Luanda — The President of the Republic of Angola and African Union Chair, João Lourenço, on Saturday called on the Member States to invest in education capable of preparing children to develop relevant skills, access decent jobs and assume a prominent role in the development of the continent. The Head of State launched the challenge…
The organisation said the continent must urgently protect hard-won gains against HIV amid a rapidly changing global funding landscape that threatens to slow progress. The World Health Organisation (WHO) has called on African governments to increase domestic investment and strengthen health systems as countries mark the 2025 World AIDS Day. The global health agency said…
SwiftVEE co-founder and COO Christine van Breda and SwiftVEE co-founder and CEO Russel Luck. Online livestock trading platform SwiftVEE is planning to expand after concluding a Series A funding round from several funders. According to a statement, the new funding has helped the platform raise about R173 million in equity and funding instruments. Backers include…
The minister of finance and coordinating minister of the economy, Wale Edun, has called for deeper intra-African investment and trade as a strategic response to the sharp decline in global development aid to the continent. Mr. Edun made the call on Thursday at the 5th B2B Agribusiness Matchmaking Event in Abuja with the theme “Catalysing…
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…
