A pan-African multilateral development finance institution focused on investing in infrastructure and industrial projects.
Why de-risking is key to unlocking Africa’s investment potential
A Moonshot panel discussed how government-backed guarantees could transform Africa's infrastructure and impact-investing landscape. Fola Fagbule from the Africa Finance Corporation highlighted the challenges of financing local infrastructure in local currency due to inflation.
UK Pushes African Firms to Raise Money in London
Over 100 African companies raised more than £17 billion on the LSE in the past decade. Africa Finance Corporation listed a $500 million eurobond in March.
Can Itana Become Africa’s Dubai for Tech? Nigeria’s First Virtual SEZ Launches
Itana signed a memorandum of understanding with Nigeria’s Ministry of Industry, Trade, and Investment to reshape the economy. The goal is to create 100,000 high-value digital jobs over the next five years under the National Talent Export Programme.
ARISE IIP Raises $443 Million to Accelerate Industrial Development Across Africa
ARISE IIP raises US$443 million in capital. US$300 million investment from Afreximbank's FEDA.
The result of Starlink's price increase
Starlink doubles subscription prices in Nigeria due to excessive inflation. Standard residential plan now costs ₦75,000 ($48) per month, up from ₦38,000 ($24).
