Corporate deals

August 12, 2025

Commodities

Nigeria targets 400,000 MT annual output as NSDC signs sugar estate deals with four operators

August 12, 2025

Companies

NGX Group, HEI partner with Lagos State Government to combat child malnutrition through Project BLOOM

August 9, 2025

ACTIF2025 secured $300 million investment deals – Afreximbank says

August 9, 2025

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Corporate deals

Mergers and Acquisitions, deal making, takeovers

Startup funding: Kenya overtakes Nigeria with $800 million raised in 2023 – Report

African startups raise $254 million in May as Egypt leads investment surge

June 10, 2025

Startups across Africa secured a total of $254 million in May 2025, marking a slight decline from April but a...

Business

Mauritius investment firm to acquire 26% stake in Nigerian e-waste recycler Hinckley

June 9, 2025

uMunthu Investment Company II, a Mauritius-based private equity fund, is set to acquire a 26% stake in Hinckley Ewaste Recycling...

Meta announces Llama impact grant for Sub-Saharan African Startups, researchers

Deal Signals

Meta in talks to invest $10B in AI startup

by Deborah Dan-Awoh

June 8, 2025

Meta Platforms Inc. is reportedly in advanced talks to invest more than $10 billion in Scale AI, a fast-growing artificial...

Afreximbank, BOI sign $75 million financing support for local manufacturers in Nigerian Healthcare sector

by Nnaemeka Onyekachi

June 5, 2025

The African Export-Import Bank (Afreximbank) and the Nigerian government-owned Bank of Industry (BOI) have announced the signing of a $75...

Companies

Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day

by Izuchukwu Okoye

June 5, 2025

Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility to $375...

EU faces widening skilled labor shortage, looks to recruit foreign workers

EU to invest €10.4 million in Nigeria solar for health project to power primary healthcare centres

by Anthonia Obokoh

The European Union (EU) has announced it will invest €10.4 million in the Nigeria Solar for Health Project (NISHP), which...

AMCE receives $75 Million donation for subsidization of Sickle cell cure in Nigeria, others -  CEO

by Nnaemeka Onyekachi

The CEO of the African Medical Centre of Excellence (AMCE), Brian Deaver, has disclosed that the Ford Foundation has attracted...

FG signs $7.5 million agreement with Gates Foundation to build Nigerian AI Scaling Hub

The Federal Government of Nigeria has signed an agreement with the Gates Foundation to establish the Nigerian AI Scaling Hub...

Kenya approves Moniepoint’s acquisition of 78% stake in Sumac Microfinance Bank

The Competition Authority of Kenya (CAK) has given its approval for Moniepoint Inc.’s proposed acquisition of a 78% stake in...