Tag: Business Africa

Amazon launches Prime in South Africa for under $4 a month

Amazon has launched its Prime subscription service in South Africa according to Reuters, offering customers access to faster deliveries, entertainment content, exclusive shopping deals,...

Congo Basin secures over $3 billion for climate and sustainable development projects

The Congo Basin, often described as the world’s second-largest ecological lung after the Amazon, has attracted more than $3 billion in new funding commitments...

Spiro raises $215 million as Africa’s largest electric mobility company races toward unicorn status

Spiro, widely regarded as Africa’s largest electric mobility company, has secured $215 million in fresh equity financing to accelerate the expansion of its electric...

EU launches first South Africa investment roadshow in race for critical minerals

The European Union has launched its first investment roadshow in South Africa focused on critical minerals, underscoring Europe’s growing efforts to secure supplies of...

AfDB moves to become largest shareholder in African guarantee platform to unlock infrastructure investment

The African Development Bank is set to become the largest shareholder in the Nairobi-based African Trade and Investment Development Insurance (ATIDI) through a planned...

Zambia’s ZCCM-IH partners with Chinese firm on 600MW coal power project

ZCCM Investments Holdings has entered into a partnership with Chinese-owned Wonderful Group Services to develop a 600-megawatt coal-fired power plant in Zambia, a major...

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