Kampala, Uganda — African electric mobility company Spiro has secured a landmark $215 million equity investment to accelerate the expansion of its electric vehicle (EV) and battery-swapping infrastructure across the continent, positioning the company among Africa’s leading clean energy and transport platforms. The funding round attracted support from major institutional investors, including Impact Fund Denmark…
Monaco — AFRICA must accelerate investment in its blue economy and place coastal communities at the heart of ocean conservation if it is to unlock billions of dollars in economic opportunities and millions of jobs, conservation leaders have said. Speaking at the Monaco Blue Initiative and the Blue Economy and Finance Forum in Monte Carlo,…
Accra — The Government of Ghana, with support from the World Bank Group and development partners, today launched its AgriConnect Compact, a national framework to strengthen food security, create jobs, reduce food imports, and mobilize investment across priority agricultural value chains. The Compact sets out a coordinated agenda for public and private action to raise…
Peacekeepers are serving in a dangerous era of mounting global tensions and tight resources. UN chief António Guterres is now calling for greater political backing and reliable financial support for ‘blue helmets’ who put themselves in harm’s way. More than 50,000 civilian, military and police personnel currently serve under the UN flag across 11 missions,…
President Museveni has hosted former South African President Jacob Zuma at State Lodge Nakasero, where the two leaders held discussions aimed at strengthening business and investment cooperation between Uganda and South Africa. The meeting brought together government officials and investors to explore opportunities for collaboration in strategic sectors of Uganda’s economy, including energy generation, power…
Nairobi — President Joseph Nyuma Boakai has intensified Liberia’s diplomatic engagement at the ongoing Africa Forward Summit 2026 in Nairobi, holding a series of high-level bilateral meetings centered on regional peace, border security, economic cooperation, and Africa’s development agenda. The summit, hosted by the Government of Kenya in partnership with the Government of France, has…
Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to fight off an aggressive competitive offensive in its single most important operating market. In a letter…
Nairobi — Investment in Africa’s digital economy has been identified as a critical driver in unlocking cross-border trade and accelerating innovation across the continent. Speaking during a side event at the ongoing Africa Forward Summit in Nairobi, ICT Cabinet Secretary William Kabogo said Africa possesses immense potential to develop digital solutions capable of addressing challenges…
Basic Education Minister, Siviwe Gwarube, has called for urgent and sustained investment in Early Childhood Care and Education (ECCE) as a critical foundation for improving learning outcomes, advancing gender equality, and driving long-term economic growth across Africa. Speaking at the Southern and East Africa Regional Childcare Conference on Monday, which she co-hosted with the World…
Dar es Salaam — IN a world where political shocks often unsettle markets and deter investment, Tanzania offers a compelling story of resilience and recovery. East Africa’s most peaceful nation extends a confident invitation to the international community, anchored in the strength of its economy, the richness of its natural assets and the breadth of…
