburi Cement PLC has announced plans to sell its Ugandan business to Sarrai Group, pending regulatory approvals. The Board of Directors of the cement maker has approved the sale of its stake in Hima Cement Limited, Uganda, amid declining profits.

Dubai Ports World (DP World), based in the United Arab Emirates, is rapidly expanding its operations across Africa to become…

Kenya has bagged three green investment deals at the recently concluded Africa Climate Summit. The sustainable trade investment deals will see the East African nation partner with Sweden, South Africa and Hong Kong to enhance food security and air travel in the country. The parties involved announced the three deals during a sideline event of the 2023 Africa climate summit in Nairobi.

AFC and CPF Financial Services will collaborate in identifying, developing, and co-financing infrastructure projects aligned with Kenya’s growth plan.  Globally,…

Currently, East Africa is reeling from the effects of the worst drought on record; extreme heat is ravaging northern Africa…

The hospitality industry is changing fast. When considering the future hotel experience, you are no longer just looking at a travel destination or a sleepover spot. Hotels of the future must offer more. An ‘augmented hospitality experience’ is what experts are calling it. Thus, stakeholders in Africa’s hospitality industry must explore ways to adapt.