February 01
East Africa: Kenya's Inflation Stays Below 5 Percent in Boost for Rate Cut Prospects
Kenya's inflation rate remained below the central bank's 5% midpoint target for the eighth consecutive month Consumer prices rose to 3.3% in January from 3% in December, according… Read more »
East Africa: East Africa Breweries H1 Profit Rises for First Time in Three Years
EABL reported a 19% increase in first-half net income to $62.7M for the six months ending December 2024 That marks its first profit growth in three years while net revenue rose 2%… Read more »
East Africa: Kenya Power Declares First Interim Dividend in Nine Years
Kenya Power & Lighting Co. will pay a 0.20 shilling per share interim dividend for the first time in nine years This follows a 3025.4% surge in net profit to KSh 9.97 billion… Read more »
January 31
South Africa: South Africa Central Bank Cuts Rates Again On Inflation Risks
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January 30
Cote d'Ivoire: Ivorian Fintech Cauridor Gets $3.5m for Cross-Border Payment Rails
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January 28
Africa: Foreign Direct Investment Flows to Africa Hit Record $94b in 2024
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January 27
South Africa: Insight Terra Gets $5.7m to Scale Environmental Risk Platform
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South Africa: South Africa's Naked Raises $38m to Expand Digital Insurance Platform
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Kenya: Starlink Becomes Kenya's Eighth-Largest Internet Provider
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Africa: African Central Banks to Take Divergent Paths On Interest Rates
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Africa: Gates Foundation-Backed I3 to Invest $1.6m in African Health Startups
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Africa: Applications Open for Women Techsters Fellowship Program
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Kenya: Kenya's Sevi Secures Funding to Expand Stock Financing Platform
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Africa: Proparco Invests $10.5m in Africinvest Africa SME Fund
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January 23
Gabon: Gabon's Dollar Bonds Gain As Junta Sets Election for April
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Zambia: Zambia's Copper Output Rises 12 Percent in 2024 Despite Drought
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South Africa: January Rate Cut Likely As South Africa Inflation Slows
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January 22
West Africa: Ecowas Targets Tax Cuts to Lower Air Travel Costs in West Africa
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Africa: Morocco Is Africa's Top Tourist Destination With 17 Million Visitors in 2024
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Zimbabwe: Zimbabwe Stock Exchange Poised for Growth in 2025 Despite Challenges
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January 21
South Africa: South Africa's FARO Raises $6m to Tackle Textile Waste
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South Sudan: Kenya, UAE Discuss Extending Railway to Uganda and South Sudan
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January 20
Gabon: Gabon Appoints New Economy Minister Amid Mounting Debt Challenges
Gabon's military leader, Brice Oligui Nguema, appointed Mark Doumba as the new economy minister Doumba, a Harvard-trained entrepreneur, will tackle the nation's growing debt… Read more »
Egypt: ExxonMobil Finds Major Gas Reserves in Egypt's Mediterranean Waters
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South Africa: South Africa's Construction Booms On $265b Infrastructure Push
Construction activity is surging across South Africa as President Cyril Ramaphosa's multi-billion-rand infrastructure overhaul gains momentum The strategy aims to inject $88… Read more »
Daba Finance (Abidjan)
Website: https://dabafinance.com/
