Tuesday, February 28, 2017

Ghana, Morocco sign 20 MoUs to Strengthen Economic Ties

Ghana and Morocco have signed more than 20 Memoranda of Understanding (MoU) to form partnerships and explore trade opportunities strengthening the trade and economic ties between the countries. The agreements were signed between businesses in...

Nigerian Sovereign Investment Authority gets Fresh USD$250m from FG

The Federal Government of Nigeria has authorised the injection of $250million into the Nigerian Sovereign Investment Authority (NSIA). This was disclosed by Nigeria's Minister of Finance, Mrs. Kemi Adeosun at the end of the last National Economic...

African Boutique Data Collection Start-up ‘Bamba’, Raises $1.1m in First Seed Round

African data collection start-up Bamba has announced today that it raised US$1.1 million (Kes. 110 million) from its first seed investment round, making it one of the largest and most successful seed rounds completed by an...

Averda acquires Solid Waste Technologies

Bolsters position as largest in SA healthcare medical waste market Global waste-management group, Averda, has extended its stake in the South African market with the acquisition of Solid Waste Technologies (SWT), a healthcare medical...

Open Data Opportunities Draw Investors to Ghana

Ghana has been selected to host the second Africa Open Data Conference (AODC) in July which is expected to draw potential investors seeking opportunities in the emerging trend. A statement issued by the National Information...

European Bank’s Office in Zambia Underscores Investment Potential

The Zambian government said Tuesday that the plan by the European Investment Bank (EIB) to set up an office in the country was a clear endorsement by Europe of Zambia's potential as a preferred...

Quantum Global named Angola’s Best Investment Company

African focused investment firm Quantum Global Group were announced as the winners of the Global Banking and Finance Review award for Best Investment Company Angola 2016. The award, which recognises excellence globally within the financial community,...
Economy

South African Investors explore opportunities in Ghana

A business delegation from the Gauteng Province of South Africa has visited Ghana to explore business opportunities in the West African country. In a business panel discussion during the visit, Madam Lulu Xingwana, the South...

Gates’ Foundation Invests $8.4m to produce Seeds for Africa

The Bill & Melinda Gates Foundation has invested $8.4 million in an initial five-year investment in the first Early Generation (Foundation) Seed Production Entity in sub-Saharan Africa. Known as QualiBasic Seed, the entity established by...

UNCTAD: Global FDI to Register 10% Growth in 2017

According to the latest Global Investment Trends Monitor by the United Nations Conference on Trade and Development (UNCTAD), global flows of foreign direct investment (FDI) fell 13 per cent to $1.52 trillion in 2016. The...