Rwanda – Qatar Airlines sign deal on construction of Bugesera airport
Qatar Airlines will hold majority stake at 60%In the first phase, the planned airport will cater for 7 million passengers annually . This number will be doubled in the 2nd…
Qatar Airlines will hold majority stake at 60%In the first phase, the planned airport will cater for 7 million passengers annually . This number will be doubled in the 2nd…
The $115 million Fund aims to acquire and integrate healthcare service businesses in East and Southern Africa.IFC has invested $22 million into the Fund. Other investor include: SwedFund, Proparco, FinnFund…
Tabor ceramics is Ethiopia's leading domestic producer of ceramic productsWith the investment from Cepheus, Tabor will improve product quality and expand it's 4 key product lines: tiles, sanitary ware, table…
Pearl Dairy is the largest milk processor in Uganda with an installed processing capacity of 800,000L of raw milk per day.The partnership will allow Pearl Dairy to expand and enhance…
The investment was made through the investment firm's maiden Fund, Zoscales Fund IThe funds will help strengthen local distribution and push the export market For more details: https://www.foodbusinessafrica.com/2019/11/19/ethiopian-biscuit-producer-ahadukes-secures-backing-from-pe-firm-zoscales-partners/
The bank is in talks to acquire a 66.5% stakeEquity has an existing subsidiary in DRC and will merge the 2 DRC banks For more details: https://www.businessdailyafrica.com/news/Equity-to-pay-family-Sh10bn-for-DRC-bank/539546-5353784-11exe4nz/index.html
The interest rate cap was introduced in 2016The rate cap was blamed for lower access to credit and ultimately, economic growthCentral Bank Governor, Dr Patrick Njoroge, has lauded the vote…
The estimate cost for the project is $59 million and will supply 130MW For more details: https://www.esi-africa.com/industry-sectors/transmission-and-distribution/construction-begins-on-tabora-katavi-transmission-project/
Kipchoge is the first person to run a marathon in under 2 hoursThe IAAF will not recognize the record as the conditions did not meet the body's regulations For more…
Fenix International, part of ENGIE, has entered the Mozambique marketThe company targets to reach 200,000 households with clean energy products and inclusive financial services in the next 3 yearsFenix International…