Tag: Business Africa

EU Commits €37 Million to Extend Google’s Blue-Raman Subsea Cable Into East Africa

The European Union has committed €37 million ($42.8 million) to support the extension of Google’s Blue-Raman undersea cable system into East Africa, strengthening digital...

Abdul Samad Rabiu Takes Delivery of $81 Million Bombardier Global 8000 Jet

Abdul Samad Rabiu, Chairman of BUA Group and Africa’s second-richest individual, has taken delivery of a Bombardier Global 8000 private jet valued at approximately...

Sanwo-Olu Courts Private Capital for Lagos Rail, Technology and Agriculture Projects

Lagos State Governor Babajide Sanwo-Olu has intensified efforts to attract private sector investment into key infrastructure and growth sectors, identifying rail transportation, technology, agriculture,...

Tanzania Targets Over $2 Billion in Russian Investment as Economic Ties Deepen

Tanzania is seeking to attract more than $2 billion in Russian investment and business deals over the next three to five years as President...

Egyptian Fintech Blnk Secures $37 Million to Expand Consumer Lending Across Underserved Markets

Egyptian fintech startup Blnk has secured $37.1 million in fresh funding to accelerate its consumer lending business and expand access to credit among underserved...

Ethiopian Airlines to Decide on Regional Jet Order Within Three Months

Ethiopian Airlines is expected to decide within the next three months on an order for 25 regional aircraft as Africa’s largest carrier seeks to...

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