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 “Actis leads buyout of South African tower portfolio from Telkom” »
EABL Commits Kshs 190 Million To Kenya’s Water Conservation Strategy commitment is part of two multi-million-shilling tranches to alleviate Kenya’s water scarcity funding geared to Kenya’s ‘Conservation at Scale’ initiative spearheaded by President Ruto East African Breweries PLC (EABL) has made a KShs 190 million commitment towards the restoration of water towers in Kenya to … Read More “EABL Commits Kshs 190 Million To Kenya’s Water Conservation Strategy” »
Despite the country’s highly publicized dollarization of its economy, and rejection of its BRICS invitation, Argentina citizens may already be ditching the US dollar for Bitcoin. Indeed, a new report from local cryptocurrency exchange Lemon revealed that the savings strategy in the country had preferred the digital asset to the greenback. Bitcoin investments have replaced … Read More “Argentina Ditching US Dollar for Bitcoin” »
Mar 21, 2024 © JT Jeeraphun / Adobe Stock UK oil and gas company Perenco has confirmed five fatalities from the fire incident on its Perenco Becuna platform offshore Gabon, with one person still missing. The incident took place on March 20, 2024 at approximately 15.25 (Gabon time). The early reports informed … Read More “Perenco Confirms Five Dead at Platform Incident Offshore Gabon” »
India’s inequality gap has widened sharply under Prime Minister Narendra Modi’s decade in power, with the richest 1% of the population now owning 40% of the country’s wealth, a new study found. The top 1%, or about 9.2 million people, earn 22.6% of total income — the highest share since data going back to the … Read More “India’s rich own 40% of wealth in extreme inequality under Modi” »
by Fintechnews Africa 21 March 2024 The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of bridging the gap between traditional banking services and the … Read More “Redefining Resilience for Banks in the Digital Era With the Four Zeros” »
Image Credit: Zuri/Sighted Design 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, … Read More “XSML Capital holds healthy first close for latest fund” »
Hendrik Snyman Interview with Hendrik SnymanCHIEF INVESTMENT OFFICER, GAIA FUND MANAGERS Lives in: South Africa Public water supply in South Africa is in a crisis. A recent audit, the Blue Drop Report, by South Africa’s Department of Water and Sanitation highlights significant issues: nearly half (46%) of water supply systems pose serious health risks from … Read More “Investor sees opportunity in South Africa’s troubled water sector” »
NCBA Group And Proparco Join Forces To Facilitate Green Financing And Women Economic Empowerment NCBA Group and Proparco join forces to facilitate green financing and women economic empowerment in Kenya in line with their Sustainability Commitments. NCBA Group, a Leader in the Kenyan financial services sector, has today signed a USD 50million facility with Proparco, a subsidiary … Read More “NCBA Group And Proparco Join Forces To Facilitate Green Financing And Women Economic Empowerment” »
South Africa’s inflation rate climbed to a four-month high, likely cementing the central bank’s resolve to keep borrowing costs on hold when it meets next week. The consumer price index rose to 5.6% in February from a year earlier, compared with 5.3% the prior month, Pretoria-based Statistics South Africa said Wednesday in a statement on … Read More “SA inflation rate at four-month high before rates call” »
