Mark Mobius Says Moroccan Property Company Douja Promotion Groupe Addoha is a Buy
It's rare for Mark Mobius to recommend real estate, making his interest in Douja Promotion Groupe Addoha notable. The firm has a strong mark
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- Jun 1
Kigali's $2 Billion Innovation City Construction Scheduled to Begin in September 2024
The $300 million construction of Kigali Innovation City (KIC) will start in September, following agreements signed between the Government of
- May 24
Bankenveld District City Development in Johannesburg Clears Key Hurdle with Land Purchase Approval
A major real estate project in the northern suburbs of Johannesburg, named the Bankenveld District City, has recently received...
- May 23
South Africa's Power Issues Help Drive Microsoft's $1 Billion Data Center Investment in Kenya
Microsoft and G42 are investing $1 billion in Kenya's digital infrastructure, marking the largest private-sector digital investment in the c
- May 20
Zambia Joins $150B Sukuk Market with Eden Villas' $3 Million Real Estate Issuance
Zambian developer Eden Villas Properties is set to issue the country's inaugural Sukuk, aiming to raise $3 million. Sukuk, or Islamic bonds,
- May 16
Coworking Works in Africa According to AfricaWorks Founder
AfricaWorks, a leading coworking space provider, operates in eight African cities and is set to launch in Johannesburg, further contributing
- May 4
Africa Takes Aim at Avocado Market Expected to Reach $26 Billion by 2030
The global avocado market is expected to reach $26.04 billion by 2030, growing at a compound annual growth rate of 7.3%. Africa, already a m
- Mar 2
Pepkor Sells The Building Company ("TBCo") to Capitalworks in $62.4 Milion South African DIY Acquisition
Pepkor Holdings, a leading retail group, divests its stake in TBCo to Capitalworks Private Equity for $62.4 million (i.e., ZAR 1.2 billion),
- Feb 29
$390 Africa Investment By Equinix Bolsters Africa Data Center Market
Africa's data center market is projected to experience significant growth, with a forecasted Compound Annual Growth Rate ("CAGR") of 10.2% f
- Feb 16
South Africa's Peri-Peri Sensation Hits Atlanta
South Africa's beloved flame-grilled chicken chain launches in Atlanta after US success. The first location will open in Dunwoody's High Str
- Feb 15
Boosting Trade in Africa: US Approves $250 Million Loan for Lobito Corridor Expansion
On February 8, at the Lobito Corridor Investor Forum in Lusaka, Zambia, the DFC announced the approval of a $250 million loan to fund the co
- Feb 14
Gulf Greenfield FDI Investment Into Africa Smashes Records
The Gulf Cooperation Countries delivered 156 greenfield FDI projects, valued at $113 billion, in 2022 and 2023. The significant uptick is st
- Feb 8
Harvard Professor Hausmann Blames South Africa's Woes on Power Issues
Until South Africa can solve its electricity issues, it's largely a no-go zone for foreign real estate investors. Professor Hausmann has adv
- Feb 7
Toyota Inches Further Into Kenya With Investments of $10 Million
Toyota's investment in Kenya signals a shift from sales and distribution to manufacturing in the country. The Japanese powerhouse has simila
- Feb 6
Lobito Corridor Rail Improvements Will Make Copperbelt Mining Feasible
While copper remains Zambia's biggest export, most output today comes from the mines in the North-Western province and not the Copperbelt...
- Feb 4
Jeff Bezos and Bill Gates Backed Venture Eyes $2 Billion Zambia Copper Mine Investment
KoBold is a well-funded upstart in Africa mining that has secured rights to Zambia's Mingoba deposit which was first discovered in 1979 by A
- Feb 1
Italy and the EU Push €55.5 Billion Investment Framework for Africa in Rome
One has the feeling that Europe knows it is behind in Africa, and scurrying to catchup. For over a decade it has opted, like the Americans,
- Jan 30
African Leaders are Preparing For Donald Trump's Next Act
African leaders are bracing themselves for a second Trump term and all that that entails. Trump is unlikely to pull the reigns on Africa eng
- Jan 28
$7 Billion for DRC Infrastructure from China Signals a Shift in Concession Practices
Sicomines is a major copper and cobalt producer in the DRC ranking number one in copper production. It began operations in 2008 through a $6
- Jan 27
Mozambique Riding the Wave of South Africa's Infrastructure Woes
A $2 billion port expansion at Maputo in Mozambique is made possible in part due to rife inefficiencies that now characterize South...
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