UAE Energy Firm Moves to Acquire 90% Stake in Azura Power
Abu Dhabi-based energy infrastructure platform ePointZero is set to acquire a 90 percent stake in Azura Power Holdings Limited, in…
Category: investment
Ventures Platform Raises $84m as Investors Double Down on African Startups
Ventures Platform has secured $84 million in fresh funding for its second institutional fund, surpassing its initial $75 million target…
WIOCC Secures $300 Million Investment to Expand Africa’s Digital Infrastructure
WIOCC Group has secured a $300 million investment from the Africa Finance Corporation (AFC) and Vision International Investment Company (Vision…
Africa’s Next Investment Boom Shifts Beyond Fintech as Cleantech Gains Ground
Africa’s technology investment story is beginning to change, with investors increasingly looking beyond fintech for opportunities in sectors addressing the…
EBRD Invests $8m in Ventures Platform Fund to Back Nigerian, African Startups
The European Bank for Reconstruction and Development (EBRD) has invested $8 million in Ventures Platform Pan-African Fund II, backing early-stage…
Car & General More Than Doubles in Two Weeks as NSE Hits Record KSh4.1 Trillion
Car & General PLC continued its remarkable run on the Nairobi Securities Exchange (NSE), with its share price jumping 42.84%…
Nigeria’s Top Equity Mutual Funds: Zedcrest Leads With 88.58% Return in July 2026
Nigeria’s equity mutual fund market regained momentum in July 2026, with total net asset value (NAV) rising to N241.38 billion,…
Absa Group Secures Only 21% of Shares Sought in Kenya Tender Offer
Absa Group’s plan to increase its ownership of Absa Bank Kenya has received a muted response from minority shareholders, with…
Kenya Faces Record KSh103.38 Billion Treasury Bond Maturity
Kenya is facing its biggest single-day domestic Treasury bond maturity on record, with a KSh103.38 billion bond falling due on…
KCB Investment Bank Opens Up on East Africa’s Deal-Making and Capital Markets
KCB Investment Bank is giving the public a rare look into the world of investment banking with a new podcast…
Ghana Scraps Minimum Capital Requirements for Most Foreign Investors
Ghana has abolished the minimum capital requirements previously imposed on most foreign investors, in a major investment policy shift designed…
AFC Leads $2.5bn Dangote Refinery Equity Raise as Capacity Target Rises to 1.4m bpd
Africa Finance Corporation (AFC) has led a group of strategic investors in a major $2.5 billion equity raise for Dangote…
Tinubu Applauds AfCFTA Backing for Nigeria’s Customs Modernisation Drive
President Bola Tinubu has welcomed the growing continental recognition of Nigeria’s Customs modernisation programme, describing the development as a major…
FG Pushes for West African Fuel Price Benchmark as Europe’s Crises Drive Market Concerns
The Federal Government has called for a West African fuel price benchmark that reflects the region’s own market realities, arguing…
Kenya Approves First Local Banking ETF as KSh 1.64 Trillion Sector Draws Investors
Kenya is opening a new door for investors looking to tap into its booming banking industry, after the Capital Markets…
Nairobi Satellite Town Land Outperforms Stocks and Bonds in 18-Year Investment Race
Land in Nairobi’s satellite towns has emerged as one of Kenya’s strongest long-term investment performers, turning a KSh 1 million…
Tanzania Courts Dangote for Fresh Fertiliser, Energy Investments
Tanzania is stepping up efforts to attract fresh investments from the Dangote Group, with the East African nation targeting opportunities…
Nairobi Securities Exchange Tops KSh4 Trillion as Safaricom, Banks Fuel Historic Market Surge
The Nairobi Securities Exchange (NSE) has reached a historic milestone, surpassing KSh4 trillion in total market capitalization for the first…
DMO Launches August Savings Bonds With Returns of Nearly 15% for Nigerian Investors
The Debt Management Office (DMO) has opened subscriptions for its August 2026 Federal Government Savings Bond programme, offering Nigerians an…
Bank of America sharpens focus on Africa after key role in Dangote refinery placement
Bank of America is strengthening its commitment to Africa with a major leadership reshuffle aimed at expanding its corporate and…
NSE Nears KSh 4Trillion as Market Shrugs Off Biggest Foreign Outflow Since March
The Nairobi Securities Exchange (NSE) is edging closer to a historic KSh 4 trillion market capitalization after another impressive week…
China’s Nigeria Investment Falls Despite $20bn Pledge
Despite a high-profile pledge of more than $20 billion in investment commitments, capital inflows from China into Nigeria have dropped…
IMF Urges Nigeria, African Nations to Improve Data Transparency to Attract Global Investment
Nigeria and other African countries have been urged by the International Monetary Fund (IMF) to strengthen economic stability, improve data…
France Reaffirms Commitment to Boost Trade and Investment Ties with Nigeria
France has reaffirmed its commitment to strengthening trade and investment ties with Nigeria, highlighting the country’s strategic importance as France’s…
In Huaxin, Dangote and BUA face a rival powered by Hong Kong capital
Nigeria’s cement industry is entering a new era of competition as Chinese building materials giant Huaxin Cement strengthens its foothold…
NGX Emerges Africa’s Second-Best Stock Market as Investors Drive 47.4% Surge in First Half of 2026
The Nigerian Exchange (NGX) has cemented its position as one of Africa’s strongest-performing equity markets, delivering an impressive 47.43% return…
NGX investors gain N1.76 trillion on buying interest across key sectors
The Nigerian Exchange (NGX) began the week on a strong note as investors recorded a massive N1.76 trillion gain on…
Fintech raises capital for African expansion
Nigeria’s leading fintech company, Mathesis Analytics, has secured a strategic investment from First Ally Capital, a move set to accelerate…
Stock Buy Recommendations: Zenith, UBA and Access top Brokers’ list
Nigeria’s stock market is showing strong signs of recovery after a sharp sell-off in June 2026 wiped out more than…
Dangote Chooses Kenya’s Lamu for $17 Billion Mega Refinery as Engineering Work Begins
Aliko Dangote, Africa’s richest businessman, has officially chosen Lamu Island on Kenya’s coast as the location for a massive $17…