Breaking Down €3.1 Billion: Sector and Country Allocation of EIB Global’s 2025 Africa Financing
In 2025, the European Investment Bank’s development arm, EIB Global, committed €3.1 billion across Africa.
Key Developments
Critical business developments shaping Africa’s economic future
Trending News
Rwanda Launches Africa’s First Center for Fourth Industrial Revolution
The Rwandan Ministry of Information Communication Technology and Innovation, alongside the World Economic Forum, launched the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda, marking a first for the African continent.
Tanzanian Fintech Nala Builds Its Own Payment Platform to Boost Remittance Services in Africa
Nala, a Tanzanian financial technology company, has announced the development of its own payment platform, Rafiki, to enhance its remittance services across Africa.
Eutelsat and Q-KON Join Forces to Launch Africa’s First OneWeb LEO Satellite Service
In a landmark move for African connectivity, Eutelsat Group and South African satellite solutions provider Q-KON have implemented the first operational Eutelsat OneWeb Low Earth Orbit (LEO) satellite service on the continent.
New Investments
Latest funding rounds and investment opportunities across the continent
BII and ILX Complete First Joint $15 Million Investment to Support SMEs and Agribusinesses in East Africa
British International Investment (BII) and ILX, a private debt asset manager based in Amsterdam, have completed their first joint investment aimed at increasing financing for small businesses and agricultural enterprises in East Africa.
Africa’s Digital Commerce Projected to Reach $72 Billion by 2026 – EBANX Report
Africa is experiencing a surge in online consumerism, becoming a key player in the global digital commerce landscape, according to a new report by EBANX, a global fintech company.
MTN’s Bayobab Partners with Zoom to Accelerate Africa’s Digital Transformation
MTN Digital Infrastructure, trading as Bayobab and part of the MTN Group, has partnered with Zoom Communications, Inc. to boost digital inclusion and enhance business connectivity across Africa.
South African Startup NeoNomad Launches Africa’s First Hybrid Exchange Platform
South African fintech startup, NeoNomad, has introduced Africa’s inaugural hybrid exchange platform, a groundbreaking web application designed to revolutionize financial services across the continent.
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