Mark Mobius Says Moroccan Property Company Douja Promotion Groupe Addoha is a Buy
It's rare for Mark Mobius to recommend real estate, making his interest in Douja Promotion Groupe Addoha notable. The firm has a strong mark
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Jun 1
Kigali's $2 Billion Innovation City Construction Scheduled to Begin in September 2024
The $300 million construction of Kigali Innovation City (KIC) will start in September, following agreements signed between the Government of
May 24
Bankenveld District City Development in Johannesburg Clears Key Hurdle with Land Purchase Approval
A major real estate project in the northern suburbs of Johannesburg, named the Bankenveld District City, has recently received...
May 23
South Africa's Power Issues Help Drive Microsoft's $1 Billion Data Center Investment in Kenya
Microsoft and G42 are investing $1 billion in Kenya's digital infrastructure, marking the largest private-sector digital investment in the c
May 20
Zambia Joins $150B Sukuk Market with Eden Villas' $3 Million Real Estate Issuance
Zambian developer Eden Villas Properties is set to issue the country's inaugural Sukuk, aiming to raise $3 million. Sukuk, or Islamic bonds,
May 16
Coworking Works in Africa According to AfricaWorks Founder
AfricaWorks, a leading coworking space provider, operates in eight African cities and is set to launch in Johannesburg, further contributing
May 4
Africa Takes Aim at Avocado Market Expected to Reach $26 Billion by 2030
The global avocado market is expected to reach $26.04 billion by 2030, growing at a compound annual growth rate of 7.3%. Africa, already a m
Mar 2
Pepkor Sells The Building Company ("TBCo") to Capitalworks in $62.4 Milion South African DIY Acquisition
Pepkor Holdings, a leading retail group, divests its stake in TBCo to Capitalworks Private Equity for $62.4 million (i.e., ZAR 1.2 billion),
Feb 29
$390 Africa Investment By Equinix Bolsters Africa Data Center Market
Africa's data center market is projected to experience significant growth, with a forecasted Compound Annual Growth Rate ("CAGR") of 10.2% f
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