Sanlam and Allianz Merger in Africa Takes Effect
In a move aimed at strengthening their presence on the African continent, Sanlam Limited and Allianz SE have announced the creation of the Sanlam Allianz Africa joint venture after receipt [...]
Climate Summit: Credit Rating Agencies ‘destroying African economies’ Leaders
Credit rating agencies and multilateral lending institutions came under fire over their business practices at the Africa Climate Summit (ACS). Sudanese-British billionaire businessman Mohammed Ibrahim and Kenya President William Ruto [...]Climate Summit: Leaders Call for Valuation of Africa’s Natural Resources
Africa is calling for fair treatment in the face of climate crisis affecting many livelihoods in the continent. On a global scale, the continent’s contribution to greenhouse gas emission is [...]Climate Summit; UAE Commits $4.5 Billion to Power Africa's Clean Energy Revolution
The COP28 Presidency has announced plans by United Arab Emirates (UAE) to inject a staggering $4.5 billion into unlocking Africa's vast clean energy potential. This commitment was unveiled during a [...]
UK Pumps £49 Million in Africa’s Climate Projects, Roots for Change in International Financial System
Africa is set to benefit from new UK-backed projects worth £49 million geared towards mitigating the effects of Climate Change. The funding will help to create jobs, grow economies and [...]Britam Holdings HY 2023 Net Profit up 300% to KSh 1.6 billion
Britam Holdings Plc recorded a rise in half-year net profit to KSh 1.6 billion at the close of the six-month period ended 30th June 2023 from KSh 377.9 million in [...]
Inaugural Africa Climate Summit Ministerial Day; Path to Resilient and Sustainable Future
The inaugural Africa Climate Summit (ACS) commenced with a Ministerial Day, heralding a significant step towards addressing the pressing climate challenges facing Africa and the world. The overarching theme, Driving [...]Pan-African Fund Managers' Association (PAFMA) Launched to Boost Cross-Border Collaboration in African Financial Markets
The Pan-African Fund Managers' Association (PAFMA) has been officially launched today in Nairobi, ushering in a new era of collaboration among fund managers across the continent. The founding members of [...]Esther Dyson; My introduction to Africa and Angel Investing
I’m very much looking forward to visiting East London, South Africa, in late November / early December to meet the amazing collection of start-ups and investors that the team at [...]
Airtel Uganda Targets to Raise $216 Million in IPO
Airtel Uganda Limited has recently announced its intention to conduct an initial public offering (IPO) of 8 billion existing ordinary shares, representing 20% of the company's ownership. The IPO, which [...]Kenya Shilling is 6th Worst Currency Performer in Africa
The Kenya Shilling is ranked the 6th worst-performing African currency this year, slumping by more than 15% against the US Dollar. At the close of forex trading yesterday, the Kenya [...]Kenya to Commence Avocado Exports to India In September
Kenya has received a go ahead to begin exporting avocado fruits to India this September when the first shipment is expected to be dispatched to the Asian Country. With opening [...]
