Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Cairo — African Export-Import Bank (Afreximbank) welcomes GCR Ratings’ (“GCR”) latest Rating action on the Bank, affirming the Bank’s international scale long and short-term issuer ratings of A and A2 respectively. The outlook was revised to “Stable” from “Rating Watch Evolving”. GCR has also affirmed the international scale long term programme rating on the USD…

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Prosus inks three-year AWS deal to scale AI across its global portfolio

Prosus inks three-year AWS deal to scale AI across its global portfolio

Image for illustration purposes only Naspers subsidiary Prosus has signed a three-year global partnership agreement with Amazon Web Services to scale the use of artificial intelligence across its portfolio companies in Latin America, Europe and India. The agreement will see selected Prosus-backed businesses – including iFood, OLX, PayU, Despegar, eMag and Just Eat Takeaway.com –…

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Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Afrishela Investments Makes First Capital Deployments to Scale Women-Led Healthcare and Logistics Solutions in Africa

Deployments into Welo Health (South Africa) and TrackRight (Kenya) mark a milestone toward Afrishela’s first close and expand access to catalytic, gender- and climate-aligned capital. Johannesburg, South Africa: Afrishela Investments has announced its first capital deployments into Welo Health (South Africa) and TrackRight (Kenya), in December 2025, marking a milestone in its mission to close…

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Gcr Affirms African Export-Import Bank’s International Scale Ratings of a and A2

Africa: Basigo Gets Funding From Proparco to Scale Ev Deployment Across Africa

Kenya’s electric bus company BasiGo has received funding from Proparco, the French development finance institution, to support its expansion in East Africa. The investment follows BasiGo’s $41.5 million Series A round completed last year and comes as the company accelerates deployment of electric buses in Kenya and Rwanda. BasiGo provides electric buses, charging infrastructure and…

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