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Finance

Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here)   Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Specialist healthcare firm in Morocco lands investment from IFU” »

Economics

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. For years, many African countries have struggled to position themselves in relation to the climate debate raging in the global north. The continent of 54 countries, which has emitted less than 3 per cent of … Read More “African nations unite on Nairobi Declaration” »

Business

Africa’s healthcare system trails other regions significantly. The continent, which constitutes almost 18% of the world’s population, contributes a mere 2% to global health expenditure. The continent also grapples with a scarcity of medical professionals, having just 2.9 doctors per 10,000 people. This shortfall is partly attributed to a ‘brain drain’ of medical talent. For … Read More “Investor sees opportunity in Africa’s healthcare deficit, from Nigeria to Egypt” »

Finance

The dollar extended its losing streak and Treasuries steadied after a rally on further bets the Federal Reserve is almost done with its rate-hiking cycle. The greenback fell for a fourth day and is headed for its worst month since last November as traders turned more optimistic about the likelihood of Fed rate cuts. The … Read More “Dollar set for worst month in a year, yields hold: Markets wrap” »

Business

KCB Group’s Net Profit Increases to KShs. 30.7 Billion KCB Group’s Net Profit Increases to KShs. 30.7 Billion as Total Assets Cross KShs. 2 Trillion Mark KCB Group PLC posted KShs. 30.7 billion in net profit for the nine months ending 30th September 2023, as its assets grew to KShs. 2.1 trillion. Profitability increased from … Read More “KCB Group’s Net Profit Increases to KShs. 30.7 Billion” »

Finance

Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here)   Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “TLG Capital leads debt/equity deal for trade finance startup” »

Business

Honoris United Universities, the first and largest pan- African network of private higher education institutions, is pleased to announce the latest addition to its group: The Animation School in South Africa. Renowned as one of the global leaders in animation training, The Animation School will join Honoris to cultivate the creative trailblazers of tomorrow in … Read More “The Animation School chooses Honoris United Universities for its pan-African expansion” »

Economics

European business schools are looking south to Africa. The continent is teeming with entrepreneurial talent, with a youthful population, rapidly urbanising economies and abundant natural resources. But many African entrepreneurs face obstacles that can hold them back, such as limited access to education, financing and mentorship. Schools based in Europe are stepping up to help … Read More “Europe’s business schools target Africa’s entrepreneurs” »

Business

The BRICS economic alliance has seen its plans to ditch the US dollar take a massive step forward. Indeed, reports have signaled that the bloc is set to make massive changes to its trade settlements. Specifically, the trio of Russia, China, and India are all set to settle trade without the greenback. Long has the … Read More “BRICS Plan to Ditch US Dollar Takes Step Forward” »

Business

Nov 23, 2023 Source: Eni Eni will invest $10 billion in the development of the Baleine field offshore Ivory Coast, which will take place in three phases from 2023 to 2027, Energy Minister Mamadou Sangafowa Coulibaly said on Thursday. The Baleine field, where certified reserves are estimated at 2.5 billion barrels of … Read More “Eni to Invest $10 Billion in Ivory Coast Baleine Field” »