Browsing: Business
Shoprite Group, Africa’s largest fast-moving consumer goods retailer invests in Omnisient, Africa’s first privacy-preserving data collaboration platform provider.
Money Fellows, an Egyptian fintech, raises USD 31 million as it digitizes money circles, where individuals form savings and borrowing groups.
Agrarius Sustainability Engineered has listed Africa’s first Shari’ah-compliant sustainability-linked Sukuk on the Johannesburg Stock Exchange.
Burj Zanzibar, a 28-storey apartment tower designed using hybrid timber technology, aims to be the tallest green building in the world at 96m high.
valU, a leading MENA BNPL fintech, and aiBANK, an Egyptian commercial bank have partnered with Sylndr to provide affordable payment options.
South Africa expects 1.9% GDP growth this year, compared to an estimate of 2.1% issued in February.
Copper and silver assay results from drilling in Botswana’s Kalahari Copper Belt are ‘encouraging’ according to Sandfire Resources.
Agrifoodtech startups in Africa have raised 1% of global agrifoodtech investment over the last 5 years, according to Agfunder.
Modus Capital plans to launch venture builders in Saudi Arabia and will focus on the e-gaming sector. Agile Ventures focuses on Saudi Arabia, the GCC and Red Sea economies.
South African investors are frustrated by the slow rate of reform within the country, according to the BLSA.