The African Development Bank (AfDB) has garnered $32.8 billion in investment commitments for projects in Africa, according to the bank’s president, who spoke to investors
Category: Africa
Moove Africa, a startup vehicle financing firm, to expand with $105 million funding.
After obtaining $105 million in its latest round of funding, African company Moove Africa, which provides revenue-based car finance, will expand to seven additional emerging
Standard Bank of South Africa is in talks with China’s ICBC to exit its joint venture.
Standard Bank of South Africa is attempting to persuade the Industrial and Commercial Bank of China to buy a 40% stake in its London-based joint
In Nigeria’s Kebbi state, gunmen have killed over 62 vigilantes.
In the biggest violence to rock Nigeria’s northwestern Kebbi state since mid-January, gunmen ambushed and killed at least 62 members of a volunteer vigilante organization,
Congo reclaims Israeli billionaire’s mining and oil assets.
The government announced on Friday that a corporation controlled by Israeli billionaire Dan Gertler will return control of major mining and oil assets to the
Off the coast of Namibia, TotalEnergies makes a significant oil discovery.
TotalEnergies announced on Thursday that it had found a large discovery of light oil and associated gas off the coast of Namibia. The significant discovery
Nigeria has filed a $1.7 billion lawsuit against JP Morgan over an oil deal.
On Wednesday, a London court will begin hearing a case filed by Nigeria against JP Morgan Chase, alleging more than $1.7 billion in damages for
In the midst of unrest, the United States begins counter-terrorism training in Africa.
The annual counter-terrorism training program for African soldiers began in Ivory Coast on Sunday, at a time when Islamist fighters dominate significant territories, coups are
Germany will transmit hydrogen technology to Africa, according to a government official.
A German government official said on Wednesday that the German government plans to transfer hydrogen manufacturing technology to African countries as part of its efforts
Flutterwave, a fintech firm, raises $250 million at a valuation of over $3 billion.
Flutterwave, an Africa-focused fintech firm, announced on Wednesday that it has raised $250 million in its single-largest investment round to date, valuing the company at
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