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Fixit45 Raises $1.9 Million Funding, Moves to Unlock Kenyan, Ugandan Automotive Markets

Fixit45, a prominent player in the autotech aftermarket sector, has achieved a significant milestone by successfully raising $1.9 million in in equity and working capital at recent pre-seed funding round. The investment round was spearheaded by Launch Africa Ventures, Africa’s most active VC firm, along with prominent investors Soumobroto Ganguly ...

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With Two New Cross-border Fibre Routes, Liquid Intelligent Technologies Improves Connectivity, Driving Intra-African Digital Trade 

This significant achievement will allow for greater efficiency and reliable regional connectivity, both key to the economic development of these countries Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies, a pan-African technology group, has announced the launch of two new fully redundant terrestrial routes – Kenya to Ethiopia and ...

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XCMG Machinery Commits to Enhancing Africa’s Development in Public Welfare, Talent Upskilling  

XCMG collaborates with AVIC Internaitonal to support local techinical talents development, offering 12 majors to train over 3,000 full-time students and 3,600 short-term students on yearly basis.  In Gabon, as a key strategic partner of AVIC International Holding Corporation (AVIC INTL), XCMG offers 12 majors to train 3,000 full-time students ...

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Africa Finance Corporation Partners Kenya’s CPF Financial Services to Boost Infrastructure Investment

The collaboration aligns AFC, with a track record of generating competitive returns on over US$12.7 billion of investments in transformational infrastructure projects across 36 African countries Africa Finance Corporation , the continent’s leading infrastructure solutions provider, and CPF Financial Services (CPF), a leading provider of innovative financial solutions in Kenya, ...

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Kenya Signs Landmark Agreement with Spiro to Deploy Over 1 Million EVs, Advance Clean Energy Infrastructure

The Government of Kenya has  announced a groundbreaking partnership with Spiro, Africa’s leading electric motorbike manufacturer and clean energy provider. This monumental agreement is set to deploy over a million electric vehicles (EVs) throughout Kenya, highlighting the nation’s unwavering commitment to renewable energy and sustainable transportation. Since its inception just ...

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Speak up and Show up, Let You and Your Brilliant Ideas Be Heard – Lecticia Sepulvede, Public and Governance Affairs Advisor, ExxonMobil

Mozambique is fast positioning itself as a globally competitive producer and exporter of natural gas. The country boasts the presence of several energy majors such as ExxonMobil, all of which have played a central role in driving large-scale gas developments. ExxonMobil’s Public and Governance Affairs Advisor, Lecticia Sepulvede, who has a ...

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Kia’s Green Light Project to Deliver Life−Enhancing Skills to Communities in Zimbabwe, Mozambique

Kia Corporation has reached the latest milestones in its Green Light Project (GLP), with the 14th location in Zimbabwe to enhance agricultural productivity and mining safety, and the 15th location in Mozambique to support musical education. The company celebrated the new additions with ceremonies to mark the completion of the ...

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Equity Group Rakes KSHS.26.3 Billion Profit After Tax in  HI 2023

·  Grows Assets 23% To Hit Kshs.1.645 Trillion Equity Group (EGH) Holdings Plc  has announced 2023 half year results that reflect resilience amidst a tough operating global macro environment characterised by stubbornly sticky high inflation, high interest rates, volatile exchange rates and devaluation of emerging economies currencies . The Group ...

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EquityBCDC Partners CFAO, Activa Assurances Over ‘Eazzy Car’ Vehicle Loan Financing in DR Congo

EquityBCDC, CFAO RDC and Activa Assurances have launched  “Eazzy Car”, a groundbreaking car loan product into the DR Congo market. The product  was unveiled to the public at a media briefing on Thursday, 10 July 2023. The innovative partnership between three major companies in their respective sectors guarantees a turnkey ...

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Global Investors Arrive As Kinshasa Segment of Kenya-DRC Investors Roadshow Begins

Day 2 of the ongoing Kenya – DRC Investors Roadshow being hosted by Equity Group kicked off with global investors arriving at the N’djili International Airport in Kinshasa, DRC. This was followed by an MoU signing ceremony at EquityBCDC head office between Equity Group and Schneider Electric. The partnership is ...

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