Highlands Investments Records Largest Cannabis Export: 8.5 Tons to Europe
Highlands Investments, an operator of one of the largest outdoor cannabis grow facilities in Africa, is set to export 8.5 tonnes of its Highlands Pure THC and CBD flower and [...]
PureSoftware Opens its First African Office in Nairobi
PureSoftware, one of the fastest-growing software companies founded by Reed Hastings, the Chairman and Co-CEO of Netflix, has opened its first African office in Nairobi Kenya. The company which is [...]
Shelter Afrique Admits FSA as its 47th Shareholder
Shelter Afrique, with its headquarters in Nairobi, has got Niamey-based Fonds de Solidarite Africain (FSA) to become the 47th Shareholder of paying a US$ 2 Million capital subscription fee. FSA [...]
Ghanaians to Access World-class Medical Services After IFC's $3 Million Investment
The International Finance Corporation (IFC) has partnered with Bergman, Ross and Partners Incorporated (BRP) to provide medical diagnostic services to thousands of Ghanaians. According to information on the IFC website, [...]MTN Quits Race for Ethiopian Telecom License
MTN Group, one of Africa's largest telecommunications company says it has dropped out of the race for a telecom license in Ethiopia. Earlier this year, the company offered $600 million [...]MTN Group Posts $5.55 Billion Service Revenue in H1 2021
MTN Group has posted a $5.55 billion service revenue in H1 2021, representing a 2.1% growth, attributed to the strong growth of 25.5% in Ghana, 23.8% in Nigeria and9.3%in South [...]Uncap Fintech Launches Funding for Early-Stage Founders
Uncap, a fintech that uses a digital solution to make funding accessible to every good entrepreneur across Sub-Saharan Africa has launched an innovative financing and growth platform to give early-stage [...]IFC, Moove, Partner to Ease Movement in Nigeria's Largest City Lagos
Nigeria's largest city, Lagos, is widely known for its heavy traffic. Moove, an African fintech company that provides vehicle financing to customers and the International Finance Corporation (IFC) have partnered [...]MTN Group Nears Lease Sale of South African Towers
MTN Group is nearing completion of the sale and leaseback of South African towers, with separation of the fintech and fibre units also underway. The company says the tower deal [...]Shelter Afrique to Seek US$ 1.25 Billion Through Bond Issuance
Shelter Afrique plans to return to the market to raise US $1.25 Billion in local-currency bonds by the end of 2021. This happens as the Nairobi-based Pan-African Mortgage Financier emerges [...]AU Starts Roll Out 400 Million Vaccine Doses to Member States
The African Union (AU) has rolled out monthly shipments of vaccines acquired via the African Vaccine Acquisition Trust (AVAT) to its member states. In March this year, the AU had [...]Vodacom Tanzania Managing Director Resigns
Hisham Hendi, the managing director of the telecommunications giant Vodacom Tanzania has stepped down as the MD after three years of service, to take up a new role as the [...]
