InfraCredit secures $30 million to fund renewable energy projects in Nigeria
The funding will enable InfraCredit to expand renewable energy infrastructure, strengthening energy access in underserved communities.
AXIAN Energy expands solar power network in Senegal with $89-million deal
The financing will support the construction of the region's largest battery storage system alongside a photovoltaic array.
Masiyiwa’s Liquid extends partnership with Western Cape Government in $111-million deal
Liquid aims to improve internet access, supporting mobile learning, job creation, and entrepreneurship.
Margins Developments launches $304-million residential resort in Cairo
The 35-feddan project marks the developer’s entry into luxury residential and hospitality.
Sam Darwish’s stake in IHS Holding dips below $40 million
Over the past three weeks, the value of his holdings has dropped by $3.1 million, tracking a 7.8 percent fall in IHS shares.
Co-op Bank signs $3.8-million deal for water, sanitation projects in Kenya
Co-op Bank secures $3.8 million partnership aimed at improving clean water and sanitation access across the country.
TMG reports $9.4 billion in sales, fueled by booming demand for luxury real estate
TMG Holding's SouthMED and Benan projects fuel $9.4 billion in sales, showcasing the strong demand for luxury coastal living in Egypt and Saudi Arabia.
Pick 'n Pay plans to open 100 new stores by 2026 as part of expansion strategy
The retailer, partly owned by the South African billionaire Ackerman family, is positioning itself for a recovery following previous financial setbacks.
Startupbootcamp, Ashish Thakkar launch $250-million fund for African startups
The fund targets key African tech hubs, including South Africa, Nigeria, Kenya, Ivory Coast, and Egypt.
Funke Opeke exits MainOne after $320-million deal as Equinix focuses on growth
Funke Opeke steps down after 14 years as MainOne's CEO following a milestone $320 million acquisition by Equinix.
Anglo American divests $1.1-billion acquisition of coal mine interests in Australia
Zashvin is strengthening its position in Queensland’s coal sector by acquiring Anglo American’s minority stake in the Jellinbah East and Lake Vermont steelmaking coal mines.
Kredit secures $18 million to boost financing for SMEs in Egypt
This funding is set to enhance Kredit's role within Egypt's expanding small and medium enterprise (SME) ecosystem.
CI Capital completes $80 million bond issuance, setting record in Egypt’s non-banking sector
The six-tranche bond issuance is underpinned by assets from Tasaheel, which served as the originator of the portfolio.
Transaction Capital sells non-core assets in $28.8-million deal
The divestiture, finalized on Nov. 1, is part of Transaction Capital's strategy to streamline operations and focus on core business areas.
Dangote Oil Refinery denies payments to IPMAN amid ongoing negotiations
The refinery specified that any referenced payments were processed through the Nigerian National Petroleum Company (NNPC) Limited, not directly to them.
Access Bank expands to Hong Kong to boost Asia trade operations
The move into Hong Kong comes against the backdrop of escalating U.S.-China tensions and Beijing’s deepening ties with Africa.