Kenya, China Strike $5B Infrastructure Development Deal
Kenya has struck a $5 billion development deal with China to be used to create a new railway line and
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Africa Cell Tower Company Raises $1B in Funding
IHS Towers, Africa’s largest independent mobile infrastructure company, has secured $522 million of debt and equity, led by new and
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India-Africa Trade Soars, Could Top $90B by 2015
Bilateral India-Africa trade has grown by nearly 32% annually between 2005 and 2011,including through the economic crisis, and is projected
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Grand Inga Project – Largest Hydroelectric Plant in the World
The first phase of construction of the world’s largest hydroelectric plant will start in October 2015 on the banks of
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Foreign Investment in Africa up 5%, Bucking Global Trend
Africa bucked global investment trend with a 5% increase in foreign direct investment inflows to $50 billion, according to a
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Obama’s $7 Billion Promise to help ‘Power Africa’
In Cape Town on July 1, U.S. President Barack Obama promised a major new initiative — Power Africa — to
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Africa-focused Mobile Content Provider Every1Mobile Raises $1.7M
Every1Mobile, which specialises in building mass audiences through mobile in sub-Saharan Africa, has raised US$1.7 million in angel investment. Every1Mobile,
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Strive Masiyiwa — Telcom Tycoon
As the founder and executive chairman of South African-based, Strive Masiyiwa is one of the continent’s richest men. Under his
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