Weekly Deals Digest; Jan 6 Jan 12
In this issue of theWeekly Deals Digest Series, Mauritius led Africa with the Daystar Power's $38 million Series B round. India outmuscled Brazil in emerging markets, leading the region with [...]
UK – Africa Investment Conference Slated for 20th January 2021
The UK Department for International Trade has organised the Africa Investment Conference, which brings together the UK and African businesses to discuss relevant and emerging themes around doing business in [...]Investment Strategies for Beginners: Picking a Stock
Numerous people invest in stocks as there are multiple alternatives to choose from. When it comes to investing in stocks, expertise is a valuable quality. How could you get such [...]Nairobi Founded Gro Intelligence Raises $85 M in Series B Round
Gro Intelligence announced that it raised $85 million in a Series B funding round led by Intel Capital and Africa Internet Ventures, with participation from family offices of Ronald Lauder [...]Weekly Deals Digest Dec 30 Jan 5
In this issue of theWeekly Deals Digest Series, food companies dominated the African investment scene while enterprise applications ruled the global deals space. Sanergy put Africa on the spotlight with [...]Central Bank floats KSh 50 Billion, 16-year Infrastructure Bond
The Central Bank of Kenya (CBK), the Government's fiscal agent, has invited bids for a KSh 50 Billion 16-year Infrastructure bond whose purpose is to fund infrastructure projects in the [...]
NSE Weekly turnover rises 7% to KSh 1.5 Billion
Nairobi Securities Exchange (NSE) recorded a weekly turnover of KSh 1.5 Billion on a volume of 57.7 Million shares, when trading at the bourse ended this Friday, January 8th, 2021. [...]Top 10 Funding Deals in Africa in 2020
Fintech dominated the top funding deals in the continent, both in the number and magnitude. Briter Intelligence data shows that the sector's funding rounds amounted to approximately $1.33 billion with [...]Weekly Deals Digest Dec 23 Dec 29
In this edition of the weekly deals digest, Kenya's Capsule stood out among African investments with a $5.88 million Series A Funding. Brazil led emerging markets with a $105 million [...]Amana Capital unlocks KSh 122 Million to its investors
Amana Capital, a Nairobi based fund manager, has announced that its investors can now access 41% of their funds-cash that was locked following the Nakumatt commercial paper's collapse. These funds, [...]Kenya's Regulator tightens Surveillance on Rogue Stock Brokerage firms
The Capital Markets Authority (CMA) has moved to tighten its surveillance on what happens in the backroom offices of stock brokerage firms to protect investors from fraud. In the latest [...]Tesla to Make its Debut on the SP 500 Today
Today, Tesla Inc will make its debut on the SP 500 index, headed to be the most valuable company on the benchmark index. The debut follows the stock's peak performance, [...]
