Sunday, September 29, 2019

e-Logistics Start-up Kobo360 secures $30M funding

Kobo360, the digital technology platform disrupting African third-party logistics, today announced the completion of a $20M Series A equity round led by Goldman Sachs,...

Mergers and acquisitions deal value rises in Africa in the first...

There was a sharp increase in the value of total mergers and acquisitions (M&A) deals in Africa in the first half of 2019 (H1...

Malawi’s economy to grow by 5% in 2019 – Central Bank

Malawi's economy which is heavily dependent on agriculture, is set to grow by 5% this year, up from 4% the previous year and in...

Africa defies global slump as foreign direct investment rises

According to UNCTAD’s World Investment Report 2019 Africa defied global slump as its foreign direct investment rose by 11% from the previous year, as flows to the...

Top 5 countries leading East Africa’s Growth

According to the East Africa Economic Outlook 2019 by the African Development Bank (AfDB), East Africa’s real GDP grew last year by an estimated...

The African Continental Free Trade Area Agreement comes into force

The  African Continental Free Trade Area agreement (AfCFTA) came  into force on 30 May 2019. In April 2019, Gambia ratified the agreement, bringing the...

Angola is back – increased crude exports spark hope

Increased crude exports have sparked hope for Angola following plunging oil commodity prices since 2014 which left several African economies in recession. The country’s preliminary...

Seven things to consider when doing business in Africa

By Morne van der Merwe, Managing Partner, and Wildu du Plessis, Head of Africa at global law firm Baker McKenzie in Johannesburg Baker McKenzie share...