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 [...]
Jambojet Announces New DRC Route Next Month
Kenyan low-cost carrier, Jambojet has announced plans to commence flights between Nairobi and the Democratic Republic of Congo(DRC) city of Goma from next month. The airline says it will first [...]Unga Group to Partner with Dutch Animal Feeds Company
Unga Group, a leading animal feeds manufacturer in East Africa, plans to enter into joint venture agreements with the Dutch-based Nutreco, one of the world's biggest animal nutrition and aquafeed [...]Impact Investors Put $2.3 Trillion in Social Environmental Projects in 2020
Impact investing continued to attract investors in 2020 as more people increased their awareness of climate change and socialchallenges affecting people around the world. The Global Impact Investing Network describes [...]Shelter Afrique Receives an Additional $3.5 Million Investment from Cameroon
Shelter Afrique has received an additional capital contribution amounting to $3.5 million from the Government of Cameroon, raising the country's shareholding from 3.61% to 5.24%. Earlier in July this year, [...]IMF Approves $700 Million Loan for Cameroon
The International Monetary Fund (IMF) has approved a $700 million loan for Cameroon, to help the country recover from effects of the global COVID-19 pandemic and pursue reforms. The lender's [...]Ethiopia to Reopen Bidding for Second Telecom Licence in August 2021, Including Mobile Money Rights
Ethiopia will reopen bidding for its second telecom licence later in August 2021, which will extend to the right to operate mobile money services in the country earlier not available [...]African Securities Exchanges Procure Software to engage in Cross-Border Trading
African Securities Exchanges that include some of the most vibrant and biggest bourses in the continent have moved a step closer to doing linking up their trading floors to enable [...]Airtel Africa Q1 Net Earnings Up 148.7% to US$ 142 Million
Airtel Africa, a telecommunications and mobile money provider in 14 countries in East Africa and Central and West Africa, Net Earnings more than doubled to US$142Million, up 148.7%, for the [...]IBM picks Saad Toma as General Manager for the Middle East, Africa
International Business Machines(IBM), a US multinational technology company headquartered in Armonk, New York, with operations in over 170 countries, has named Saad Toma as its new General Manager for the [...]
