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Hotel Groups Hilton and Marriot Announce African Expansion Plans
Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday that it plans to more than triple its African portfolio to more than 160 hotels.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Senegalese E-Health Startup KERA Raises $10 Million Funding from IFC
Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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CLASP and GEAPP Expand Access to Affordable, Energy-efficient Appliances in Africa
CLASP and GEAPP scale up their innovative financing program to support more African businesses and farmers with affordable, energy-efficient appliances.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Guinea and Sierra Leone to Jointly Develop Fiber Optic Infrastructure
"This move is intended to boost digital interconnection between the two West African countries, with the promise of more stable, affordable, and competitive broadband services for telecom providers, businesses, and public institutions."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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MyNextCar Lands $10 Million to Scale Bolt’s Budget Ride-Hailing Fleet in South Africa
Emso Asset Management, a London-based firm with growing interest in mobility ventures across Africa led the round.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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Acumen Invests $1 Million in Somalia’s KIMS to Grow Off-Grid Solar
"Sharia-compliant solar financing to boost energy access in Somalia."
- Region
- Sub-Saharan Africa
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Viewpoint: Afreximbank Downgrade Raises Questions About Bank’s Strategy
"The Cairo-based institution, which has grown by leaps and bounds over the last decade, often seems determined not to be bogged down by orthodox multilateral development bank practices."
- Categories
- Finance
- Region
- Sub-Saharan Africa
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CrossBoundary Access and ANKA Announce $20 Million Mini-Grid Partnership in Madagascar
"This partnership will connect over 62,000 Malagasy people to electricity by 2026."
- Categories
- Energy
- Region
- Sub-Saharan Africa
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