Port-Louis, Mauritius — The Mauritius Commercial Bank Limited (MCB) has issued a structured financing package to Invictus Investment Company PLC to support the firm’s expansion across Africa and the Middle East. The facility combines acquisition finance with a revolving credit line, providing Invictus with additional working capital as it scales its agro-food operations. The arrangement…
Kigali, Rwanda 12 November 2025: The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), is pleased to announce a US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP). This investment underscores Afreximbank’s commitment to supporting Africa’s mining sector and ensuring the…
The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), is pleased to announce a US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP). This investment underscores Afreximbank’s commitment to supporting Africa’s mining sector and ensuring the continent’s vast mineral wealth becomes…
Bending Spoons, one of Europe’s leading technology companies, today announced it has raised $710 million in equity at a pre-money valuation of $11 billion. The round was led by accounts advised by T. Rowe Price Investment Management, Inc., with participation from Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset…
Kampala — Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury, has outlined key Ugandan investment pillars and explained why Uganda offers one of the highest returns on investment on the continent. “Our economy is among the fastest-growing in Africa, with stable inflation, a resilient currency, and a young, skilled population. Uganda offers one of…
Dar es Salaam — TANZANIA has overtaken Kenya as East Africa’s most attractive investment destination, climbing three spots to ninth in Africa, according to Rand Merchant Bank’s “Where to Invest in Africa 2025/2026” report. The leap, up from 12th position last year, reflects institutional investor preference for macroeconomic stability and large-scale, de-risked capital projects like…
Nigeria will host the World Investment Summit (WIS) from April 27 to 30, 2026. The event will take place in Abuja and bring together heads of state, ministers, global investors, and business leaders. Over 80 presidents and prime ministers, 96 ministers, 800 speakers, and 8,000 delegates will attend. The summit carries a clear theme: Unlocking…
Bitcoin is attracting investor interest, even as it comes off a record high. VALR, a Johannesburg-based crypto-currency exchange, has been approved for two additional financial licences, in what is seen as a positive development in South Africa’s regulatory framework for digital assets. The approvals enable VALR to offer a mix of investments that extends beyond…
Washington — The Congo Basin, home to the world’s second-largest tropical rainforest, holds immense value for not only the six countries it spans, but for the planet. A new World Bank report reveals the region’s forests are not only essential for climate stability and biodiversity, but also a foundation for economic resilience. The value of…
President Museveni has called on European countries to take advantage of their proximity to Africa and increase investments on the continent for mutual economic growth and prosperity. Speaking during a meeting with a high-level Austrian delegation on the sidelines of the 19th Ministerial Meeting of the Coordinating Bureau of the Non-Aligned Movement (NAM) at Speke…
