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British International Investment Shifts Toward Investment-Led Development in Africa
British International Investment (BII) has announced a new five-year strategy to deploy £9 billion into African economies between 2026 and 2031. Of this amount, BII will commit close to…
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Africa Finance Corporation Positions Nairobi Hub to Mobilise Capital for High-Impact Infrastructure Projects
Africa Finance Corporation (AFC) has signed a Host Country Agreement with the Government of Kenya, officially establishing its first regional office in Nairobi. The agreement was signed during the…
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New Integration Enables Two-Way Payments Between Absa Bank and Airtel Money
Absa Bank has announced the expansion of its strategic partnership with Airtel Money, aimed at increasing payment options and improving access to digital financial services for customers and merchants…
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Bet-WiFi Marks Next Phase of Safaricom Ethiopia’s Connectivity Strategy
Safaricom Ethiopia Telecommunications PLC has officially relaunched its Fibre-to-the-Home (FTTH) service under the new brand name Bet-WiFi. The updated offering features enhanced system capabilities and greater affordability, aimed at…
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Global Investors to Convene in Nairobi for African Private Capital Association 2026 Summit
The African Private Capital Association (AVCA) will host its 22nd Annual Conference & VC Summit in Nairobi, Kenya, from 27 to 30 April 2026 (with some sessions extending to…
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Cairo Emerges as Key Tech Hub as Nokia Sets Up Operations Centre
Nokia has selected Egypt as its strategic support hub for the Middle East and Africa, establishing a centralised operational centre in Cairo. The new facility, officially launched in April…
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VASP Positions Kenya as Emerging Hub for Regulated Digital Assets
The Virtual Asset Service Providers Regulations, 2026, have taken a significant step toward formalising Kenya’s digital asset ecosystem by launching a comprehensive self-regulatory framework and code of conduct for…
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Capitec Delivers Strong FY2026 Results with Profit Up 23%
Capitec Bank has delivered a strong set of full-year results, reporting a 23% increase in headline earnings to R16.8 billion for the financial year ended February 2026. This performance…
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Norfund Announces Leadership Transition with Erik Sandersen Appointment
Norfund, the Norwegian Investment Fund for developing countries, has officially named Erik Sandersen as its new Chief Executive Officer. The transition is set to take effect on July 1,…
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Liquid Intelligent Technologies Strengthens Capital Structure with Multi-Tranche Financing
In a strong signal of renewed investor confidence in African digital infrastructure, Liquid Intelligent Technologies has successfully executed a multi-tranche financing and refinancing package worth approximately $660 million, marking…
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