Rwandair Resumes Flights to Dubai
Rwanda’s national carrier, RwandAir has announced plans to resumed passenger flights to Dubai in the United Arab Emirates (UAE) with effect from 20th January 2022. This comes after the country [...]
Dynamic duo that did 33 deals announce African tech-focused SPAC for 2022
Investment banker Vishal Agarwal and corporate lawyer Raj Kulasingam, who have been actively investing in African startups since 2017, plan to list a special purpose acquisition company (SPAC) targeting to [...]
Zanifu, a Kenyan Fintech Startup Secures US$1Million Seed Funding
Zanifu, a Kenyan fintech firm has secured US$ 1 Million in seed funding that it intends to stock-finance micro, small and medium sized enterprises in Kenya as it also eyes [...]
Copia Global, a Kenyan E-Commerce Firm Raises $50 Million For Expansion
Copia Global, a Kenyan B2C e-commerce firm serving unbanked Kenyans in rural areas, has raised $50M for expansion in a Series C equity round led by Goodwell Investments. The Kenyan [...]Uganda Airlines Wins Ch-Aviation World's Youngest Aircraft Fleet Award 2022
Uganda's national carrier, Uganda Airlines has won the Ch-Aviation World's Youngest Aircraft Fleet Award 2022 for the second time in a row, with an average aircraft age of 1.95 years. [...]Shelter Afrique Receives $1.7 Million Investment from DRC
The Democratic Republic of Congo (DRC) has cleared its outstanding capital arrears of $1.7 million in Shelter Afrique, raising its stake in the company from 1.68% to 2.46%. DRC now joins [...]Dubai Removes 5 African Countries from Red List
Dubai has removed five African countries from its red list', including Ghana, Angola, Uganda, Guinea and Cote d’Ivoire, leaving out Kenya i Thus, with effect from 13th January 2022, Emirates [...]Angaza Awards 2022 Top Finalist; Venus Hampinda
Finance Director Regional Head, Strategic Tax Solutions, Absa, Zambia Venus Hampinda has steered Absa Bank Zambia PLC as Chief Financial Officer since March 2020. Under her leadership, the business [...]Tanzania Burundi Sign $900 Million SGR Deal
Tanzania and Burundi have signed a deal to build a 282 kilometre Standard Gauge Railway (SGR) from Uvinza in Tanzania's Kigoma region to Gitega in Burundi. 156 km of the SGR [...]Dr Paula Kahumbu joins NatGeo Board of Trustees
Dr Paula Kahumbu, a renowned conservationist has joined the board of trustees of the National Geographic Society. Dr. Kahumbu is a multi-award winning Kenyan wildlife conservationist and CEO of the WildlifeDirect. [...]Tanzania's Debt Hits $36 Billion in 2021
Tanzania’s national debt hit $36.08 billion by the end of November last year, a $5.34 billion year-on-year increase from November 2020. According to the Bank of Tanzania (BoT), external debt [...]Angaza Awards 2022 Top Finalist; Rina Hicks
Rina Hicks directs the Corporate Finance Advisory unit at Faida Investment Bank, and serves as the Operations Director responsible for firm-wide strategic planning and processes in Kenya and Rwanda. She [...]
