Equinix to Open US$ 22 Million Data Center in Lagos, Nigeria
Global data center and colocation provider Equinix (Nasdaq: EQIX) has announced that it will open its high performance data center in Lagos, Nigeria
Kenya Courts Emirati Investors in Logistics, Green Energy
Kenya is courting investors from Sharjah, the third largest city in the United Arab Emirates (UAE), to take up opportunities in ports, logistics and green industrial projects.
OpenAI Says It Will Not Seek U.S. Government Loan Guarantees for AI Infrastructure Expansion
OpenAI has clarified that it will not seek U.S. government loan guarantees to support a major infrastructure expansion, including data centers and AI chip investments.Faida Keeps Co-op and KCB on Buy, Holds Majority of NSE Large Caps at Neutral
Faida Investment Bank has issued its November market outlook, maintaining a restrained stance on the Nairobi Securities Exchange after a strong rebound this year. The firm notes that valuations across many large-cap counters have moved closer to fair value, and it has therefore kept most stocks at Hold. Only two counters are rated Buy: Co-operative Bank and KCB Group.
Kenya Mulls Stricter Local Hiring, Sourcing Rules on Foreign Investors
Without addressing these structural challenges, mandatory quotas and stiff penalties could strain foreign participation and undermine the proposed law’s goals of boosting local industry.Agro-Startup Farm to Feed Kenya Raises US$1.5 Million to Tackle Food Waste, Boost Incomes
Kenya Moves to Securitise Additional KSh 5 per Litre of Fuel Levy
Under the revised structure, the government will redirect funds from existing allocations to create fiscal room for the new KSh 5 per litre securitisation.The UAE to Invest US$6bn in Africa's Tourism Sectors
The United Arab Emirates (UAE) is set to invest over 100 projects worth a total of US$6bn in Africa's travel and hospitality sectorCMA Clears REIT Manager, Wealth Manager, Coffee Broker and Securities Dealer in Market Expansion Move
CMA has approved four new licenses that expand participation and product depth in Kenya’s capital marketsMade in Tatu City- How 100 Businesses, 70% Kenyan, Are Thriving in Africa’s New Urban Hub
Tatu City, a 5,000-acre Special Economic Zone north of Nairobi, has become a key manufacturing and logistics hub in East Africa. Home to over 100 mostly Kenyan-owned firms, it combines reliable infrastructure, SEZ tax incentives, and modern warehousing. Investments such as FullCare’s US$100 million medical apparel plant and Hewatele’s US$20 million expansion highlight growing industrial capacity, while facilities like “The Link” and advanced logistics parks position Tatu City at the centre of Kenya’s new wave of industrial growth.De-risking Africa’s Growth by Building Investor Confidence
Africa’s next growth frontier lies not just in innovation, but in structure, where governance, compliance, and collaboration can de-risk investment and unlock the continent’s true potential.
New Catalytic Fund Targets Africa's Mental Health Financing Gap
The Africa Venture Philanthropy Alliance (AVPA) and its partners have set up a Catalytic Pooled Fund for Mental Health Investment to mobilise private and institutional financing toward one of Africa’s most underfunded health sectors
