The Minister of Finance and Development Planning, Augustine Kpehe Ngafuan, has challenged the World Bank Group to move beyond mobilizing larger volumes of private investment and take concrete measures to reduce the high cost of capital facing African economies, arguing that expensive financing is constraining the continent’s ability to build infrastructure, expand businesses and accelerate…
Saudi Arabia plans to move ahead with a major investment conference in Riyadh despite Houthi attacks on the kingdom, offering on-site and virtual attendance as well as alternative air and land travel routes, diplomatic sources told AFP. Riyadh usually hosts a packed calendar of events, but it has recently seen escalating military tensions with the…
In a RootsToFoods Capital Series interview, Wasim Tahir, Senior Advisor at ODI Global and former director at British International Investment, explains how development finance actually moves private capital into emerging markets, and why the lasting answer lies in deep domestic capital markets and national development banks. Ovidiu Bujorean, chief executive officer of OviBees Ventures, spoke…
Lighthouse Capital, an operator-led private equity firm, is actively raising a US$50 million private equity fund. This new fund is specifically designed to target high-growth mid-market businesses across South Africa and Kenya. The firm aims to combine long-term investment capital with hands-on operational expertise, focusing on sectors vital to the region’s economic development. The fund…
German chancellor visits Kyiv amid air raid sirens, pledging strong support as Russian strikes disrupt the capital. Published On 4 Oct 20264 Oct 2026 Russia has struck a key bridge in Kyiv just as German Chancellor Friedrich Merz arrived in the Ukrainian capital to meet President Volodymyr Zelenskyy. The unannounced visit, marked by the sound…
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to significantly expand access to affordable long-term capital to finance infrastructure and development projects across Africa, saying the continent’s growth ambitions remain constrained by the high cost of financing. Oyedele made the call while addressing the United…
In a RootsToFoods Capital Series interview opening Wave 2 of the series, Randall Kempner — Executive Director of the Climate Philanthropy Catalyst Coalition and founding executive director of the Aspen Network for Development Entrepreneurs — argues that philanthropy is a distinct category of capital built to move first, with its highest-leverage ground overlapping the Amazon…
Luanda — Angola’s ambassador to Egypt, Maquento Sebastião Lopes, joined a group of African diplomats last week on a visit to projects under development in Egypt’s New Administrative Capital, which is intended to host diplomatic missions, international organisations and residences for diplomats. According to a press release from the Embassy of Angola in Egypt sent…
Africa’s industrial moment is not waiting for more money. It is waiting for the right kind — structured correctly, sequenced intelligently, and aimed at the right stage of a project’s life. Afreximbank’s Oluranti Doherty on why the continent’s financing problem is really a coordination problem. Why this series exists Our new editorial initiative seeks to…
Nairobi — The United Nations Industrial Development Organization (UNIDO) and Kenya Climate Ventures (KCV) have launched a partnership aimed at unlocking more domestic and international capital for climate adaptation and resilience businesses across Sub-Saharan Africa. The two institutions signed a Joint Declaration at the Adaptation Investment Summit for Africa 2026 in Nairobi, creating a framework…
