Ghana President Nana Akufo-Addo has officially launched Tullow Oil’s (LON:TLW) Jubilee South East project. The company announced the start of production from the Jubilee extension in mid-July. Within three days, the addition of the two extra wells had propelled Jubilee over the 100,000 barrel per day mark. Akufo-Addo paid tribute on September 8 to the … Read More “Ghana president commissions Tullow’s Jubilee extension” »
by Fintechnews Africa 11 September 2023 LeaseSurance, a South African Insuretech platform underwritten by Bryte, has successfully raised R3million in a seed financing round led by Fedgroup Private Capital. The funding will be instrumental in advancing LeaseSurance’s mission of enhancing the real estate ecosystem through its innovative lease insurance offering by expanding its team, and … Read More “South African Insurtech Startup LeaseSurance Raised $3M Seed” »
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 “Tana Africa exits International Education Group stake in trade sale” »
Afriwara Group produces a range of sweets, chewing gums and biscuits. The story of how Julien Achcar built Afriwara, a confectionery and biscuit enterprise in West Africa. Julien Achcar was raised in Mali, where his father and uncles were notable businessmen. They managed an array of enterprises, including a confectionery producing candies, a pasta factory, … Read More “A candy and biscuit empire in Ghana, Côte d’Ivoire, and beyond” »
Uncle Sam is not the only one telling investors to buy U.S. bonds. Financial advisors are too. PGIM Investments’ quarterly survey of advisors — conducted just before the banking turmoil in March and again in May — shows that financial advisors ranked Treasuries, municipal bonds and investment-grade corporate bonds as the most attractive fixed-income sectors … Read More “Advisors fear slow growth, see value in high-quality bonds, PGIM study says” »
Itel has officially launched its first-ever color-changing smartphone S23 Introducing S23 The iTel Way Itel has officially launched its first-ever color-changing smartphone S23, which combines premium design with reliable features, offering users with large memory capacity and a smooth user experience. iTel S23 4G offers a range of impressive features at an affordable price. With … Read More “Introducing First-ever Color-Changing Smartphone S23, The iTel Way” »
Shares in Asia echoed US declines and a rally in the dollar stalled as the greenback weakened against most major currencies. Treasury yields also fell. Stocks across the region slipped while trading in Hong Kong was scrapped due to weather. Japanese equities fell for a second day after its economy expanded at a slower pace … Read More “Asian equities edge lower as dollar, yuan weaken: Markets wrap” »
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 “IFC mulls investment in A.P. Moller’s latest billion dollar infra fund” »
Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. Kenya’s president has called for a global debt relief deal to help indebted African nations fight the damaging effects of climate change, insisting the two issues are indelibly linked. William Ruto said most … Read More “Kenya’s president William Ruto calls for African debt relief to fight climate change” »
“To build a big business in Africa, you have to do two things; you either have to be pan-African or you have to go global…” – Fred Swaniker, ABH Judge. Since the inception of the Africa’s Business Heroes (ABH) competition in 2019, the Jack Ma Foundation has achieved significant success in discovering, funding, and supporting … Read More “#It’sOurTime: Fred Swaniker discusses entrepreneurship and the selection of ABH finalists” »
