Investment in renewable energy sector continues to power forward
Africa’s grid-connected electricity deficit coupled with its wealth of renewable resources, like sunshine, make it an attractive destination for energy investors. Africa Private Equity News, an industry information service, reports ongoing investment and strong deal activity …
MallforAfrica and DHL launch MarketPlaceAfrica.com, a global e-commerce site
MallforAfrica and DHL are giving African merchants a global stage. This week the online retailer and delivery giant launch MarketPlaceAfrica.com: an e-commerce site for select African artisans to sell wares to buyers in any of DHL’s 220 …
New private equity fund commitments to boost growth of African companies
African companies will benefit from several new private equity fund commitments and investment partnerships announced during June 2018, according to Africa Private Equity News, an industry information service. These funds focus on a variety of sectors …
The FT has a great special report on investing in Kenya. Highlights include pieces on devolution, President Uhuru Kenyatta’s “Big Four” legacy projects (including an ambitious plan to build 500,000 new homes), and the promises of the tech sector.
Solar power strategy to fix Togo’s electricity problem might just work
In Togo, the electricity access rate is 28% , far below the West African average of 40%. Both rural and urban households struggle not only with access but with low voltage when it is available. It has to rely …
WhatsApp is getting set to be Africa’s biggest payments and ad platform
The ambitions of WhatsApp have remained something of a mystery, even as its reach as a messaging service and as the social media platform of choice for Africans has grown and grown. It has done so without …
Mozambique’s own version of Boko Haram is tightening its deadly grip
Mozambique’s Cabo Delgado province is being held to ransom by an Islamist guerrilla movement. After months of skirmishes between police and members of the Al Sunnah wa Jama’ah, the region has now erupted into full violence.
Barclays Africa to join the Nigerian Stock Exchange as a broker
Barclays Africa plans to join the Nigerian Stock Exchange as a broker in July and is exploring opportunities in three other African countries, in a move to create access for foreign investors looking to tap …
Ethiopia’s tech startups are confident change is coming
Word that Ethiopia’s prime minister Abiy Ahmed is looking to loosen his country’s tight grip on strategic assets like its fast-growing airline and its long-term telecom monopoly has sparked interest from international investors and regional corporations.
The way history is taught in South Africa is deeply problematic
History may soon be a compulsory school subject until Grade 12 in South Africa. A task team established by the country’s minister of basic education made this bold recommendation in a report released in early …
A Chinese coal plant on a UNESCO-protected island in Kenya
Environmental activists in Kenya are determined to show that coal has no place in the country’s energy future. This week, dozens of activists descended on the capital in what campaigners described as the “first anti-coal demonstration in …