Nigerian startup Kudi. (Image source: Partech Africa)
Partech Africa Fund has completed eight transactions, six new deals and two follow-on investments in 2019
Partech Africa fund reaching a total of nine portfolio startups
Finance
Driving industrialisation in African, Caribbean and Pacific Countries
At the 9th ACP Business Summit in Kenya, Elumelu presents the keynote speech. (Image source: Tony Elumelu Foundation)
Tony O Elumelu, founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group, urged African, Caribbean and Pacific (ACP) heads of state to improve the business environment in their countries to drive industrialisation and wealth creation in ACP member states
Validating African Continental Free Trade Area (AfCFTA) Business Index
The AfCFTA has the potential to generate a range of benefits through supporting trade creation, structural transformation, productive employment and poverty reduction. (Image source: Rohan_Reddy/Pixabay)
Over the course of two days, Pan-African Trade experts will meet to validate the methodology to produce the African Continental Free Trade Area (AfCFTA) Country Business Index at the United Nations Conference Centre in Addis Ababa
ABSA appoints new chief executive to expand African operations
Absa Group moved its banking platform from Barclays Plcs data centre in the UK to South Africa in April 2019.
Absa, the leading pan-African financial services group, has appointed Cheryl Buss as CEO of Absa International which includes managing Absa Securities United Kingdom
ADF-15 replenishment: Donors commit US$7.6bn to support Africa’s low-income countries
The Fund comprises 32 contributing states and benefits 37 countries. (Image source: Nina Stock/Adobe Stock)
Donors of the African Development Fund (ADF) greed to commit US$7.6bn to speed up growth in Africa’s poorest nations and help lift millions out of poverty
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The project carries an estimated total cost of US$12bn. (Image source: The Republic of Ghana Presidency)
The transaction will give TotalEnergies an interest in hydropower projects in Uganda, Rwanda and Malawi
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Agreement supports solar PV, grid upgrades, and commercial energy access in Nigeria
Dragan Krznaric, business director for Middle East and Africa at CASE Construction Equipment at the company's stand at bauma.
Sany keen on Africa (Image source: Sany)
African Development Bank backs €26.5m (appox. US$29mn) Sokodé solar plant to boost Togo’s renewable energy capacity. (Image source: African Development Bank)
Minister Mohamed Ould Khaled announces shift to privatised power generation model at Invest in African Energy Forum. (Image source: Energy Capital & Power)
