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Coca-Cola Plans to Invest $1 Billion in Nigeria Operations, Presidency Says
Coca-Cola had since 2013 invested $1.5 billion in Nigeria to expand its production capacity.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- corporations
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Rwanda Gets $44 Million Pharmaceutical Funding
Rwanda will get approximately $44.4 million in funding from the European Union for the local pharmaceutical sector.
- Region
- Sub-Saharan Africa
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Press Release: Goodwell Enters the Ugandan Market With Investment in the Agent Banking of Company Uganda Ltd (ABC)
The funding will enable ABC to pursue ambitious goals for growth, including expanding its client base, increasing agent coverage, and deploying new services.
- Region
- Sub-Saharan Africa
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Nigeria Begins AI Push With Google-Backed Fund
The hope is that AI will help to solve the country’s development challenges.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Gates Foundation Report Calls for Targeted Global Health Spending to Save Millions of Children from Malnutrition and Disease
New modeling shows 40 million more children will suffer from hunger’s worst effects by 2050 due to climate change, but immediate action could instead boost health, spur economic growth.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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M-Kopa Must Pay Taxes to Kenya After Losing Appeal
The startup appealed against a $6.8 million tax demand for 2017 to 2019, arguing that it’s incorporated in the UK.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Report: Gender Parity Will Unlock $287 Billion for Africa’s Economy by 2030
Conducted in collaboration with McKinsey & Company, the study reinforces the crucial role of women’s economic empowerment in driving the continent into a new era of transformational growth.
- Region
- Sub-Saharan Africa
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Kenya Awards $1.3 Billion Power Concession to Adani Group and AFRICA50
The strategic initiative will substantially enhance the country’s power distribution network.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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