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
top of page
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
Feb 16
South Africa's Peri-Peri Sensation Hits Atlanta
South Africa's beloved flame-grilled chicken chain launches in Atlanta after US success. The first location will open in Dunwoody's High Str
Feb 15
Boosting Trade in Africa: US Approves $250 Million Loan for Lobito Corridor Expansion
On February 8, at the Lobito Corridor Investor Forum in Lusaka, Zambia, the DFC announced the approval of a $250 million loan to fund the co
Feb 14
Gulf Greenfield FDI Investment Into Africa Smashes Records
The Gulf Cooperation Countries delivered 156 greenfield FDI projects, valued at $113 billion, in 2022 and 2023. The significant uptick is st
Feb 8
Harvard Professor Hausmann Blames South Africa's Woes on Power Issues
Until South Africa can solve its electricity issues, it's largely a no-go zone for foreign real estate investors. Professor Hausmann has adv
Feb 7
Toyota Inches Further Into Kenya With Investments of $10 Million
Toyota's investment in Kenya signals a shift from sales and distribution to manufacturing in the country. The Japanese powerhouse has simila
Feb 6
Lobito Corridor Rail Improvements Will Make Copperbelt Mining Feasible
While copper remains Zambia's biggest export, most output today comes from the mines in the North-Western province and not the Copperbelt...
Feb 4
Jeff Bezos and Bill Gates Backed Venture Eyes $2 Billion Zambia Copper Mine Investment
KoBold is a well-funded upstart in Africa mining that has secured rights to Zambia's Mingoba deposit which was first discovered in 1979 by A
Feb 1
Italy and the EU Push €55.5 Billion Investment Framework for Africa in Rome
One has the feeling that Europe knows it is behind in Africa, and scurrying to catchup. For over a decade it has opted, like the Americans,
Jan 30
African Leaders are Preparing For Donald Trump's Next Act
African leaders are bracing themselves for a second Trump term and all that that entails. Trump is unlikely to pull the reigns on Africa eng
Jan 28
$7 Billion for DRC Infrastructure from China Signals a Shift in Concession Practices
Sicomines is a major copper and cobalt producer in the DRC ranking number one in copper production. It began operations in 2008 through a $6
Jan 27
Mozambique Riding the Wave of South Africa's Infrastructure Woes
A $2 billion port expansion at Maputo in Mozambique is made possible in part due to rife inefficiencies that now characterize South...
bottom of page