Tag: Featured

Moroccan proptech Agenz raises $5 million to scale AI property tech

Agenz raises $5 million led by Breega and other investors to scale AI-powered property data and expand Morocco real estate platform.

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Kenyan tycoon David Langat’s SEZ industrial park reveals tax advantages

Kenyan tycoon David Langat’s industrial park highlights SEZ tax incentives amid slow progress and fiscal policy debate in Kenya review continues.

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Inside TLG Capital’s 2026 investment plan for Africa’s SME market

TLG Capital targets a $200 million raise in 2026 to expand private credit for African SMEs as investor demand rises across the continent wide.

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Uganda Airlines bets nearly $1 billion on 10 Boeing jets to expand global reach

Uganda Airlines signs a nearly $1 billion Boeing deal for 10 jets to expand its global reach and challenge regional rivals.

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Kenyan banker Nancy Njau takes Family Bank to Nairobi bourse with $1.8 billiin assets

Nancy Njau leads Family Bank to a Nairobi bourse listing with $1.8 billion in assets and surging profits following years of strategic capital growth.

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Egypt buys record amount of wheat from farmers after reforms

Egypt bought a record 4.6 million tons of local wheat after policy reforms raised domestic prices to ease foreign currency shortages.

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Africa’s leading farm Crookes Brothers warns of steep full-year earnings decline after weather-hit first half

Crookes Brothers warns of steep full-year earnings decline after weather-hit first half, citing crop damage, weak prices and volatility outlook

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Adil Popat draws attention after Simba withdrew $5.6 million before Imperial Bank collapse

Simba Corporation withdrew $5.6 million from Imperial Bank days before its 2015 collapse, leaving over 50,000 depositors stranded.

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20 biggest libraries in Africa

Africa’s largest libraries are transforming into digital knowledge hubs driving education, research, and cultural preservation across the continent.

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Ethiopia’s Allied Chemicals to get $17 million from IFC to build fertilizer plant

IFC plans up to $17 million financing for Allied Chemicals to build Ethiopia’s first private fertilizer plant, boosting supply and farm productivity.

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Elon Musk’s SpaceX beats Saudi Aramco in landmark IPO, raising $75 billion

SpaceX raises $75 billion in a record IPO, surpassing Saudi Aramco and valuing Elon Musk’s company at $1.77 trillion.

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Standard Bank eyes lead advisory role in Dangote refinery IPO, expansion plans

Standard Bank plans a lead advisory role in the Dangote refinery initial public offering while signaling support for future expansion across Africa.

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