UK’s CDC Group & DP World plan to invest $1.72Bn in African ports

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