Browsing: Africa

Africa’s largest fintech company, Flutterwave, has acquired open banking infrastructure startup Mono in an all-stock deal reportedly valued between $25 million and $40 million.

Intra-African trade has climbed to about Sh28.8 trillion (around $220.3 billion), signaling growing momentum in regional commerce. But experts warn that the African Continental Free Trade Area (AfCFTA) is still falling short of its intended on-the-ground impact, with implementation delays and persistent frictions limiting how fast deeper integration can move.

How Kenya’s exit from COMESA sugar safeguards opens the domestic market and shifts focus to competitiveness and integration.

DHL Express invests €300m in Africa, to expand air connectivity, strengthen logistics & support faster, more reliable trade flows.

The African Development Bank Group and Nedbank Group sign a landmark financing deal combining affordable housing finance with trade finance support to accelerate inclusive growth.

As trade volumes rise and infrastructure expands, demand for container shipping is rising. However, the continent’s maritime logistics sector suffers from capacity limits, congestion and geopolitical disruption.

Kenya-based solar leader Sun King raises major equity backing to expand decentralized energy access and strengthen distribution, product and service infrastructure.

New financing expands transport connectivity by improving Somalian roads, strengthens cross-border linkages and supports regional integration under the Horn of Africa corridor initiative.

Ecobank links 1,200 Cameroonian SMEs to its Single Market Trade Hub, boosting visibility and access to intra-African trade opportunities.

Regional trade tensions grow as Botswana bans imports of key South African vegetables, raising concerns for farmers and customs cooperation.