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December 16, 2025
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Africa business news

At the IPAs Africa Forum, EJB introduces the African Junior Business Initiative.

July 23, 2021

The Egyptian Junior Business Association (EJB) announced its African Junior Business Initiative during the African Investment Promotion Agencies (IPAs) Forum. The statement was made by EJB Chairman Gamal Abou Ali, …

At the IPAs Africa Forum, EJB introduces the African Junior Business Initiative. Read More

Africa is seeing unprecedented amounts of venture capital investment.

July 13, 2021

The African Private Equity and Venture Capital Association (AVCA), a pan-African trade association that promotes and facilitates private investment in Africa, has released its second Venture Capital in Africa. Africa’s …

Africa is seeing unprecedented amounts of venture capital investment. Read More

African startups raises more than $1 billion In the first half of 2021

July 13, 2021

African companies raised $1.19 billion in the first half of 2021, according to BFA Global’s Senior Venture Builder. This is more than double the amount raised by African companies in …

African startups raises more than $1 billion In the first half of 2021 Read More

Burundi: Bujumbura Approves the Construction of 2 Hydroelectric Power Stations

April 28, 2021

At a recent Council of Ministers meeting, the Burundian government approved the project to build 2 hydroelectric power stations on the Ruvyironza and Mulembwe rivers. These facilities, which will insert …

Burundi: Bujumbura Approves the Construction of 2 Hydroelectric Power Stations Read More

Mastercard to invest $100m in Airtel Africa’s mobile money

April 26, 2021

The announcement of a $100 million investment by multinational payments giant Mastercard in Airtel Africa’s mobile money business arm reflects the steady growth and excitement in Africa’s digital payment market. …

Mastercard to invest $100m in Airtel Africa’s mobile money Read More

Ethiopia receives $200m loan from World Bank for digital transformation

March 8, 2021

With a $200 million investment, the World Bank has announced new funding for Ethiopia’s digital transformation. The organization is currently working on a new initiative named Digital Ethiopia Foundations, in …

Ethiopia receives $200m loan from World Bank for digital transformation Read More

Kenya grants British goods 25-year free entry in trade agreement

March 8, 2021March 8, 2021

Under a trade agreement signed by the two nations, British firms will be able to export goods to Kenya tax-free for a duration of 25 years. However, the post-Brexit trade …

Kenya grants British goods 25-year free entry in trade agreement Read More

Tanzania, South Korea sign a US$300M concessional loan agreement

January 11, 2021

A USD 300 million concessional loan agreement was signed by Tanzania and South Korea to fund development projects. The agreement was signed by Doto James, the Permanent Secretary of the …

Tanzania, South Korea sign a US$300M concessional loan agreement Read More

Iran’s African Trade Tops $200m

November 23, 2020

959,848 tonnes of commodities worth more than $180 million were exported to 27 African countries during the time, according to the spokesperson of the Islamic Republic of Iran Customs Administration. …

Iran’s African Trade Tops $200m Read More

Kenya and UK sign a trade agreement

November 20, 2020

As talks on a trade agreement with Kenya are concluded, the UK has moved a step closer to signing a sixth trade deal in Africa. The agreement will ensure that …

Kenya and UK sign a trade agreement Read More

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