Category: Key developments

British International Investment (BII) and South Africa’s Public Investment Corporation (PIC) have formalized a new alliance aimed at strengthening their collaborative efforts to channel investments across Africa.

Tesla has officially entered the African market by launching its inaugural office in Casablanca, Morocco.

Sierra Leone is taking a significant step toward digital and environmental progress by introducing its first 5G network powered by renewable energy.

South African climate-tech company Plentify has partnered with Conlog, Africa’s leading smart metering provider, to deploy intelligent energy management systems to over 50 million households across the continent.

Lagos, Johannesburg, and Kampala have been named among the world’s fastest-growing tech hubs in the 2025 Global Tech Ecosystem Index by Dealroom.co.

A new ranking from the Financial Times highlights the growth trajectory of African enterprises, with Nigerian and South African companies taking the lion’s share of the spotlight.

The International Finance Corporation (IFC), part of the World Bank Group, has introduced a new program called the Africa Leadership Economic Advancement and Development for Women (LEAD) Alliance.

Safaricom PLC has reached a major milestone, making history as the first East African business to earn over $3 billion (KES 388.7 billion) in annual revenue.

The Global Fund to Fight AIDS, Tuberculosis and Malaria has procured its first-ever supply of first-line HIV treatment produced in Africa.