Africa
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in Short
P1 Ventures secures $50M to boost African startups
P1 Ventures, a pan-African VC firm, closes its first institutional fund at $50M, backed by African conglomerates and the World…
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in Short
African Union : a new direction
During the 38th African Union Summit (February 15-16, 2025), alongside Mahmoud Ali Youssouf (Djibouti), elected Chairperson of the AU Commission,…
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Actualité
Commerce intra-africain : un levier clé pour la résilience économique
Aujourd’hui, le commerce intra-africain ne représente que 16 % des échanges du continent, alors que la Zone de libre-échange continentale…
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in Short
Ethiopia : Dangote Group to boost cement production
Aliko Dangote, CEO of Dangote Group, has announced plans to expand the Mugher cement plant in Ethiopia, located 85 km…
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in Short
Trans-Saharan gas pipeline : Algeria, Nigeria, and Niger signed new agreements to accelerate the project
Algeria, Nigeria, and Niger have signed new agreements in Algiers to accelerate the Trans-Saharan Gas Pipeline (TSGP) project, spanning over…
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in Short
Morocco-Mauritania : a power interconnection project for african integration
In the presence of Ambassador Hamid Chabar, Morocco and Mauritania have signed an agreement for an electricity interconnection project. Part…
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in Short
Insurance : OLEA expands in Africa with the acquisition of Marsh Uganda and Botswana
Pan-African insurance broker OLEA announces the acquisition of Marsh Uganda and Marsh Botswana, subsidiaries of Marsh McLennan. This strategic move,…
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in Short
IBM transfers african operations to MIBB amid strategic shift
IBM is exiting Nigeria, Ghana, and 34 other African markets, transferring operations to MIBB, a Midis Group subsidiary, starting April…
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in Short
Country risk barometer : Coface downgraded Botswana
In its February 3 country risk barometer, Coface downgraded Botswana, hit by the diamond market decline, while Bangladesh and the…
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in Short
SMEs : IFC plans €15 million investment in AfricInvest Small Cap
The International Finance Corporation (IFC) plans to invest up to €15 million ($15.5 million) in the AfricInvest Small Cap Management…
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