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Germany’s leading manufacturer and supplier of specialist and compound, feeds, HL Hamburger Leistungsfutter GmbH, has signed an €8 million agreement to invest in Ghanaian company, Agricare Ltd. [...]

The first specialized free zone for the textile industry in the world is underway in Minya Governorate on an area of 2.2 million square meters, and the first specialized technological city is [...]

The Development Bank of Southern Africa (DBSA) has been awarded funding to the value of $55.6m from the Green Climate Fund (GCF) to establish a R2bn Climate Finance Facility (CFF). “We are very [...]

Ausdrill and Barminco joint venture contractor African Underground Mining Services has secured a $US375 million ($530 million) contract at AngloGold Ashanti’s Obuasi project in southern Ghana. [...]

South Africa’s Bidvest Tank Terminals (BTT), a unit of Bidvest Group, and liquefied petroleum gas (LPG) firm Petredec on Thursday launched the construction of a 1 billion rand ($70 million) [...]

Cash for new businesses will come from an initiative called Naspers Foundry. Naspers said it will spend about R4.6bn on new and existing technology companies in SA, a sign of support from the [...]

The board of directors of STADIO is pleased to advise shareholders that the Company, through its wholly-owned subsidiary, Stadio Investment Holdings Proprietary Limited, has entered into a sale [...]

French fuel storage and distribution company Rubis SCA has offered to buy Kenyan oil marketer KenolKobil Ltd to get a toehold in East Africa, the companies said on Wednesday. Rubis, which is [...]

Developers of the 100-megawatt Kipeto Wind Power Farm will tap emergency funds from African Trade Insurance Agency (ATI) to service a Sh23.53 billion loan in event of monthly payment delays by [...]

ECONET Wireless Zimbabwe (EWZ)’s new stand-alone unit Cassava, born out the unbundling financial technology (fintech) businesses to be listed separately on the Zimbabwe Stock Exchange, is set to [...]

The Democratic Republic of Congo gave two groups of investors a four-week deadline to submit a joint proposal on the development of the multi-billion dollar Inga 3 hydropower plant. The [...]

AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the second closing of its North African Fund, Maghreb Private Equity IV (MPEF IV). The second closing brings MPEF IV [...]

The Rwandan government has signed a €229.20-million funding agreement with the African Development Bank (AfDB) to support the country’s electricity supply improvement programme and expand access [...]

Tech firm Google on Monday announced Sh100 million grant for training farmers on digitisation and how to leverage technology for increased earnings. The training in partnership with Non-profit [...]