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An American private equity fund, TPG Capital, plans to buy the entire stake of cash-strapped Abraaj Holdings in Kenya’s 10 private hospitals and their 18 affiliate clinics. Media reports in Wall [...]

The Overseas Private Investment Corporation (OPIC) has committed $25m in financing to the Solar Energy Transformation Fund, which will provide loans to companies developing off-grid solar [...]

The Government of Rwanda and Japan International cooperation Agency (JICA) today signed a financing agreement worth US$ 24 million (Approximately Frw 24 billion) to support the third phase of [...]

Tanzania plans to shift to natural gas-powered buses on its rapid transit routes in Dar es Salaam, a move it says will cut fuel use by up to 50 per cent. The Tanzania Petroleum Development [...]

South Africa’s Public Investment Corp. will pay $100 million to buy an undisclosed number of B shares in the African Export-Import Bank, the two institutions announced in an emailed statement [...]

Goldman Sachs has led a $52m investment round in JUMO, with participation from other leading investors including Proparco, Finnfund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog [...]

Haldor Topsoe A/S, a Danish chemical-catalyst maker, will help the Republic of Congo build a $2.5 billion fertilizer plant near the port city of Pointe Noire, the central African nation’s economy [...]

The Blackstone Group has exited its stake in Bujagali Energy (BEL), the developer of the 250-megawatt Bujagali hydropower project in Uganda, to a Norwegian hydropower developer SN Power. The [...]

The Zimbabwean government will launch a $ 2 billion satellite city project near Bulawayo, the country’s second largest city, the spokesman for the presidency said this week. According to [...]

The Kenyan unit of Toyota Tsusho Corp. intends to bid for a 140-megawatt geothermal power plant that the Kenya Electricity Generating Co. plans to develop through a public-private partnership. [...]

In Burkina Faso, the government last week launched a program to build 2,000 eco-villages across the country, the Xinhua news agency reported . The $ 1.77 billion ecology-focused project aims to [...]

The Independent Institute of Education, a unit of ADvTECH, has agreed to terms of a proposed transaction with Monash South Africa and LEI AMEA Investments BV, which will see ADvTECH acquiring [...]

South African-based private equity firm Harith General Partners Pty Ltd. is buying into a fiber-optic cable network in Malawi as it invests more than $1 billion in infrastructure on the [...]

Banque Misr signed on Wednesday a deal to establish a Chinese-African consortium of banks between China Development Bank and 15 African financial institutions. The deal, inked by chairman of [...]