EABL buys additional stake in Tanzanian subsidiary for USD 55 million

Kenya-based branded alcohol beverage business East African Breweries Ltd. (EABL) has reportedly acquired an extra 30% stake in Tanzanian subsidiary Se

Mammoet to support construction of three wind farms in South Africa

Mammoet South Africa, a unit of global heavy lifting and transport service provider Mammoet, has announced its support for the construction of three w

Biden administration rolls out new initiative to shape US-Africa trade

President Joe Biden's administration has reportedly launched a new initiative called Prosper Africa Build Together, requesting more than $80 milli

Ivory Coast-based Julaya raises $2m for West Africa expansion

Julaya, a fintech startup based out of Ivory Coast, has reportedly announced a $2 million pre-Series A funding. The funding would supposedly facilitat

South African fintech startup Yoco raises USD 83 Mn in Series C funding

South Africa’s payment and software platform, Yoco, has reportedly raised USD 83 million in Series C funding backed by Dragoneer Investment Grou

Aspen to start J&J Covid-19 vaccine roll out in South Africa

Aspen Pharmacare, a South African holding company for pharmaceutical concerns, has reportedly confirmed releasing the first batch of Johnson & Joh

Ghana looking to get hold of 18 million Covid-19 shots before October

Ghana is seeking to receive over 18 million Covid-19 vaccine doses by October as it combats the third wave of coronavirus infection, as recently state

Yara East Africa collaborates with farmers to edify tech-driven farming

Yara East Africa Ltd., a fertilizer manufacturer based in Kenya, has reportedly collaborated with farmers for building service centers where smallhold

South Africa’s Biovac Institute to produce Pfizer’s COVID-19 vaccine

Biovac Institute, a Cape Town-based pharmaceutical firm, has announced its plans to manufacture and distribute the Pfizer-BioNTech COVID-19 vaccine. T

New CEPI & IVI program to improve access to Covid shots across Africa

The IVI (International Vaccine Institute), in collaboration with the CEPI (Coalition for Epidemic Preparedness Innovation), has reportedly announced a

WAICA Re pays out USD 30.5 million in claims in 9 West African nations

West African Reinsurance Corporation, WAICA Re has reportedly incurred net claims of USD 30.5 million during the financial year 2020, marking a 63% in

Huawei plans to boost clean energy distribution in Sub-Saharan Africa

The company will position itself as an OEM supplier and will collaborate with stakeholders, including energy service providers and regulators, to over