Archive for category: News

Tullow in search for partners for Turkana oil production

British exploration firm Tullow Oil has stepped up a search for a strategic partner to hel...

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British banks exit Africa

Britain’s top banks are pulling out of Africa and casting doubt on the economic grow...

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Côte d’Ivoire: France converts debt into development financing

Côte d’Ivoire has signed a new debt reduction and development contract (C2D) with Fr...

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Egypt: World Bank grants $360 million for post-Covid recovery

The World Bank recently announced that it has approved a Development Financing Policy (DFP...

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Nigeria: Tech automotive startup Autochek raises $13 million African expansion fund

Nigerian automotive technology startup Autochek has raised $13.1 million in seed funding t...

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DR Congo reaches staff-level deal with IMF on first ECF review

The Democratic Republic of Congo and the International Monetary Fund have reached an agree...

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Tanzania: Government invests $73.7 million to expand the national fiber grid

Tanzania has unveiled a plan to expand its national fiber grid. TSh170 billion ($73.7 mill...

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Nigeria: MTN plans to raise $219.4 million to upgrade network

Mobile operator, MTN Nigeria is preparing a second fixed-rate bond issue. The company, whi...

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The UK commits to its part in boosting trade with Africa

In a show of commitment to trade facilitation between the UK and Africa, the UK Government...

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Rwanda, France optimistic over business ties

Business actors in Rwanda and France are optimistic about leveraging the new chapter of bi...

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