Funds available for African off-grid projects

The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (FEI OGEF) has reached a final equity close with $59-million in committed equity capital and $36-million debt facilities, to support innovative, off-grid energy access companies. The final close,...

Orange opens MEA HQ in Morocco

Orange has officially inaugurated the Orange Middle East and Africa operational head office in Morocco. “Orange is one of the rare international groups to have made the strategic choice, 20 years ago, to seek to develop in Africa and the Middle East,” says...

SAP, GIZ train 25 graduates in Ethiopia

Twenty-five newly-trained young digital professionals have graduated from the first-ever SAP Young Professional Program held in Ethiopia in partnership with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). The graduates will join SAP partner and...

Africa’s richest man worth even more in 2019

Aliko Dangote, Africa’s richest man, became $4,3-billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s most prominent industrialist ended the decade with a net...

Powering Africa through technology

Africa has become a shining beacon for technology investment and innovation, unlocking the continent’s economic potential and driving transformation. Today, many of the world’s multinationals have a presence on the continent which is undoubtedly indicative of...

Uganda, Ghana, Botswana lead with women-owned businesses

Uganda, Ghana and Botswana are ranked as the top three countries with the highest percentages of women-owned businesses across the 58 markets evaluated around the world in the third edition of the Mastercard Index of Women Entrepreneurs (MIWE). Based on publicly...