Emirati multinational logistics company, DP World and the UK government’s CDC Group have joined forces to expand African ports, with plans to in
Brexit: EU to lower Northern Ireland border checks on British goods
The European Union (EU) has reportedly revealed plans for setting out proposals in response to the trade row in Northern Ireland. The ‘far-reach
Tobacco maker KT&G to build forest to help battle global climate crisis
South Korea’s leading tobacco maker Korea Tobacco & Ginseng Corporation (KT&G) plans to build a forest as part of its efforts to tackle
Mono bags $15Mn in Series A funds to expand operations in Africa
African fintech startup, Mono has reportedly raised USD 15 million in a Series A funding round led by Tiger Global, making it the venture capital firm
JICA sets aside USD 2.5 million to promote circular economy in Nairobi
The Japan International Cooperation Agency (JICA) has reportedly invested around USD 2.5 million in Sanergy Inc., a U.S. sanitation startup in Nairobi
Fossil fuels must stay underground to tackle climate change: Scientists
Researchers have recently advised that about 90% of coal reserves and 60% of oil and gas reserves must be kept underground to keep global warming belo
Moderna to develop 500Mn vaccine doses at its new facility in Africa
American pharmaceutical and biotechnology company, Moderna has recently revealed plans to open a new vaccine production facility in Africa. According
Tui Group set to raise €1.1bn with easing travel restrictions
Tui Group, one of the largest travel groups in Europe, is reportedly set to raise €1.1 billion (~USD 1.2 billion) to enhance its balance sheet as
Nollywood booming; African film sector could create 20m jobs: UNESCO
African film industries are reportedly slated to grow four times in revenue to $20 billion (£15 billion) and generate 20 million more jobs in cr
Australia to buy Merck’s COVID-19 pill in wake of delta variant surge
Stepping up to the fight against the COVID-19 pandemic, Australian Prime Minister Scott Morrison recently revealed plans to purchase 300,000 courses o
DPI secures $900Mn to support innovative companies in Africa
Development Partners International (DPI), a leading investment entity focused on Africa, has announced that the African Development Partners III Fund
Africa hopes for chocolate rebound amidst massive cocoa harvests
West Africa’s cocoa giants are preparing for another big harvest, with a focus on whether the demand recovery after the COVID-19 pandemic can ab