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…
South Africa is positioning itself as the continent’s digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa’s growth story. Speaking at the AFSIC – SA Investment Summit held in London on Wednesday, Deputy Minister in the Presidency Kenny Morolong said South Africa is “forging ahead, breaking…
Vice-President Kashim Shettima has disclosed that Nigeria’s energy transition journey under the administration of President Bola Tinubu is unlocking an investment opportunity of over $410 billion between now and 2060 to position the nation as the heartbeat of Africa’s renewable energy revolution. According to him, over $23 billion will be needed to expand energy access…
TLDR The International Finance Corporation (IFC) has announced a proposed equity investment of up to $6 million in Catalyst Fund The fund focuses on three verticals: fintech for climate resilience, sustainable livelihoods, and climate-smart essential services such as water, energy, and agriculture The IFC’s participation would strengthen the fund’s capital base while signaling confidence in…
President Cyril Ramaphosa and European Commission president Ursula von der Leyen meet in Brussels, Belgium, on 9 October. Yves Herman/Reuters The EU has pledged to invest €11.5-billion (R230-billion) in South Africa in clean energy, infrastructure and pharmaceutical projects, it said late on Thursday. A large chunk of the investment aims to accelerate South Africa’s shift…
Starlink, the satellite internet division of SpaceX, has affirmed its commitment to launching in South Africa, announcing plans to spend R2.5 billion on local infrastructure and pledging compliance with Black Economic Empowerment (BEE) legislation. Read: Sony ULT Field 5 Review: ULTimately Based Ryan Goodnight, Senior Director of Market Access at SpaceX, delivered the update at…
Africa’s rising food import bill, now estimated at around $70 billion annually, is unsustainable and signals an urgent need to invest in local agriculture, smallholder farmers, and climate-smart food systems, regional leaders and agricultural stakeholders have warned. They were speaking on September 30, at the Eastern Africa Farmers Federation (EAFF) Congress being held in Kigali,…
