African Business News

Kenya tops EA bloc in impact investments

Kenya has become the top regional destination for investors putting money in impact investments that target both social and financial gains, a new study shows.

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East Africa: Nairobi Termed 'Hub of Impact Investment' As Region Attracts U.S.$9 Billion

East Africa is fast becoming a hotspot for impact investing that promotes not just profits but also sound environmental and social principles.

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South Africa's Liberty to spend up to $80 mln on two Nigeria deals

JOHANNESBURG - Liberty Holdings plans to invest up to $80 million on two deals in Nigeria by year-end, as part of a five-year strategy by South Africa's No.4 insurer to expand further into sub-Saharan Africa, its chief financial officer said.

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Obama’s trade boost prompts African relief

When President Barack Obama finally put pen to paper on the African Growth and Opportunity Act (AGOA) in late June, producers across the continent – from Nigerian footwear makers to Lesotho trouser stitchers – breathed a collective sigh of relief.

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